For Sale

511/1 Sandy Bay Road, Hobart, Tas 7000

Offers Over $420,000

Serviced Apartment

Type

Bedrooms

Bathrooms

48 m²

Area

Published on Monday, October 19, 2026 ( See property details for 511/1 Sandy Bay Road, Hobart, Tas 7000)

Offers Over $420,000

Sam Monks Senior Real Estate Agent

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AI Property Insight

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

A fully furnished, top-floor Art Deco apartment in Hobart's prime CBD location offering excellent investment potential and flexible living options.

🏡 Property Highlights

Fully furnished and professionally managed apartment in Hobart's CBD
Picturesque outlook across Hobart's CBD and West Hobart
Excellent investment opportunity with strong, growing returns
Prime location opposite St David's Park, close to Salamanca and waterfront
Potential to convert into a personal residence (STCA)
Art Deco architecture adding character and charm

✨ Key Features

Built in robes
Air Conditioning
Open-Plan Living
Waterfront / Views
Fully fenced
Security Screens / Gates
Floorboards
Balcony
Ensuite
Home Office / Study

Suburb and Property Insights of Hobart, TAS 7000

Hobart's vibrant CBD offers a dynamic lifestyle with easy access to Salamanca, waterfront precinct, and historic Battery Point. The area boasts excellent amenities, cultural attractions, and a strong rental market, making it ideal for investors and residents alike. Surrounded by parks, cafes, and entertainment options, it provides a perfect blend of convenience and lifestyle. The location's popularity continues to grow, ensuring long-term value and appeal. With excellent walkability and public transport, residents enjoy a seamless urban experience.

Frequently Asked Questions

Can the apartment be used as a personal residence?

Yes, the apartment can be converted into a personal residence, subject to council approval (STCA).

What are the rental income prospects for this property?

The property delivers strong and consistently growing returns, making it an attractive investment opportunity in Hobart's thriving rental market.

Is the apartment suitable for holiday or short-term rentals?

Yes, given its fully furnished status and prime location, it is well-suited for holiday or short-term rentals, subject to relevant regulations.

What amenities are nearby?

The apartment is within walking distance to Salamanca Place, the waterfront precinct, Battery Point, and Hobart CBD, offering excellent cafes, restaurants, parks, and cultural attractions.

Are there any ongoing body corporate fees?

The approximate annual body corporate fee is $9,641, which covers maintenance and management of the building.

What to ask about this property to agent?

Are there any upcoming or planned developments in the vicinity that could affect the property's value or enjoyment? What are the specific zoning regulations and potential restrictions for converting the apartment into a residence? Are there any known issues with the building's structure or services, such as plumbing or electrical systems? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any easements, covenants, or other legal restrictions affecting the property?

511/1 Sandy Bay Road, Hobart, Tas 7000 - More Details

Offers Over $420,000

Situated on the top floor of the building, this fully furnished one-bedroom apartment offers spacious and restful accommodation, expertly managed by one of Australia's largest accommodation groups, Mantra Hotels, Resorts & Apartments.

The apartment enjoys a picturesque outlook across Hobart's CBD, extending toward West Hobart and beyond.

Delivering strong and consistently growing returns, this apartment presents an exceptional opportunity for astute investors seeking to capitalise on the high and ever-increasing demand for quality accommodation in central Hobart. The property also offers the flexibility of personal use—ideal for interstate travellers, investor-owners and it can be re zoned and used as a personal residence.

Perfectly positioned opposite tranquil St David's Park and just a short stroll to Battery Point, Salamanca Place, the waterfront precinct, and the Hobart CBD, the location provides unparalleled convenience—no car required.

Financial reports for the past three years are available upon request. For further information or to arrange a viewing, please contact Sam Monks.

With Hobart's popularity as a premier tourist destination continuing to rise, now is the perfect time to secure this rare offering and enjoy the rewards it provides.

• Fully furnished and managed
• Opportunity to convert into a residence (STCA)
• Proximity to the CBD and Salamanca
• Art Deco architecture

Year Built: 1928
Heating: Reverse Cycle Air-Conditioning
Approx. Council Rates: $2684 per annum
Approx. Water Charges: $827 per annum
Approx. Body Corporate Fess: $9641 per annum

Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma Property.

Type: Serviced Apartment
Bedrooms: 1
Bathrooms: 1
Area: 48 m²
House Size: 48 m²

Map & nearby places — 511/1 Sandy Bay Road, Hobart, Tas 7000

Explore 511/1 Sandy Bay Road, Hobart, Tas 7000 in 3D

See the photorealistic 3D view of this property and everything around it before you book an inspection.

Photorealistic 3D aerial & street-level flyover
Nearby schools, parks, shopping, transport, health & dining
Walking & driving routes with travel time from the front door
Satellite & hybrid map views, full-screen mode

Costs and returns

Work out what this home could cost you, or earn you, using your own numbers. The calculators run in your browser and keep nothing you type.

School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Albuera Street Primary School Local Intake Area Government primary school, K-6, co-ed
New Town High School Local Intake Area Government secondary school, 7-12

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

Rosny College Government secondary school, 11-12, co-ed
St Mary's College Independent combined school, Prep-12, girls
Mount Carmel College Catholic combined school, Prep-10, girls
Sacred Heart College Catholic combined school, Prep-10, co-ed
Hilliard Christian School Independent combined school, Prep-10, co-ed

Email Enquiry To Petrusma Property

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511/1 Sandy Bay Road, Hobart, Tas 7000

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