1/2 Kingsley Avenue, Sandy Bay, Tas 7005

Opportunities like this in Sandy Bay are tightly held and increasingly hard to secure. With space, views and a rare three-bedroom, two-bathroom layout — all in a private two-residence setting — this is the kind of property buyers wait for… and act on quickly.

Set within one of Hobart's most sought-after and tightly held pockets, this private townhouse delivers a compelling combination of location, layout and long-term potential.

Positioned on an exclusive two-residence site, the home offers a level of privacy and independence rarely found in townhouse living. With only one neighbouring property, it feels far more like a standalone home — a key point of difference in a suburb where higher-density developments are becoming more common.

The location speaks for itself. Just moments from the University of Tasmania, Sandy Bay's café and shopping precinct, and the Hobart CBD and waterfront, this is a blue-chip position that continues to attract strong demand from both owner-occupiers and investors.

Internally, the home offers a highly sought-after three-bedroom, two-bathroom configuration, complemented by a lock-up garage and additional off-street parking — a rare combination that significantly broadens its appeal.

For buyers looking to secure a foothold in Sandy Bay, opportunities like this are becoming increasingly difficult to find. For professionals and downsizers, it offers low-maintenance living in a premium location without compromising on space. For investors, the property is already delivering immediate return, currently leased at $600 per week, with ongoing demand underpinned by its proximity to the university and city.

There is also potential for short-term accommodation (STCA), further enhancing its versatility as a long-term hold or flexible investment.

The home remains in its current well-presented condition, with updated carpet approximately five years ago and a layout that continues to perform well. Increasingly, buyers recognise that in suburbs like Sandy Bay, it is the position, scarcity and long-term upside that drive value — and properties offering this combination do not last long.

Heating: Reverse-cycle air conditioner, electric panel heater
Year built: 1985
Council rates: $2300.00 per annum approx.
Fixed water rates: $1200.00 per annum approx.
Rental estimate: Current Lease till Feb 2027- $600.00 per week.
Strata Insurance: $1100.00 per annum approx.

Type

Unit

Bedrooms

3

Bathrooms

2

Parkings

4

Area

113 m²

House Size

107 m²