10 /
7
Derwentwater
Avenue
sandy bay
TAS,
7005
Enquiries between $575,000 - $625,000
2
1
1
Property: 60 sqm
Land: 282 sqm
Sandy Bay Position with Immediate Investment Appeal
Think it.
Set in one of Sandy Bay's most tightly held pockets, this solid brick unit offers a rare opportunity to secure a low-maintenance property just moments from the waterfront, the University of Tasmania and the vibrant Sandy Bay shopping precinct. Positioned privately within a small complex, it delivers the lifestyle buyers are seeking in a location that continues to show strong long-term demand.
Know it.
Inside, the home offers a practical and comfortable layout with a light-filled living area capturing leafy street outlooks through a large bay window. The kitchen is neat and functional with ample storage and bench space, while two well-proportioned bedrooms are serviced by a central bathroom incorporating laundry facilities. Outside, a generous paved courtyard provides valuable outdoor space rarely found in similar units, along with convenient off-street parking. The property is currently tenanted on a non-fixed lease at $440 per week, offering flexibility for both investors seeking immediate rental income or buyers looking to occupy in the future.
Own it.
Whether you are looking to enter the Sandy Bay market, secure a smart investment close to the university, or add value over time, this property represents an opportunity in a location where demand consistently outpaces supply. With its solid construction, private outdoor space and unbeatable proximity to the water, shops and cafés, this is a property that will always be in demand.
*Please note - some images have been digitally staged with furniture for illustrative purposes only and may not accurately represent the scale or dimensions of the rooms. Un-staged images of the property are available on request.
Agents
Nearby Schools
About sandy bay
median Unit price
660000median Unit rent
515suburb rental yield
4.1%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
