34 Marieville EsplanadeSandy Bay TAS 7005
Property Details for 34 Marieville Esp, Sandy Bay
34 Marieville Esp, Sandy Bay is a 8 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 1937. The property has a land size of 491m2 and floor size of 288m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Last Listing description (May 2018)
Margate Hall is a solidly built, art deco brick residence comprising four spacious apartments. Desirably located on Marieville Esplanade opposite the Royal Yacht Club of Tasmania, one of the apartments is currently successfully let as an Airbnb, with the other three on longer-term leases. With the potential to strata title (STCA), this property is an outstanding investment opportunity.
Each apartment accommodates a generous living room and dining, kitchen, two bedrooms with built-in robes and a central bathroom. There is electric heating, three garages and a courtyard.
With original art deco features including leadlight windows and timber work displayed throughout, this building has immense potential to capitalise on the short-term rental market.
Property History for 34 Marieville Esp, Sandy Bay, TAS 7005
- 27 Apr 2018Sold for $1,980,000
- 11 Apr 2018Listed for Sale Expressions of interest over $1,950,000
- 15 Dec 2012Listed for Rent - Price not available
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0About Sandy Bay 7005
The size of Sandy Bay is approximately 6.9 square kilometres. There are 14 parks, covering nearly 23.0% of the 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 5,858 properties. Over the last 5 years, Houses in Sandy Bay have seen a 6.94% increase in median value, while Units have seen a 10.08% increase. As at 31 May 2026:
- The median value for Houses in Sandy Bay is $1,279,038 while the median value for Units is $690,032.
- Houses have a median rent of $795 while Units have a median rent of $525.
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