5 Grace Street, Sandy Bay, Tas 7005

Offers Over $985,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
651 m²
Area

Published on Wednesday, October 07, 2026 ( See property details for 5 Grace Street, Sandy Bay, Tas 7005)

Offers Over $985,000

Tynelle Wright Sales Associate to Penny Connor & Property Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A solid 1950s Sandy Bay home offering exceptional renovation potential in a prime riverside location.

🏡 Property Highlights

  • Prime Sandy Bay location close to the waterfront and local amenities
  • Solid brick construction with original 1950s features
  • Generous proportions with spacious living and dining areas
  • Abundance of natural light and scenic outlooks towards the River Derwent
  • Potential for renovation and customization to suit personal style
  • Established gardens and distinctive curved brick façade

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Garage
  • Outdoor Area
  • Fireplace
  • Waterfront / Views
  • Internal Laundry
  • Secure Parking
  • Workshop
  • High energy efficiency
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5 Grace Street
Sandy Bay, TAS 7005
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Vertical aerial view — 5 Grace Street
5 Grace Street — Vertical Aerial  •  Sandy Bay, TAS 7005  •  Nearmap © 2026

Sandy Bay is a highly sought-after suburb renowned for its stunning waterfront views, vibrant local cafes and shops, proximity to the University of Tasmania, and easy access to Hobart's CBD. The area offers a relaxed coastal lifestyle with established parks and scenic walking trails, making it ideal for families and professionals alike. Its historic charm combined with modern amenities ensures a desirable community atmosphere. The neighbourhood benefits from excellent public transport links and a strong sense of community, making it a premier location for both lifestyle and investment.

What is the condition of the property and what renovation work is needed?
The property is largely original and in a solid condition, offering a great foundation for renovation. Some updates to the kitchen, bathroom, and interior finishes may be desired to modernize the home.
Are there any planning or building restrictions for renovations?
Potential buyers should consult with the local council regarding planning permissions, heritage overlays, or building restrictions that may apply to this historic property.
What are the ongoing costs associated with this property?
Ongoing costs may include council rates, maintenance of the established gardens, and any future renovation expenses. It is advisable to obtain a detailed cost estimate prior to purchase.
Is the property suitable for future extensions or additions?
Given the generous land size and existing structure, there is potential for extensions or additions, subject to council approval and planning regulations.
What is the zoning classification of this property?
The property is zoned for residential use, but prospective buyers should verify with the local council for specific zoning details and any restrictions.
Are there any existing easements, covenants, or planning restrictions affecting the property? Has the property experienced any history of flooding, bushfire risk, or other environmental hazards? Are there any outstanding council or utility bills associated with the property? Is there any known structural damage or issues with the foundation or roof? Are there any upcoming development or construction projects in the vicinity that could impact the property’s value or lifestyle?

5 Grace Street, Sandy Bay, Tas 7005 - More Details

Offers Over $985,000

Solid, spacious and wonderfully original, 5 Grace Street presents a rare opportunity to take a classic 1950s Sandy Bay home and make it entirely your own.

Built in 1952 and held in largely original condition, the home is unapologetically a renovator. What it does offer is a fantastic foundation to work with - solid brick construction, generous proportions, hardwood floors and an abundance of natural light, all in a location that speaks for itself.

At the heart of the home is an exceptionally spacious living and dining area, where large windows capture plenty of sun and an outlook across the surrounding rooftops towards the River Derwent and Sandy Bay. A wood fireplace adds to the home's original character.

The kitchen remains a true snapshot of its era, complete with original cabinetry and stove, while the bathroom, with its pink fittings, is another nod to the home's 1950s beginnings. Three generous bedrooms complete the main accommodation.

To the rear, a versatile laundry and games room provides additional space to work with, while downstairs you'll find a single garage, second toilet and extensive under-house storage.

Outside, established gardens and the distinctive curved brick façade give the home plenty of street presence, with off-street parking adding further convenience.
Positioned in the heart of Sandy Bay, you're within easy reach of the University of Tasmania, local shops and cafés, the waterfront and public transport, with Hobart's CBD only minutes away.

There is work to be done here, but that's exactly the opportunity. For those with the vision to breathe new life into a Sandy Bay original, 5 Grace Street offers the space, bones and location to create something truly special.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
651 m²
House Size
165 m²

Inspections times

  • Inspection Sat 10 Oct 12:00 pm

    Saturday 10 October
    12:00 pm - 12:30 pm
Thank you for submitting your reminder request.

Map & nearby places — 5 Grace Street, Sandy Bay, Tas 7005

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