121 Otago Bay Rd, Otago is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 2016. The property has a land size of 4348m2 and floor size of 290m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
With 5 bedrooms and three bathrooms set across separate levels and oodles of storage space, this expansive 382 sqm home is ideal for growing or extended families. But it's not all about size - there are magnificent water views, modern conveniences such as double glazing throughout and easy access with an internal lift, and fantastic outdoor living space - this comfortable 2016 built home has your whole family covered.
Upstairs is a vast open plan living area that includes a kitchen with modern appliances, walk-in pantry and plenty of room for dining. The light and inviting lounge area offers a perfect vantage point to enjoy the glorious views over the Derwent River, towards Hobart and kunanyi/Mt Wellington. From here you can easily access the huge deck, partially covered to protect from the elements; where you can entertain in style, enjoy easy outdoor dining or just relax and enjoy the peaceful surroundings.
On this level there are three nicely sized bedrooms with ample built-in storage, plus an impressive master bedroom with ensuite, walk-in wardrobe and dedicated access to the deck. You will also find a family bathroom with combined shower and spa bath, and WC located separately.
Downstairs is a self-contained area with kitchen facilities, ample living space, a large bedroom and dual access bathroom. Together with plenty more storage options, a rumpus and internal access to the double garage - this is a perfect unit for additional family members who need their own space or luxurious accommodation for guests.
Outside, the generous 4,348 sqm block easily accommodates parking for at least four vehicles, and the neat grounds provide plenty of space for kids to play and pets to roam, or start planning your dream ornamental or productive garden.
The quiet and friendly neighbourhood of Otago feels a world away from the bustle of city life but is only 15 minutes from the Hobart CBD. Shopping in Lindisfarne, Glenorchy or Bridgewater is a convenient 10-minute drive away, and there are a range of reputable schools in the area as well as a bus service running right along Otago Bay Road.
Ideal for families looking for extra room or additional living options, this wonderful property certainly delivers on space! A modern and comfortable home with room for the whole family. Contact Warwick today to arrange a viewing, he will be delighted to show you around.
The size of Otago is approximately 5.4 square kilometres. It has 2 parks covering nearly 52.9% of total area. The population of Otago in 2016 was 554 people. By 2021 the population was 596 showing a population growth of 7.6% in the area during that time. The predominant age group in Otago is 60-69 years. Households in Otago are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Otago work in a professional occupation.In 2021, 89.30% of the homes in Otago were owner-occupied compared with 92.50% in 2016.
Otago has 270 properties. Over the last 5 years, Houses in Otago have seen a 46.71% increase in median value. As at 31 March 2026:
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