55 Red Chapel Ave, Sandy Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 603m2 and floor size of 233m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Boasting stunning views, a fabulous location, and impressive flexibility 55 Red Chapel Avenue is a unique property that offers scope, diversity, and loads of space. Currently utilised as a successful Airbnb the property offers up to 5 bedrooms and a study in the main house together with a fully self-contained separate 1-bedroom unit. A very enticing opportunity for buyers looking for a large family home with the advantage of extra separate accommodation for an extended family or a home and an income generation option.
From the elevated position the panoramic vistas across the Derwent River to the Hobart CBD and across the Eastern Shore is an ever-changing view that no one would tire of admiring. Open plan, spacious, and contemporary the living, dining, and kitchen enjoy plentiful sunlight and space for the whole family to enjoy. The kitchen has custom cabinetry, ample workspace, and granite benchtops with quality stainless steel appliances. Sliding doors from the living area lead to the tiled deck perfect for alfresco dining and entertaining.
There are four bedrooms on the upper level all with built-in robes and two central bathrooms one complete with a bathtub. There are two bedrooms that have the flexibility to be additional living spaces or formal lounge/dining areas. The lower level has another generous bedroom with a study/office adjacent and a large storage room (home theatre option) and a double garage.
The self-contained one-bedroom unit is a great extension for extended family and is very separate from the main house providing the ideal income generator.
The grounds are fully landscaped and low maintenance. There is a private, undercover entertainment patio at the back of the property with a louver roof and secure grounds for the children and furry friends to enjoy. Recently installed 9.8kw solar panels and gas hot water provide great cost savings.
Red Chapel Avenue is a much-loved address in the sought-after suburb of Sandy Bay offering a beachside lifestyle all within 5kms to the Hobart CBD. Great schools, shops, and recreational facilities are close at hand with the Sandy Bay shopping hub and a host of amenities but a short commute away. The property will be appealing to a wide range of purchasers looking for a home with great flexibility and ample accommodation or investors looking to add to the portfolio with dual income potential.
Council rates approx $4195pa
Water rates approx $1200pa + usage
Rental appraisal house $880 - $910pw
Rental appraisal 1 bed unit $320 - $340pw
*The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
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 5,859 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:
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