46 Otago Bay Rd, Otago is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 1935m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
This extensive and immaculately presented property is located in the tranquil waterside enclave of Otago, designed to capture all-day sun and delightful Derwent River views.
Offering a myriad of living zones over two levels - the property lends itself for family living with the downstairs area being perfect for extended family, parents, or the perfect teenagers' retreat.
The lower level consists of an extensive open plan area, a large bedroom with a built-in wardrobe, an ensuite, and tinted sliding doors that lead to an outside patio. The living area is generous in size, floor to ceiling storage cupboards plus double glazed sliding doors that open onto the front of the home where you can enjoy your morning coffee. Also located on this level is the functional walk-through laundry, under stairs cupboard plus a walk-in storage area.
On the home's upper level, a modern, sunny open-plan living area with two covered balconies optimises the picturesque river vista. Enhanced with an attractive curved barrel ceiling that adds a sense of spaciousness.
The chefs' kitchen is complete with quality appliances, stainless steel benchtops, and a tiled floor. An added breakfast bar and dining area flow onto a protected and private undercover entertainment zone complete with retaining walls and a tiered garden displaying established grapevines.
Three generous-sized bedrooms all enjoy the ever-changing views and offer built-in wardrobes two with private patios. All serviced by the newly renovated luxury bathroom featuring floor-to-ceiling tiles and a freestanding bath.
Externally you have a low-maintenance native garden. The concrete driveway leads to ample off-street parking for boats and caravans with retaining walls.
All this is only 12 Km from the CBD, 10 minutes drive from Lindisfarne or Glenorchy facilities, and on a bus route.
Available for a 6-12 month lease with options to renew.
This fabulous home would ideally suit those who are seeking a quality home.
* Please note, the 'Tenant Check' offered through the Ignite application platform is a paid product offered by Realestate.com.au and is in no way affiliated with Fall Real Estate. It is not a compulsory requirement when applying for one of our properties and it will not ensure your application will be successful or prioritised.
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 88.90% increase in median value. As at 30 April 2026:
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