Sandy Bay Position with Immediate Investment Appeal

For Sale

10/7 Derwentwater Avenue, Sandy Bay, TAS, 7005

Sandy Bay Position with Immediate Investment Appeal

Unit

Type

Bedrooms

Bathrooms

Parkings

Last updated on Monday, April 06, 2026 ( See property details for 10/7 Derwentwater Avenue, Sandy Bay, TAS, 7005)

Enquiries between $575,000 - $625,000

Barry Wheeler - Real Estate Agent - PRD - Hobart

Barry Wheeler Property Representative | Auctioneer

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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 well-positioned, low-maintenance brick unit in Sandy Bay offering outdoor space, modern living, and strong investment potential.

🏡 Property Highlights

Prime location in Sandy Bay close to waterfront, university, and shopping precinct
Private setting within a small, well-maintained complex
Generous outdoor paved courtyard for outdoor living
Solid brick construction ensuring durability and low maintenance
Light-filled living area with leafy street outlooks
Flexible investment opportunity with current tenancy and rental income

✨ Key Features

Outdoor Area
Built-in Robes
Open-Plan Living
Waterfront / Views
Secure Parking
Internal Laundry
Pet-Friendly
Low-Maintenance Yard
Balcony
Ceiling Fans

Suburb and Property Insights of Sandy Bay, TAS 7005

Sandy Bay is a highly sought-after suburb renowned for its stunning waterfront, vibrant café culture, and proximity to the University of Tasmania. It offers a relaxed coastal lifestyle with excellent walkability, diverse dining options, and strong long-term demand for real estate. The area combines natural beauty with convenient amenities, making it ideal for both investors and owner-occupiers seeking a premium lifestyle. Its tightly held community ensures property value stability and growth potential.

Frequently Asked Questions

What is the condition of the property and are there any recent renovations?

The property is constructed of solid brick and offers a well-maintained, practical layout. Some images have been digitally staged, and un-staged images are available upon request to assess the actual condition.

What are the ongoing costs associated with this property?

Details regarding strata fees, council rates, and other ongoing costs are not specified but should be confirmed with the selling agent.

Is the property suitable for first-time buyers or investors?

Yes, the property is ideal for both first-time buyers looking to enter the Sandy Bay market and investors seeking a property with immediate rental income and future growth potential.

What is the rental yield and current tenancy status?

The property is currently tenanted on a non-fixed lease at $440 per week, providing an attractive rental income stream.

Are there any planning or development restrictions in the area?

Specific planning restrictions are not detailed; potential buyers should verify with local council regarding zoning and development controls.

What to ask about this property to agent?

Are there any upcoming or planned developments in the area that could affect the property's value or enjoyment? What are the strata or body corporate fees, if applicable, and what do they cover? Are there any known issues with the property's construction or structure? Is there any history of flooding or bushfire risk in this area? Are there any easements, covenants, or zoning restrictions affecting the property? What are the total costs involved in purchasing, including stamp duty and legal fees? Has the property been inspected recently for pests or structural integrity? Are there any restrictions on pet ownership within the complex? What is the history of rental income and vacancy rates for similar units in this complex? Are there any planned upgrades or maintenance works scheduled for the complex?

10/7 Derwentwater Avenue, Sandy Bay, TAS, 7005 - More Details

Sandy Bay Position with Immediate Investment Appeal

Type: Unit
Bedrooms: 2
Bathrooms: 1
Parkings: 1

10/7 Derwentwater Avenue, Sandy Bay, TAS, 7005 - Point Of Interest

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Your Commute at a Glance: 10/7 Derwentwater Avenue, Sandy Bay, TAS, 7005

Email Enquiry To PRD - Hobart

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10/7 Derwentwater Avenue, Sandy Bay, TAS, 7005

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