7 Beach Road, Sandy Bay, TAS 7005 | House for sale | OnTheHouse
FOR SALE
Offers over $5,500,000

7 Beach Road
Sandy Bay TAS 7005

Bedrooms: 8
Bathrooms: 4
Car spaces: 13
Floor area: 604m2
Land area: 1518m2
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"Newland" - A Landmark Federation Residence Opposite Nutgrove Beach

"Newland" presents one of the rarest residential opportunities to come to market on Hobart's waterfront in recent years. Positioned within an exclusive foreshore enclave of Nutgrove Beach, this substantial Federation-era residence combines architectural significance, remarkable scale, and extraordinary future potential.
Constructed circa 1910 for jam manufacturer Fred Peacock, the home is recognised as an important part of a small collection of significant residences that reflect the early suburban expansion of Sandy Bay. Rich in period detail, the home displays many defining characteristics of Federation architecture, including rendered brick construction, grand bay windows, ornate timber detailing, stained glass, dormer windows, expansive verandah, and a commanding street presence.
Internally, the property retains grand proportions throughout and offers an exceptional foundation for restoration or transformation into a residence of the highest calibre. In recent years, the property has operated as a medical and allied health hub, providing flexibility for purchasers considering a variety of future uses, subject to the necessary approvals.
A valuable additional feature is the existing commercial lease associated with the small pizza restaurant operating onsite, providing holding income without compromising the integrity or future potential of the main residence. A five year lease is in place, yielding a gross rent of $57,000 per annum plus GST.
Set only metres from Nutgrove Beach and the walking tracks that line the River Derwent, the location is among Sandy Bay's most tightly held and admired. Positioned within close proximity to excellent schools, Sandy Bay Village, the University of Tasmania, and Hobart's CBD, the property offers a lifestyle opportunity of exceptional rarity.
Properties of this scale, history, and foreshore position seldom become available. "Newland" represents a unique chance to secure a landmark Federation residence within one of Tasmania's most prestigious coastal settings.

Property Details for 7 Beach Rd, Sandy Bay

7 Beach Rd, Sandy Bay is a 8 bedroom, 4 bathroom House with 13 parking spaces. The property has a land size of 1518m2 and floor size of 604m2. The place is currently for sale with Ray White Hobart.

Building Type
House
Floor Size
604m2
Land Size
1518m2
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About Sandy Bay 7005

The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23.0% of 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 5,859 properties. Over the last 5 years, Houses in Sandy Bay have seen a 7.09% increase in median value, while Units have seen a 13.27% increase. As at 30 April 2026:

  • The median value for Houses in Sandy Bay is $1,267,762 while the median value for Units is $683,008.
  • Houses have a median rent of $755 while Units have a median rent of $520.
There are currently 15 properties listed for sale, and 12 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 224 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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Brad Stephens
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Ray White Hobart
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.