94 Queen Street, Sandy Bay TAS 7005

1920s character | walk-to-everything Sandy Bay | renovated kitchen and bath | north-facing private courtyard This property occupies a strong position in Sandy Bay’s tightly held terrace-style stock. The 1920s federation features-high ceilings, polished floors, open fireplace-are genuinely retained and not stripped out, which gives the house a rare authenticity in a market that often sees character compromised. The renovated kitchen and bathroom mean a buyer avoids immediate capital outlay, while the north-facing rear courtyard and separate outbuilding with laundry and second toilet add practical liveability. This house suits a professional couple or downsizer wanting a lock-and-leave base within walking distance to Hobart city, UTAS, and the waterfront; it is less suited to a family needing multiple living zones or off-street parking. The main risk is the land size-249sqm with a 117sqm footprint limits future extension potential and may deter buyers seeking a larger yard. The Domain valuation mid-point at $890k sits below the asking range, suggesting the seller’s expectation may be aspirational relative to recent comparable sales. However, the rental yield of roughly 3.9% is solid for inner-city character stock, and the absence of flood, bushfire, or heritage overlay removes costly compliance surprises. For a buyer, the opportunity is to secure a renovated period home in a premium walkable pocket without paying a premium for land you won’t use. Hold this as a long-term city-fringe residence or a low-maintenance rental with reliable tenant demand.