1/54 Duke Street, Sandy Bay, Tas 7005

Offer over $670,000

Flat
Type
4
Bedrooms
2
Bathrooms
1
Parkings
151 m²
Area

Published on Wednesday, October 07, 2026 ( See property details for 1/54 Duke Street, Sandy Bay, Tas 7005)

Offer over $670,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned four-bedroom, two-bathroom flat in Sandy Bay offering stunning water and mountain views, with a secure lease and excellent rental potential.

🏡 Property Highlights

  • Established investment with immediate rental income of $660 per week
  • Prime Sandy Bay location with easy access to Hobart CBD and local amenities
  • Water and mountain views enhancing property appeal
  • Close proximity to the University of Tasmania and highly regarded schools
  • Four spacious bedrooms and two bathrooms suitable for tenants or families
  • Secure lease in place until 12 November 2027, ensuring long-term rental stability

✨ Key Features

  • Waterfront / Views
  • Built-in Robes
  • Open-Plan Living
  • Close to the University of Tasmania
  • Close to several well-regarded local schools
  • Secure Parking
  • Pet-Friendly
  • Ensuite
  • Outdoor Area
  • Floorboards

Sandy Bay is one of Hobart's most sought-after suburbs, renowned for its stunning water and mountain views, vibrant local cafes and shops, proximity to the University of Tasmania, and excellent schools. Its convenient location offers easy access to Hobart CBD and public transport, making it ideal for both residents and investors seeking a high-quality lifestyle and strong rental demand.

What is the current rental income and lease term?
The property is currently rented at $660 per week with a lease in place until 12 November 2027, providing a secure and stable income stream.
What are the key features that make this property attractive to tenants?
The property offers four bedrooms, two bathrooms, water and mountain views, and a convenient location close to the university, schools, shops, and public transport.
Is the property suitable for investment purposes?
Yes, the property is an established investment with immediate rental income, strong rental demand, and a sought-after location in Sandy Bay.
What amenities are nearby?
Nearby amenities include the University of Tasmania, Princes Street Primary School, St Michael's Collegiate School, The Hutchins School, local shopping, cafés, and public transport options.
Are there any restrictions or special considerations for this property?
The property is leased until November 2027, and prospective buyers should verify any zoning or planning restrictions with local authorities.
Are there any upcoming planned developments or construction projects in the area that could affect the property's value or living environment? What are the total ongoing costs, including strata fees, council rates, and maintenance expenses? Are there any easements, covenants, or zoning restrictions that could impact future renovations or extensions? Has the property been inspected for structural issues, pests, or other defects? Is the property compliant with all local building codes and safety standards? Are there any known issues with water drainage, flooding, or bushfire risk in this area? What are the terms and conditions of the current lease, and are there any restrictions on the tenant or lease transfer? Are there any planned changes to public transport or local infrastructure that could influence the property's desirability? Is the property part of a strata scheme, and if so, what are the associated fees and regulations? Are there any noise or neighbour-related concerns that should be considered?

1/54 Duke Street, Sandy Bay, Tas 7005 - More Details

Offer over $670,000

Positioned in one of Hobart's most sought-after suburbs, this four-bedroom, two-bathroom property presents an excellent opportunity for investors looking to secure an established rental property in a highly convenient Sandy Bay location.
Currently returning $660 per week, the property is leased until 12 November 2027, providing investors with a secure rental income stream from day one.
The practical four-bedroom, two-bathroom layout offers strong appeal to the local rental market, while the location provides easy access to Hobart CBD, the University of Tasmania, local shopping, cafés, public transport and a range of highly regarded schools.
Nearby schools include Princes Street Primary School, St Michael's Collegiate School and The Hutchins School.
Key Features
- Four bedrooms
- Two bathrooms
- Currently rented at $660 per week
- Current lease in place until 12 November 2027
- Established investment with immediate rental income
- Water and mountain view
- Close to the University of Tasmania
- Close to several well-regarded local schools
- Easy access to Hobart CBD, shops, cafés and public transport
With a secure lease already in place, strong rental return and a highly convenient Sandy Bay location, 1/54 Duke Street represents a compelling opportunity for investors seeking a ready-made addition to their property portfolio.
Type
Flat
Bedrooms
4
Bathrooms
2
Parkings
1
Area
151 m²
House Size
140 m²

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