1 Russell Cres, Sandy Bay is a 4 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1958. While the property is not currently for sale or for rent, it was last sold in August 2002.
A great opportunity exists to purchase this substantial property with many options available. First time offered for sale and in the most convenient of Sandy Bay locations, this unique property would suit a large family with ample room for the teenagers to have their own space or an extended family member to be very much part of the family s activities but still have their own separate living quarters. Alternatively, and as currently configured, the house can be divided into two separate upper and lower floor apartments. Each apartment can be sold separately or buy the property as a whole and consider the following options; live in one apartment and lease out or sell the other or invest and reap the lucrative rewards of owning two spacious, centrally located, Sandy Bay apartments.
The overall floor plan consists of up to 7 bedrooms, 4 bathrooms, two of which are ensuite bathrooms, a sauna room, two very spacious open plan living kitchen and dining areas and substantial entertaining terrace areas.
There are water views from the upper level living and entertaining deck area and the double remote garage has internal access and extra off street parking is also available. The property has an abundance of storage throughout including a large workshop area and the family will love the sauna and spa bathroom and the superb convenience of Sandy Bay shopping, services, transport, cafes/restaurants and bars all on your door step. A number of both private and public schools are located nearby with UTAS a short walk away.
The size of Sandy Bay is approximately 6.9 square kilometres. There are 14 parks, covering nearly 23.0% of the total area. The population of Sandy Bay in 2016 was 11927 people. By 2021 the population was 12315 showing a population growth of 3.2% in the area during that time. The predominant age group in Sandy Bay is 20-29 years. Households in Sandy Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandy Bay work in a professional occupation.In 2021, 62.10% of the homes in Sandy Bay were owner-occupied compared with 61.50% in 2016.
Sandy Bay has 5,858 properties. Over the last 5 years, Houses in Sandy Bay have seen a 6.94% increase in median value, while Units have seen a 10.08% increase. As at 31 May 2026:
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