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28 Nicholas Drive, Sandy Bay$800,000
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28 Nicholas Drive

Sandy Bay, TAS 7005, Australia
$800,000
759 m²

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About this property

Perfectly positioned within one of Sandy Bay's most tightly held hillside enclaves, this exceptional allotment presents a rare opportunity to create a bespoke residence in one of Hobart's most desirable locations. Capturing breathtaking panoramic views across Sandy Bay, the Derwent River and beyond to the Hobart waterfront, CBD, Tasman Bridge and surrounding suburbs, the elevated position provides a spectacular backdrop that is equally impressive by day and night. Whether you're envisioning a luxurious architectural home or a contemporary family residence (STCA), this is a blank canvas ready to bring your vision to life. Situated amongst some of Sandy Bay's finest homes, the allotment enjoys an enviable balance of privacy and convenience. Just minutes from Long Beach, Lower Sandy Bay Village, prestigious schools, the University of Tasmania and Hobart's CBD, you'll enjoy a lifestyle where every convenience is within easy reach while still feeling peacefully removed from the everyday. Opportunities to secure vacant land of this calibre and outlook in Sandy Bay are increasingly scarce. With a generous 759m² parcel and an exceptional elevated position, this is your chance to design and build a home that fully embraces the remarkable setting and uninterrupted outlook. Adding even greater potential, the adjoining allotment is also available for purchase through Peterswald, presenting a unique opportunity to secure one or both sites and create an exceptional holding in one of Sandy Bay's most sought-after locations.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
759 m²
Listed
6 days ago

Repayment calculator

$3,878/month
$1,939 /fortnight
Loan $640,000 at 6.10% over 30 years

Upfront costs

Deposit$160,000
Stamp duty$31,185
Conveyancing (est.)$2,000
Total upfront$193,185
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Sandy Bay

This land in Sandy Bay, TAS 7005 sits within reach of public transport, local shops and nearby schools. It is listed 27% below the $1.10m median of 65 comparable landswithin 5 km.

Schools near Sandy Bay

  • Fahan Schoolcombined · Prep-12 · Girls
  • Mount Carmel Collegecombined · Prep-10 · Girls
  • The Hutchins Schoolcombined · Prep-12 · Boys
  • Princes Street Primary Schoolprimary · K-6 · CoEd
  • Sandy Bay Infant Schoolprimary · K-2 · CoEd
  • Waimea Heights Primary Schoolprimary · K-6 · CoEd

What's nearby

  • Nelson Rd past Quorn St (bus)2.5 km away
  • Derwent Boat Sales2.9 km away
  • Unnamed2.7 km away
  • Unnamed2.7 km away
  • Unnamed2.7 km away

Sandy Bay at a glance

Full suburb profile
Population
12,315
Median age
39
Household income
$1,915/wk
Median rent
$418/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Sandy Bay price trend

Median sold · House 3 bed

Compound growth -6.5% / yr over 4 yrs

$1.10mcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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