13-15 Gregory StreetSandy Bay TAS 7005
Property Details for 13-15 Gregory St, Sandy Bay
Last Listing description (September 2026)
RWC Tasmania presents 13-15 Gregory Street, Sandy Bay, a rare dual building freehold commercial asset positioned within the highly regarded Sandy Bay commercial precinct. Combining flexible lease tails and underpinned by a strong net holding income, the property presents an outstanding opportunity for investors and future owner-occupiers seeking long-term upside in a premium location.
Key Property Highlights
+ High-profile position with flexible 'general business' zoning
+ Immediate net passing income of $96,059 p.a.* + GST, with the tenants responsible for all statutory outgoings and building insurance
+ 10 dedicated rear off-street car parks delivering exceptional access
+ Strategic opportunity to owner-occupy one building while collecting rent on the other, rental growth from existing tenants or subdivide^
+ Staggered lease expiries across 15 Gregory (Aug 2026) and 13 Gregory (Dec 2026) with options.
For more information or to arrange a private inspection, please contact the exclusive marketing agents.
Property History for 13-15 Gregory St, Sandy Bay, TAS 7005
- 16 Sep 2026Sold
- 04 Aug 2026Listed for Sale EOI closing Thursday, 3rd September at 4pm (AEST)
- 05 Jul 2016Listed for Rent $43,000 / year
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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 5,865 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.
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