SOLD
Sold on 02 May 2024 for $550,000

7/403 Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 79m2
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Property Details for 7/403 Sandy Bay Rd, Sandy Bay

7/403 Sandy Bay Rd, Sandy Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 79m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Sandy Bay in the last 12 months.

Building Type
Unit
Year Built
1964
Floor Size
65m2
Land Size
79m2
Local Government
Hobart
Lot/Plan
7/60301

Last Listing description (June 2024)

Quarterdeck apartments are located by the waters edge in thriving Sandy Bay and provide convenience, vibrancy, and low maintenance living - allowing more time to enjoy life around you. Impressive mountain and sparkling river views will feature in your outlook and add to a vibrant lifestyle that you can enjoy from this wonderful blue-chip location.

Largely in original condition, but also immaculate and highly functional, this apartment can be enjoyed as is or you can renovate and decide upon the d?cor to suit your own personality.

The apartment is nicely elevated on the first floor capturing the morning and afternoon sun whilst enjoying a sunny aspect creating an abundance of natural warmth and light. There is easy access to the apartment from ground level via the combination of a ramp and several stairs.

Comprising two double bedrooms, both with fitted wardrobes, that enjoy the rear aspect to the building with mountain views and afternoon sun.

The well-appointed kitchen and generous living room feature water views especially with the morning sun sparkling on top of the River Derwent.

The apartment is kept cosy with an off-peak storage heater and enjoys a solar passive design.

There is also undercover parking for one car and an adjoining secure storage cupboard.

Offering lots of convenience with easy access to local shops, the waterfront, cafes, Sandy Bay Shopping Precinct and more. The University of Tasmania is also within easy walking distance and the CBD of Hobart is just a short drive away.

The property is available with vacant possession or with a long-term tenant in place.

For further information or to arrange a private inspection, please contact Ben Vance.

Council Rates: $1950 per annum (approx.)
Water Rates: $1,000.00 per annum (approx.)
Body Corporate Fees: $ 2,600 per annum (approx.)
Rental Estimate: $ 500 per week

Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.

Property History for 7/403 Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$550,000
02 May 2024
  • 02 May 2024
    Sold for $550,000
  • 16 Jan 2024
    Listed for Sale Not Disclosed
  • 10 Jan 1986
    Sold for $63,500

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About Sandy Bay 7005

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:

  • The median value for Houses in Sandy Bay is $1,320,252 while the median value for Units is $648,147.
  • Houses have a median rent of $620 while Units have a median rent of $495.
There are currently 27 properties listed for sale, and 16 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Sandy bay.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.