80 King St, Sandy Bay is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1915. The property has a land size of 490m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Ideally located an easy stroll from the eclectic mix of small businesses, supermarkets and local facilities of vibrant Sandy Bay village, plus the University of Tasmania and a range of well regarded Schools, this impressive period residence offers an outstanding opportunity to break into one of Hobart's most sought after residential areas.
Immediately impressive with a charming and well maintained exterior, the home offers generously proportioned rooms with great flexibility that will appeal to investors and owner occupiers alike, with 4-5 bedrooms plus bathroom and kitchen facilities at the rear.
Presently used as student accommodation, the interior is somewhat of a blank canvas ideal for a modern renovation or continuation of its present use. Separate room rental has previously generated $650 per week rental return, and the property has also been rewired, insulated and the roof and exterior re painted, also with garage and off street parking.
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 5,841 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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