118 King Street, Sandy Bay, TAS 7005 sold on 20 April 2026 | OnTheHouse
SOLD
Sold on 20 Apr 2026 for $1,760,000

118 King Street
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 172m2
Land area: 278m2
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Property Details for 118 King St, Sandy Bay

Building Type
Commercial
Year Built
1925
Floor Size
172m2
Land Size
278m2
Local Government
Hobart
Lot/Plan
1/38467

Last Listing description (August 2026)

There's nothing like this sound. All smart Entrepreneurs have heard it and rely on it. Not far from the middle of town, this generously sized property will always have a varied range of potential. Last used as a supermarket, any business activity in this location has a very strong chance of success because of the location alone. As mentioned, the internal space is already very generous, but what if I told you that it even comes with planning approval and plans to extend the size even further? That's right and all available for your consideration upon request.Because of the favorable zoning and the opportunity for some off-street parking, you may even want to convert this property to amazing inner-city luxury living s.t.c.a. Whatever purpose you desire, the myriads of lucrative opportunities just need some imagination and flair. perfectly located within a rapidly emerging Capital city in a state that's becoming known as a jewel of Australian life, this opportunity shouldn't be missed.** The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 118 King St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,760,000
20 Apr 2026
  • 19 May 2026
    Listed for Sale $2,100,000
  • 20 Apr 2026
    Sold for $1,760,000
  • 23 Jul 2025
    Listed for Sale $2100000.00
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About Sandy Bay 7005

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 5,864 properties. Over the last 5 years, Houses in Sandy Bay have seen a -8.36% decrease in median value, while Units have seen a 2.26% increase. As at 31 August 2026:

  • The median value for Houses in Sandy Bay is $1,251,208 while the median value for Units is $712,988.
  • Houses have a median rent of $800 while Units have a median rent of $540.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 216 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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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.