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4/8 Margaret Street, Sandy Bay, Tas 7005 Sold
4/8 Margaret Street, Sandy Bay, Tas 7005 4/8 Margaret Street, Sandy Bay, Tas 7005-Image 4/8 Margaret Street, Sandy Bay, Tas 7005-Image 4/8 Margaret Street, Sandy Bay, Tas 7005-Image 4/8 Margaret Street, Sandy Bay, Tas 7005-Image 4/8 Margaret Street, Sandy Bay, Tas 7005-Image 4/8 Margaret Street, Sandy Bay, Tas 7005-Image 4/8 Margaret Street, Sandy Bay, Tas 7005-Image 4/8 Margaret Street, Sandy Bay, Tas 7005-Image 4/8 Margaret Street, Sandy Bay, Tas 7005-Image 4/8 Margaret Street, Sandy Bay, Tas 7005-Floorplan

4/8 Margaret Street, Sandy Bay, Tas 7005

$278,000

Unit
Type
1
Bedrooms
1
Bathrooms
1
Parkings
39 m²
Area

Last updated on Thursday, June 11, 2026 ( See property details for 4/8 Margaret Street, Sandy Bay, Tas 7005)

$278,000

Mike Speakman - Real Estate Agent - Petrusma Property
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Tony Dion - Real Estate Agent - Petrusma Property
Tony Dion Senior Property Representative
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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A low-maintenance, affordable unit in a sought-after Sandy Bay location, perfect for investors or those seeking a convenient lifestyle.

🏡 Property Highlights

  • Low-maintenance unit in a prime Sandy Bay location
  • Affordable entry point or solid investment opportunity
  • Open plan living/bedroom with built-in robe
  • Private bathroom with shower, basin, and toilet
  • Single off-street parking space on title
  • Close to Sandy Bay shops, cafés, and Short Beach foreshore
  • Easy access to the city, just 2km away
  • Potential for cosmetic renovation to enhance value
  • Part of a well-maintained twelve-unit complex with communal laundry
  • Ideal lock-up-and-leave or investment property

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Pet-Friendly
  • Low-Maintenance Yard
  • Garage / Secure Parking

Sandy Bay is a vibrant, highly sought-after suburb renowned for its stunning beaches, lively café culture, and proximity to Hobart’s city centre. It offers a relaxed coastal lifestyle with excellent amenities, scenic parks, and a strong community atmosphere. The area is ideal for both lifestyle seekers and investors, boasting high walkability and convenient access to local attractions. With its mix of historic charm and modern conveniences, Sandy Bay remains one of Tasmania’s premier suburbs for quality living.

What is the condition of the property and potential for renovation?
The property is in original condition from 1975, offering an excellent prospect for cosmetic renovation to enhance its appeal and value.
What amenities are available within the complex?
The complex includes a communal laundry and provides a single off-street parking space on title for convenience.
Is the property suitable for investment purposes?
Yes, with a rental rate of approximately $350 per week, it presents a solid investment opportunity in a blue-chip suburb.
How close is the property to local attractions?
The property is just a 5-minute walk to Sandy Bay shops and cafés, and 300 meters from Short Beach foreshore reserve.
What are the ongoing costs associated with the property?
Approximate annual costs include council rates of $1,100 to $1,500 and strata fees of around $1,220 per annum.
Are there any upcoming or planned developments in the area that could affect the property's value or living environment? What are the specific strata by-laws and any restrictions that may impact renovation or use? Are there any known issues with the building's structure, plumbing, or electrical systems? Is the property located in a flood or bushfire-prone zone? Are there any easements, zoning restrictions, or covenants that could limit future modifications or development?

4/8 Margaret Street, Sandy Bay, Tas 7005 - More Details

$278,000

Type
Unit
Bedrooms
1
Bathrooms
1
Parkings
1
Area
39 m²
House Size
27 m²

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