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

217 Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 506m2
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Property Details for 217 Sandy Bay Rd, Sandy Bay

Building Type
Commercial
Land Size
506m2
Local Government
Hobart
Lot/Plan
1/216774

Last Listing description (November 2022)

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.

Property History for 217 Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,500,000
01 Apr 2014
Listed for Rent
$2.88k/w
10 Nov 2022
  • 29 Jul 2022
    Listed for Rent - Price not available
  • 15 Jan 2019
    Listed for Rent - Price not available
  • 12 Oct 2018
    Listed for Rent - Price not available
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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, 247 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.