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Sandy Bay Position with Immediate Investment Appeal For Sale
Sandy Bay Position with Immediate Investment Appeal Sandy Bay Position with Immediate Investment Appeal

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

Sandy Bay Position with Immediate Investment Appeal

Unit
Type
2
Bedrooms
1
Bathrooms
1
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-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

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.

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.
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

Think it. Set in one of Sandy Bay's most tightly held pockets, this solid brick unit offers a rare opportunity to secure a low-maintenance property just moments from the waterfront, the University of Tasmania and the vibrant Sandy Bay shopping precinct. Positioned privately within a small complex, it delivers the lifestyle buyers are seeking in a location that continues to show strong long-term demand. Know it. Inside, the home offers a practical and comfortable layout with a light-filled living area capturing leafy street outlooks through a large bay window. The kitchen is neat and functional with ample storage and bench space, while two well-proportioned bedrooms are serviced by a central bathroom incorporating laundry facilities. Outside, a generous paved courtyard provides valuable outdoor space rarely found in similar units, along with convenient off-street parking. The property is currently tenanted on a non-fixed lease at $440 per week, offering flexibility for both investors seeking immediate rental income or buyers looking to occupy in the future. Own it. Whether you are looking to enter the Sandy Bay market, secure a smart investment close to the university, or add value over time, this property represents an opportunity in a location where demand consistently outpaces supply. With its solid construction, private outdoor space and unbeatable proximity to the water, shops and cafés, this is a property that will always be in demand. *Please note - some images have been digitally staged with furniture for illustrative purposes only and may not accurately represent the scale or dimensions of the rooms. Un-staged images of the property are available on request.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

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