Presenting a rare and lucrative development opportunity at 13 & 13A Lambert Avenue, Sandy Bay. This substantial landholding, comprising approximately 1,540 m² across two titles, is primed for a high-density residential project.
• Strategic Location: Situated in the prestigious suburb of Sandy Bay, this property offers proximity to the University of Tasmania, elite private schools, parks, and the vibrant Sandy Bay shopping precinct.
• Development Potential: According to a 2022 ERA report, the site can support the construction of 6 or more dwellings, subject to council approval. (Available upon request)
A charming 3-bedroom, 1-bathroom weathered board home nestled in the sought-after suburb of Sandy Bay. Built in 1935, this residence sits on a generous parcel of flat land. This property has huge potential for renovation or alternatively development (subject to council approval) .
The property offers all day sun situated on the right hand side of Lambert Avenue, providing a perfect blend of indoor and outdoor living, featuring a warm light-filled sunroom facing north and a covered outdoor space that's ideal for gardening or simply unwinding in a tranquil, leafy setting. The kitchen offers great flexibility for future design, featuring a concealed walk-in pantry that enhances storage capacity while preserving space and flow within the main kitchen area.
There is a generously sized shed on the property that offers plenty of room for storage, making it ideal for keeping tools, equipment, or seasonal items. In addition, the shed includes a separate section that's perfectly suited for use as a workshop , this space provides both functionality and privacy.
Lambert Avenue is arguably one of the most beautiful streets within Sandy Bay having an exquisite tree canopy overlooking the wide accessible streets that provide ample parking.
Behind the back of the property is situated the Lower Queensborough oval and the Sandy Bay Citizens club with direct access from the back fence to the oval. A short stroll including across the road is the Royal Hobart Yacht Club, Derwent Sailing Squadron and Wrest Point Casino. There are multiple dog recreational areas located nearby including the Lambert Rivulet in Bicentennial Park.
Expression of interest offers exceeding $1.8 Million
Closing 28th May 2025 closing 4pm.
The vendors reserves the right to accept offers prior to the closing date.
Property ID: #L33168321
