13-15 Gregory Street, Sandy Bay, TAS 7005 | Commercial for sale | OnTheHouse
 
FOR SALE
EOI closing Thursday, 3rd September at 4pm (AEST)

13-15 Gregory Street
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 366m2
Land area: 955m2
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One Title. Two Buildings. Owner Occupy and Invest

RWC Tasmania presents 13-15 Gregory Street, Sandy Bay, a rare dual building freehold commercial asset positioned within the highly regarded Sandy Bay commercial precinct. Combining flexible lease tails and underpinned by a strong net holding income, the property presents an outstanding opportunity for investors and future owner-occupiers seeking long-term upside in a premium location.
Key Property Highlights
+ Rare dual-building freehold situated on a substantial 955 sqm* site
+ High-profile position with flexible 'general business' zoning
+ Immediate net passing income of $96,059 p.a.* + GST, with the tenants responsible for all statutory outgoings and building insurance
+ 10 dedicated rear off-street car parks delivering exceptional access
+ Strategic opportunity to owner-occupy one building while collecting rent on the other, rental growth from existing tenants or subdivide^
+ Staggered lease expiries across 15 Gregory (Aug 2026) and 13 Gregory (Dec 2026) with options.
For more information or to arrange a private inspection, please contact the exclusive marketing agents.

Property Details for 13-15 Gregory St, Sandy Bay

Building Type
Commercial
Floor Size
366m2
Land Size
955m2
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About Sandy Bay 7005

The size of Sandy Bay is approximately 6.9 square kilometres. There are 14 parks, covering nearly 23.0% of the total area. The population of Sandy Bay in 2016 was 11927 people. By 2021 the population was 12315 showing a population growth of 3.2% in the area during that time. The predominant age group in Sandy Bay is 20-29 years. Households in Sandy Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandy Bay work in a professional occupation.In 2021, 62.10% of the homes in Sandy Bay were owner-occupied compared with 61.50% in 2016.

Sandy Bay has 5,864 properties. Over the last 5 years, Houses in Sandy Bay have seen a 0.36% increase in median value, while Units have seen a 2.54% increase. As at 31 July 2026:

  • The median value for Houses in Sandy Bay is $1,286,716 while the median value for Units is $697,794.
  • Houses have a median rent of $800 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 11 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 229 properties were sold in the past 12 months in Sandy bay.

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Claude Alcorso
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Heather Mason
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