Sandy Bay's most “significant waterfront property” offered in a decade listed

Jennifer DukeDecember 7, 2020

A French Chateau style residence located in Sandy Bay and on the most elevated block is being offered for sale, with the listing calling it the most significant waterfront property for sale in the Hobart market for a decade.

532 Sandy Bay Road, Sandy Bay is a three-bedroom, three-bathroom home that shows itself off well in the listing photos, showing bay-style windows, a decorative staircase and classic design elements.

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At three storeys, it’s a significantly sized property and Property Observer notes that it is asking somewhere in the vicinity of $3 million. It has views of the water to Battery Point and the City as far as Nutgrove Beach.

Level One – Large entry foyer, four interconnected living zones (formal lounge, dining, eat-in kitchen and media room), water, garden and courtyard views.

Level Two – Three double bedrooms, two marble bathrooms (including private master ensuite).

Level Three – Gym/rumpus room with own bathroom and sauna.

All levels are connected by lifts, and have double glazing, a monitored security system and air conditioning.

The master bedroom has a his/hers walk in wardrobe and 270 degree water views.

The gardens are designed by Paul Bangay, and include a walled courtyard. There is also a double garage, large portico, pencil pines and wrought iron electrically operated gates.

The site is 1,100 square metres, and is owned by Carl John Rooke, managing partner of Horwath Tasmania and shareholder advisor of Hazell Bros Group.

Steve Yannarakis from Knight Frank Hobart said that the owner is downsizing to Battery Point, and that there has been local and international interest on the home.

RP Data notes that the home last transacted in 1998 for $675,000.

The luxurious Sandy Bay area has a median sale price of $580,000 with the median for houses over $750,000 sitting at $915,000.

jduke@propertyobserver.com.au

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

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