6 Montgomery Court, Sandy Bay TAS 7005

6 Montgomery Court, Sandy Bay TAS 7005
Architect-designed dual residences | River Derwent panoramas | Original 1990 Art Deco | Pool and rental flexibility This property’s configuration as two distinct homes on a single title is its primary competitive strength, offering rare versatility for extended family living or dual rental income streams within a tightly held Sandy Bay locale. The architect pedigree, original condition, and panoramic views cement its position as a unique, character-filled holding, best suited to a buyer valuing space and flexibility over modern finishes. Decision hinges on the cost of comprehensive modernisation against the income from the secondary residence. The commercial logic is clear: the separate dwelling offsets holding costs while the primary residence undergoes restoration. This is a long-term lifestyle purchase with an inherent income buffer; proceed only with a renovation budget secured and view it as a decade-long hold to realise its potential.

Market Insight:

Sandy Bay is Tasmania’s premier affluent suburb, with demand driven by professionals and families drawn to its prestige and proximity to Hobart’s amenities and quality schools. The housing market demonstrates resilience with solid sales activity, though recent trends show mixed performance with unit prices under pressure. Future growth is anchored by its established desirability and low vacancy rates, yet high price points constrain affordability and the market remains sensitive to broader economic conditions.

PropCred Estimated Value

Bedrooms

7

Bathroom

5

Parking

4

Land

690m²

Built

Recent Assessments