Enjoying one of the key corner sites on the major Sandy Bay Road / King Street intersection this investment satisfies the most important of investment criteria locations. A long held asset this is a rare opportunity to acquire a strategic property in Hobart's prestige Sandy Bay retail strip. Occupied by National fashion retailer Fella Hamilton as well as first floor and signage rental this is a pain free investment.
- Site area 119sqm
- Net Rental income of $101,752.00 approximately
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 5,850 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:
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