20 Magnet Court, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
 
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20 Magnet Court
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 130m2
Land area: 81m2
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Property Details for 20 Magnet Ct, Sandy Bay

Building Type
Commercial
Year Built
1961
Floor Size
130m2
Land Size
81m2
Local Government
Hobart
Lot/Plan
12/37045

Last Listing description (February 2025)

RWC Tasmania is pleased to offer for lease 20 Magnet Court, situated in the heart of Sandy Bay's most prominent retail/hospitality precinct.

The tenancy has recently undergone an extensive refurbishment and comprises approximately 45 sqm* of high-quality ground-floor food and beverage space, outdoor seating, upstairs storage, and staff amenities, with seating capacity for 19 patrons. It also benefits from over 7.5* metres of frontage to the busy Magnet Court.

Position your business among leading local and national retailers, including Coles, Woolworths, Chemist Warehouse, Commonwealth Bank, Banjos Bakery, Vermey's Quality Meats, Sisterhood, Me Wah, Anytime Fitness, Sandy Bay Bakery, Terry White Chemist and Daci and Daci.

This is a great opportunity to secure a turn-key hospitality offering in popular Sandy Bay, whether to expand your current business or bring your idea to life for a fraction of the cost of setting up from scratch.

Plant and equipment can be purchased by negotiation.

Call the undersigned for more information today.

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Property History for 20 Magnet Ct, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,450,000
30 Mar 2007
  • 18 Feb 2025
    Listed for Rent - Price not available
  • 30 Mar 2007
    Sold for $1,450,000
  • 01 Apr 2004
    Sold for $265,000
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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, 248 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.

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