405/1 Sandy Bay Road, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

405/1 Sandy Bay Road
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 64m2
Land area: 49m2
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Last updated 13 Jul 2026
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Property Details for 405/1 Sandy Bay Rd, Hobart

405/1 Sandy Bay Rd, Hobart is a 1 bedroom, 1 bathroom Unit and was built in 1928. The property has a land size of 49m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
1928
Floor Size
64m2
Land Size
49m2
Local Government
Hobart
Lot/Plan
405/151831

Last Listing description (January 2022)

This fully furnished apartment is absolutely perfect for a no-nonsense investor looking for a stress-free investment, or an owner-occupier looking for a chic city studio to stay in when working or visiting in Hobart on a short term basis!

One of only two split-level apartments at The Mantra/Accor, the complex is both safe and low-maintenance, and is positioned on the doorstep of Salamanca's waterfront and restaurant/bar precinct. With the colorful and vibrant Salamanca Market on Saturday's, opposite the picturesque St David's Park, and two blocks from Hobart's business sector and shopping hub, there is no need for a car! An easy walk to historic Battery Point and the delicious restaurants that line the streets, or venture further out towards Sandy Bay's cafes and beaches, there is a bus stop right at your doorstep if walking is not your preference!


Currently let and managed through Mantra - their worldwide Accor Hotel group - as high quality, short-term accommodation and a highly desirable destination for intrastate and interstate holiday makers and contract workers, this property offers a headache-free investment at a price-point that is accessible to most property buyers and investors. The property is poised ready to take advantage of Tasmania's increasing appeal to interstate and international visitors, particularly when the borders open up.

- Split level + 4th floor apartment with water glimpses from upstairs
- Two Daikin heat/cool air conditioners
- Short term accommodation with high occupancy & long-stay options for guests on contract work
- Short term serviced apartments for less than 6 months at one time

Please contact us directly for a Private Inspection, Management Structure, Title Plan, Outgoings and Financials or any other information you may require.

We are under instruction to present all offers to the vendor, so make an appointment to view today!

Property History for 405/1 Sandy Bay Rd, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$290,000
29 Aug 2013
  • 30 Oct 2020
    Listed for Sale Offers over $350,000
  • 29 Aug 2013
    Sold for $290,000
  • 18 Jun 2007
    Sold for $280,000
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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.
There are currently 33 properties listed for sale, and 56 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 93 properties were sold in the past 12 months in Hobart.

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Cotality Copyright and Legal Disclaimers about Property Data
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.