149 Sandy Bay Road, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
 
OFF MARKET

149 Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 1257m2
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Property Details for 149 Sandy Bay Rd, Sandy Bay

Building Type
Commercial
Year Built
2012
Floor Size
230m2
Land Size
1257m2
Local Government
Hobart
Lot/Plan
1/145968

Last Listing description (November 2016)

Brand new 20 year leases to 2036 plus options to 2061.
United Petroleum: The largest independent fuel retailer in Australia.
Tenant responsible for all usual outgoings, structural works, underground repairs and remediation.

Guaranteed rental growth with 3.5% increases annually.
Significant taxation saving depreciation.
Includes convenience store, storefront parking, attached canopy and underground double skin fibreglass tanks.
Strategic location within Sandy Bay Village shopping strip boosting combined frontage of 68 metres.
Sandy Bay: Located immediately south of Hobart CBD and one of Tasmania's most prestigious areas. Home to some of Tasmania's most expensive real estate, University of Tasmania and West Point Casino.
Rent: $220,000 pa.
Auction 11am Wednesday 14 September
Crown Conference Centre, 25 Whiteman St
Southbank Melbourne
This property is offered as part of a Portfolio of 6 United Petrol Investments with the additional 5 in the following locations;
Dee Why NSW
Yagoona NSW
Geelong VIC
Ellenbrook WA
Padbury WA

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Property History for 149 Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$4,370,000
14 Sep 2016
  • 14 Sep 2016
    Sold for $4,370,000
  • 15 Aug 2016
    Listed for Sale Not Disclosed
  • 19 Dec 2005
    Sold for $495,000
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About 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 5,852 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.
There are currently 13 properties listed for sale, and 14 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 244 properties were sold in the past 12 months in Sandy bay.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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