59 Red Chapel Ave, Sandy Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1958. The property has a land size of 607m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Sandy Bay in the last 12 months.
Built in 1958, this three bedroom brick home is full of potential and just waiting for a new lease of life. Its current owners while enjoying a number of comfortable years living in the property until the mid-2010s, updated the kitchen and bathroom. It is now the ideal time for new owners to purchase this prime piece of Sandy Bay real estate with stunning views across the Derwent River to the Eastern Shore, and to bring it into the 21st Century.
Situated on the crest of the hill at the top of one of Sandy Bay's premier avenues, the home not only enjoys the panorama of river and hills, but also the benefit of all day sunshine. The semi-open plan living room, dining room and kitchen extend across the north-north-eastern side of the house attracting sun for most of the day, while the rear of the property is flooded with sunshine in the afternoons. A modification incorporating the current laundry and kitchen would easily accommodate this afternoon sun into the living areas and give direct access to the attractive, level, paved outdoor entertaining area. Three double bedrooms with built-in robes and a family bathroom complete the home, the primary bedroom also enjoying river views.
Being on a sloping block, the elevated position of the house allows for a large concrete floored garage and storage area underneath that can accommodate two cars as well as a workshop and/or storage area. An electronic tilt-a-door gives access from the driveway and a secure single door is at the rear of the space. The garden has been neatly and easily maintained over the years with the option for the new owners to continue the status quo or to modify with their own landscaping ideas.
The location of this property is paramount. It not only has views and sunshine, but is situated a mere two minutes' walk from the nearest regular bus service and stop, and has easy access to the Sandy Bay shopping precinct and the Sandy Bay campus of UTAS via either Churchill Avenue or Sandy Bay Rd. The yacht clubs and other marine activities of Marieville Esplanade are a short drive away, as are the recreational grounds, sailing and croquet clubs, shops and beaches of Lower Sandy Bay. Having been rented for a number of years, this is a property in waiting ? to be revamped and restyled to suit 21st Century living.
The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23% of total area. The population of Sandy Bay in 2011 was 11,156 people. By 2016 the population was 11,925 showing a population growth of 6.9% in the area during that time. The predominant age group in Sandy Bay is 20-29 years. Households in Sandy Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandy Bay work in a professional occupation. In 2011, 63.1% of the homes in Sandy Bay were owner-occupied compared with 61.5% in 2016.
Sandy Bay has 5,842 properties. Over the last 5 years, Houses in Sandy Bay have seen a 37.00% increase in median value, while Units have seen a 19.52% increase. As at 31 October 2024:
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