Ideally situated on the doorstep to Salamanca, this magnificent circa 1915 double-brick residence offers a rare opportunity to secure a piece of history in one of Hobart's most coveted locations. North-facing to capture all-day sun, this distinguished home has been expertly divided into two self-contained, separately metered apartments, presenting a versatile investment with active airbnb permits already in place for both. Flexibility abounds here and buyer suitability extends to; retirees, CBD/Waterfront workers, intergenerational living, large families and passive income earners.
Each apartment exudes classic early 20th century charm with soaring ceilings, original picture rails, stunning stained glass windows, and decorative fireplaces. The living spaces are generous, light filled and highlighted by polished hardwood floor boards, with reverse cycle heating and cooling available for your ultimate convenience. Two large bedrooms on each level include built-in robes and plush woollen carpets.
The heart of the downstairs level is a brand new renovated kitchen, a masterpiece of contemporary design featuring sleek stone bench-tops, integrated appliances, stylish large-format floor tiles, and a signature farmhouse sink. The master bathroom has also been elegantly updated with floor-to-ceiling tiles, timeless brass tapware, and a luxurious walk-in shower, all soothed in notes of timber and pastel.
The upper level apartment mirrors this footprint, offering an equally impressive living experience, contrasted by a standout kitchen design that features a massive stone island bench - the ultimate hub for casual dining and entertaining. The upstairs bathroom is equally stunning, finished with exquisite Italian textured tiles and sleek walk-in shower, all warmed by luxurious under floor heating. Step through to the stunning rear entertaining deck, an ideal setting for summer weekend bbqs or a chic rooftop cocktail party, whilst a handy sunroom at the front of the apartment makes for a stunningly warm office or studio.
The property further benefits from a secure, convenient storeroom and workshop at the rear, with low maintenance gardens and a large fruiting olive tree screening the entrance for further privacy
This location is truly second to none, placing you within effortless walking distance of the Hobart CBD, vibrant waterfront, world-famous Salamanca precinct, and the site of the upcoming Macquarie Point Stadium. The Urban Mixed use zoning provides additional flexibility for future development. Battery Point is Tasmania's most prestigious suburb, famous for its convict origins, and now flourishing with world class cafes, pubs, restaurants and impeccably preserved colonial architecture.
Whether you are seeking a high-performing investment, a unique solution for multi-generational living, or the chance to live in one luxury apartment while generating passive income from the other, 29 Sandy Bay Road delivers a lifestyle of unparalleled convenience and timeless elegance that is simply unmatched.
• circa 1915, double brick, twin apartments
• beautifully renovated kitchens and bathrooms
• stained glass, high ceilings, picture rails, polished boards
• ultimate flexibility, airbnb permits, urban mixed use
• 5 minute walk into CBD, Salamanca, waterfront precinct
Council Rates: $4,400 (Approx p.a.)
Water Rates: $1,000 (Approx p.a.)
Zoning: Urban Mixed Use
Rental appraisal (short stay): $250 - $300 (Per night, per apartment)
Rental appraisal (long stay): $650 - $680 (Per week, per apartment)
Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.
Added 11 June, 2026
Property ID: #L41075594
