OFF MARKET

70 Waimea Avenue
Sandy Bay TAS 7005

Bedrooms: 5
Bathrooms: 4
Car spaces: 3
Floor area: 252m2
Land area: 1915m2
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Property Details for 70 Waimea Ave, Sandy Bay

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.

Building Type
House
Year Built
1948
Floor Size
252m2
Land Size
1915m2
Local Government
Hobart
Lot/Plan
2/64328

Last Listing description (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 accommodation for the main house is split over two levels and comprises a main bedroom with an ensuite and ample storage, and in addition four double bedrooms with built-in robes located upstairs with a rumpus room. Further to the accommodation is a main bathroom, a laundry room with access to great outdoor entertaining areas and a main living/dining area separate to the kitchen. The separate and immaculate one bedroom chalet is currently being used as a licenced, council approved short term accommodation providing great extra income.
There are many extra features that the property has to offer throughout the home and chalet such as; Tasmanian Oak floorboards on the ground level of the main home, gold star solar tinting panels and solar strips for hot water, full insulation throughout, a filtered rain water tank (for drinking water), a wine cellar with a cooler room, flyscreens installed on every window and door of the property, honeycomb blinds throughout, gold star tinting on the windows in the chalet windows, kitchen window (main house) and stairs window and LED lights installed throughout offering energy efficiency. The home has been meticulously arranged in keeping with the Chinese philosophical system of feng shui thus harmonizing every item with its surrounding environment.
Outside there is a single garage with a roller door, double carport and an additional six off street parking spaces available. There are 5 water tanks, a huge enclosed vegetable garden and a fantastic wood fired pizza and bread oven located in the back yard. The grounds have been kept well and manicured.
Centrally located and close to all common services. Only a few minutes away from Hobart's CBD and Sandy Bay's shopping precinct, UTAS, popular parks and a plethora of Sandy Bay's well renowned cafes and restaurants.
On offer here is a truly unique property with great potential, if you think you may be interested please call the listing agent Rob Henry today.

Property History for 70 Waimea Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,511,000
17 Aug 2017
  • 17 Aug 2017
    Sold for $1,511,000
  • 01 Dec 2016
    Listed for Sale $1.6 Million
  • 28 Dec 2012
    Sold for $1,200,000
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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 28 properties listed for sale, and 18 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 184 properties were sold in the past 12 months in Sandy bay.

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Disclaimer
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.