78 Queen Street, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

78 Queen Street
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 131m2
Land area: 343m2
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Property Details for 78 Queen St, Sandy Bay

Building Type
Commercial
Year Built
1914
Floor Size
131m2
Land Size
343m2
Local Government
Hobart
Lot/Plan
1/58099

Last Listing description (December 2016)

This retail or office accommodation, comprising approximately 120 square metres on one level, is located on the northern end of the Sandy Bay retail precinct, adjacent to the corner of Queen Street and Sandy Bay Road.
The tenancy was previously occupied by Frangipani Fabrics who have relocated.
The tenancy comprises two larger open plan areas of approximately 45 square metres and 30 square metres respectively with a small office, storage room, two toilets and rear kitchen.

The property has NBN connected and there is also a heat pump that services the larger of the open plan areas.
An added advantage of this property is the five (5) on site car parks located at the rear of the tenancy.
The tenancy is in good condition and will suit either retail of office accommodation.
The rental is $40,000 per annum plus current approximate rates of $3,792.50 per annum, current approximate land tax of $969.44 per annum, current approximate water and sewerage of $1,507.50 per annum plus power and GST.

Property History for 78 Queen St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$650,000
14 Dec 2016
Listed for Rent
$767/w
20 Dec 2016
  • 14 Dec 2016
    Sold for $650,000
  • 16 Aug 2016
    Listed for Rent $40,000 / year
  • 21 Sep 2011
    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 5,856 properties. Over the last 5 years, Houses in Sandy Bay have seen a 7.64% increase in median value, while Units have seen a 20.48% increase. As at 31 March 2026:

  • The median value for Houses in Sandy Bay is $1,268,405 while the median value for Units is $699,351.
  • Houses have a median rent of $770 while Units have a median rent of $515.
There are currently 14 properties listed for sale, and 15 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 227 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.