44 Princes St, Sandy Bay is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1910. The property has a land size of 396m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Situated in Sandy Bay and walking distance to all major amenities, this classic 1910 weatherboard property offers more then what meets the eye. Offering dual income and potential for further development (STCA) this is an attractive opportunity for an investor willing to roll up their sleeves.
Currently split as three separate units: two, one-bedroom units and a bedsit, with great potential to renovate, add value and collect a strong market return. Originally constructed as a single dwelling, the opportunity is still there to reconvert this amazing property back into a family home with studio (STCA), the options are endless.
Each unit is generously sized featuring; one spacious bedroom, kitchen and living area, along with a well sized bathroom combined laundry space.
There is a communal neat and tidy sunny rear backyard with a shared clothesline. Additionally, this would make the perfect fully fenced yard for the children or family pet to play safely if reconverted to a family sized home.
Located among prestige schools and parks and only a two-minute walk to the iconic Sandy Bay Village and a further six-minute drive to the CBD. If you're looking for that strong return as an investor, then look no further as you have the chance to enjoy this property in a premier location.
For further information or to arrange a private inspection, please contact Rob Henry.
Council Rates: $2,700.00 per annum (approx.)
Water Rates: $1,000.00 per annum (approx.)
Currently rented for a total of $920 per week (approx.)
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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