139 Sandy Bay RoadSandy Bay TAS 7005
Property Details for 139 Sandy Bay Rd, Sandy Bay
Last Listing description (April 2012)
''Doctor Syntax'' Hotel
First licensed in 1846 the Doctor Syntax has stood the test of time and presents a rare opportunity to secure one of Hobart's land mark properties situated in the heart of Sandy Bay and a wonderful asset for the portfolio.
The hotel has been in family ownership for the last 23 years and is being offered with a 5 year lease to a well known licensee.
Upstairs comprises a further 5 bedsit rooms, office, terrace roof & Managers apartment.
A marvellous opportunity to acquire a 'Sandy Bay' freehold on a substantial allotment with scope for income & yield growth or further development subject to Statutory Approval & leasehold arrangements.
For Sale now by Immediate Offer or at Auction February 17th 11.00am On Site
Contact Joe McDevitt 0419 122 257 or Tony Cowley 0408 140 972 for a Property Report, Lease details or to arrange an inspection.
Property History for 139 Sandy Bay Rd, Sandy Bay, TAS 7005
- 30 Apr 2012Sold for $440,000
- 01 Dec 2011Listed for Sale SALE BY IMMEDIATE OFFER
- 18 Jul 2010Listed for Sale FREEHOLD OR LEASEHOLD
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0About Sandy Bay 7005
The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23.0% of 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 5,854 properties. Over the last 5 years, Houses in Sandy Bay have seen a 18.77% increase in median value, while Units have seen a 20.40% increase. As at 31 December 2025:
- The median value for Houses in Sandy Bay is $1,304,733 while the median value for Units is $691,289.
- Houses have a median rent of $623 while Units have a median rent of $500.
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