8 Evelyn Cres, Sandy Bay is a 2 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 906m2 and floor size of 307m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
This super-sized investment is nestled in the tranquil Evelyn Crescent in Sandy Bay. It is the ultimate blue chip set and forget investment pearl, conveniently situated a short walk to the University and conveniently located just minutes to the Hobart CBD.
This impressive dwelling is comprised of two extremely spacious one bedroom units and a spacious utility and basement area spanning over three levels. The best part each unit is securely let, generating an enviable $560.00 per week between them ($285.00 for the upstairs unit and $275.00 for downstairs). You could live in one and rent the other, making this a unique investment opportunity that will fast capture the attention of astute investors.
Each unit boasts extensive space and a remarkable floorplan. There is an open plan lounge and dining in what could never be described as your average sized unit the lounge is spacious, with plenty of room to set up your home entertainment in comfort adjacent to the dining room, again with plenty of room to set up and enjoy the company of guests. There is ample bench space and cupboards in the kitchen, with all of the modern facilities to cook up a storm without feeling constrained.
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 5,858 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:
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