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30a Nicholas Drive, Sandy Bay$1.20m
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30a Nicholas Drive

Sandy Bay, TAS 7005, Australia
$1.20m
1342 m²

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About this property

A rare and remarkable offering, this substantial 1342m2 parcel of residential land occupies an exclusive position within one of Sandy Bay's most tightly held enclaves on magnificent Nicholas Drive. Surrounded by some of Hobart's most beautiful homes, this exceptional allotment presents an extraordinary opportunity to create something truly special. Privately tucked away in a premium position, the site enjoys a northerly aspect and panoramic views stretching across Hobart's CBD, the ever-changing River Derwent across to the Eastern Shore and beyond. The outlook is only rivalled by the site's superb orientation, with abundant northern light and shelter from southerly winds, which is a rare combination for hillside allotments of this calibre. Zoned for residential living and one of the last remaining vacant blocks in this prestigious street, the property comes with approved architectural drawings for a sophisticated, 457m2 dual-occupancy development. The council-approved plans include two generous, single-level residences under one roof, each comprising of open-plan living, dining, and kitchen, three generous bedrooms, two bathrooms, a study, and dedicated parking for three vehicles. Central to the design is a beautifully conceived internal courtyard, delivering seamless indoor-outdoor flow and private al fresco living bathed in all-day sun. Whether proceeding with approved plans or crafting further architectural vision (STCA), the scope to capitalise on this premier position is undeniable. Families, professionals, and investors alike will appreciate the land's proximity to leading schools, UTAS, Sandy Bay shops, numerous beaches, and recreational spaces, all positioned just minutes away, without compromising on tranquillity and seclusion. This is a once-in-a-lifetime opportunity to secure a foothold in Sandy Bay, one of Hobart's most prestigious neighbourhoods. With grand-scale potential and unrivalled views, this is a dream site awaiting a dream build.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1342 m²
Listed
3 months ago

Repayment calculator

$5,818/month
$2,909 /fortnight
Loan $960,000 at 6.10% over 30 years

Upfront costs

Deposit$240,000
Stamp duty$49,185
Conveyancing (est.)$2,000
Total upfront$291,185
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 13% above the $1.06m 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

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