Property Details for 303/1 Sandy Bay Rd, Hobart
303/1 Sandy Bay Rd, Hobart is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1928.
Last Listing description (June 2014)
5.86% return on investment or residence
This fully furnished apartment boasts amazing potential for any investor with an eye for a great deal!
With HIGH investment returns in the comforting hands of one of the Australia's largest accommodation chains, Mantra apartments are well known throughout Australia for their high level of quality in design, furnishings and amenities.
Located opposite St Davids Park and just minutes walk from bustling Salamanca Place and the CBD, this one bedroom executive apartment offers comfort, convenience and investment success.
Full financial reporting for the last 4 years available on request.
To discuss how this can work for you, please contact Sam Monks for further information or to inspect this property.
- Fully furnished and managed
- Tax shelter from depreciation & Capital
- Opportunity to convert into a residence
- Proximity to CBD and Salamanca
- Art Deco architecture
Year Built: 1928
Construction Type: Brick Veneer
Heating: R/C
Property History for 303/1 Sandy Bay Rd, Hobart, TAS 7000
- 01 Aug 2012Listed for Sale OFFERS OVER $300,000
Recent sales nearby
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About Hobart 7000
The size of Hobart is approximately 2.1 square kilometres. There are 10 parks, covering nearly 4.8% of the total area. The population of Hobart in 2016 was 2296 people. By 2021 the population was 3390 showing a population growth of 47.6% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation.In 2021, 27.40% of the homes in Hobart were owner-occupied compared with 26.40% in 2016.
Hobart has 3,094 properties. Over the last 5 years, Houses in Hobart have seen a -0.28% decrease in median value, while Units have seen a -2.34% decrease. As at 30 June 2026:
- The median value for Houses in Hobart is $1,042,791 while the median value for Units is $768,476.
- Houses have a median rent of $690 while Units have a median rent of $650.
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