3 Bay Road, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

3 Bay Road
New Town TAS 7008

Bedrooms: -
Bathrooms: 1
Car spaces: -
Land area: 96m2
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Last updated 11 May 2026
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Property Details for 3 Bay Rd, New Town

3 Bay Rd, New Town is a 0 bedroom, 1 bathroom House. The property has a land size of 96m2.

Building Type
House
Land Size
96m2
Local Government
Hobart
Lot/Plan
1/100565

Last Listing description (April 2026)

Ant's "Fluff-Free" Description...

This is one of Hobart's most tightly held and recognisable boatsheds, positioned right on the water at Cornelian Bay.

It is special, it is rare - and it is NOT a home.

If you're looking for a permanent residence, overnight accommodation, or something to live in - this is not it.

If you want a waterfront day-use retreat in one of Hobart's most iconic settings - read on.

IMPORTANT PLEASE READ FIRST

* This boatshed CANNOT be lived in

* No permanent or temporary residential use permitted

* No overnight accommodation permitted

* Use is strictly limited under Crown Land Licence conditions

* Buyers must familiarise themselves with the Licence, Lease, and permitted use

* No grey area. No creative interpretations. No "surely we can just..."
You can't.

THE BOATSHED

* One of the original Cornelian Bay boatsheds

* Located on Crown Land under a Crown Land Licence

* Part of the permanently registered Cornelian Bay Boatsheds heritage precinct

* Approx. 66m2 internal area (boatshed structure)

* Approx. 96m2 licensed area

INTERNAL FEATURES (DAY USE ONLY)

* Fully appointed kitchen

* Bathroom with composting toilet

* Swedish sauna

* Open living and dining zone

* Carpeted loft space suitable for lounging or storage

* Extensive glazing capturing uninterrupted River Derwent views

OUTDOOR & WATERFRONT

* Large waterfront deck

* Glass balustrading

* Direct water frontage at Cornelian Bay

* One of Hobart's most tightly held foreshore locations

PERMITTED USE - IN PLAIN ENGLISH

* Day use only

* Recreational and leisure use

* Boatshed use consistent with licence conditions

* NOT a dwelling

* NOT short stay accommodation

* NOT permanent or temporary living

* If your solicitor uses the word "residence" - they're on the wrong page.

WHO THIS SUITS

* Buyers seeking a rare waterfront retreat

* Those who understand Crown Land licensing

* People wanting a unique leisure asset, not a house

* Buyers who appreciate heritage, position, and scarcity

WHO THIS DOES NOT SUIT

* Anyone wanting to live there

* Anyone planning overnight stays

* Anyone hoping to "work something out later"

* Save yourself (and me) the call if that's the plan.

THE BOTTOM LINE

These boatsheds almost never change hands.

This is a rare chance to secure a front-row Cornelian Bay position with serious wow-factor - as long as you understand exactly what you're buying.

Best Offer Over $500,000

All documentation available on request.

Buyers are strongly encouraged to obtain independent legal advice regarding permitted use.

Onwards and upwards to your rare piece of waterfront beauty!

"I Work Harder - It's THAT Simple!"

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 3 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
  • 26 Nov 2025
    Listed for Sale Offers Over $449,000
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About New Town 7008

The size of New Town is approximately 4.0 square kilometres. It has 8 parks covering nearly 9.3% of total area. The population of New Town in 2016 was 6122 people. By 2021 the population was 6781 showing a population growth of 10.8% in the area during that time. The predominant age group in New Town is 20-29 years. Households in New Town are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Town work in a professional occupation.In 2021, 56.80% of the homes in New Town were owner-occupied compared with 57.40% in 2016.

New Town has 3,094 properties. Over the last 5 years, Houses in New Town have seen a 16.22% increase in median value, while Units have seen a 10.46% increase. As at 30 April 2026:

  • The median value for Houses in New Town is $904,287 while the median value for Units is $503,054.
  • Houses have a median rent of $660 while Units have a median rent of $498.
There are currently 6 properties listed for sale, and 2 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 115 properties were sold in the past 12 months in New town.

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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.