70 Waimea Ave, Sandy Bay is a 5 bedroom, 4 bathroom House with 3 parking spaces and was built in 1948. The property has a land size of 1915m2 and floor size of 252m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
An Oasis of Calm in the Heart of the City
Tucked well away from Sandy Bay's busy life and behind beautifully inspired English garden style gates sits this magnificent 1940's built home. The current owners have cleverly utilised the property and its land by installing solar panels for renewable energy and growing organic produce, beneficial to the owners, clients, guests and the community.
The property is set on a huge 1,915m2 of land and is north facing capturing all day sun. There are stunning views of Mount Wellington and the River Derwent, whilst feeling secluded in a hidden oasis. A significant bonus to this property is the short term accommodation business already set up, providing an excellent return and high occupancy rates.
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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