Knight Frank is pleased to present to the market for lease this recognisable corner establishment, 217 Sandy Bay Road, Sandy Bay.
Once home to popular 'The Metz Bar on the Bay', this is an opportunity to lease one of Hobart's most iconic hospitality venues. The existing configuration features a bar/lounge, indoor dining, undercover and alfresco dining, existing kitchen facilities, coolroom, upstairs office, plus the added benefit of on-site car parking, providing easy access for patrons
Located in the heart of one of Tasmania's most affluent catchments, Sandy Bay, it occupies a superb corner location with the best exposure possible to busy Sandy Bay Road. The opportunity is surrounded by successful hospitality venues including The Mayfair, Sisterhood, Suminato, Me Wah, Bento, and Solo Pasta and Pizza.
The timing is favourable to introduce a market-leading hospitality business to this venue and this opportunity should be considered by all experienced operators.
For further information or to arrange an inspection please contact Claude Alcorso or George Burbury.
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:
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