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2A Derwentwater Avenue

Sandy Bay, TAS 7005, Australia
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5 bed 2 bath 4 car272m²

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About this property

Set in one of Sandy Bay's most prestigious pockets, just metres from the iconic Wrest Point Casino and pristine beach, this exclusive address offers a rare opportunity to secure a half-completed architectural masterpiece, with a lot of the hard work already done and the builder in place to complete. This is your chance to bring to life a grand four-bedroom, two-bathroom luxury residence with expansive water views and unrivalled potential. With the structure well underway, the project is ready for an astute buyer with vision and the capacity to complete an exceptional home. The Vision: -Architectural plans already approved -Set over two impressive levels with generous living spaces and entertaining areas -Floor-to-ceiling glazing to capture panoramic views of the River Derwent -Multiple outdoor terraces and landscaped grounds -Internal lift provision, double garage, and premium finishes throughout Why This Is a Standout Opportunity: -Estimated $400,000 to complete construction -Completed value estimated between $2.1 - $2.3 million in today's market -Secure a blue-chip position at below-finished market value -Build to your taste, style, and specifications -Prime location near Salamanca, Hobart CBD and elite schools This is a rare find for developers, builders, or high-end owner-occupiers looking to craft a statement home in a dream location. Concept renders and detailed plans are available upon request. Offered to market at Offers Over $1.6 million, this is the chance to own one of Sandy Bay's most exciting and prestigious projects - before it's complete.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $4,606/month
    $2,303 /fortnight
    Loan $760,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$190,000
    Stamp duty$37,935
    Conveyancing (est.)$2,000
    Total upfront$229,935
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    2
    Parking
    4
    Land Area
    272m²
    Listed
    2 months ago

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