Sandy Bay apartment with water view is our most popular home – realestate.com.au

News Corp Australia Network

No.2/25 Nile Ave, Sandy Bay. Picture: Supplied

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A FUNKY ‘60s apartment in Sandy Bay with a brilliant view of the beach?

Yes, please. Where do we sign?

Over the past week, No.2/25 Nile Ave, Sandy Bay has been Tasmania’s most viewed property on realestate.com.au and EIS Property managing director David Gunning said the buzz was not limited to the internet.

“It has been incredibly popular,” Mr Gunning said.

“It feels like a boom-period property with the level of inquiry we have received.”

No.2/25 Nile Avenue, Sandy Bay.

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No.2/25 Nile Avenue, Sandy Bay.

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They say the three most important factors when buying a home are location, location, and location. And here in Nile Ave, it would be tough to argue that the location is anything but superb.

Mr Gunning said it was among the first things that have caught the eye of potential buyers.

“Definitely the location and the postcard view of the beach,” he said.

“Sandy Bay has always been a solid investment, providing good capital growth over the long term.”

In its first time on the market since 1968, apartment No.2 offers a magnificent outlook, with uninterrupted views over Long Beach and the River Derwent. It is a prime spot to sit back and enjoy the action on the water.

No.2/25 Nile Avenue, Sandy Bay.

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No.2/25 Nile Avenue, Sandy Bay.

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The next owner will be able to watch the yachts from their lounge room, or from the little outdoor balcony, as they fly to the finish line of the Sydney to Hobart Yacht Race.

The home offers two bedrooms and a single bathroom in a private complex of nine homes.

The kitchen and bathroom are neat but would benefit from an upgrade.

A separate storage area is available for locking away bikes and other items.

There is an undercover parking allocation, plus ample parking available on the street.

The position is set at the end of a quiet street, next to parklands.

The apartment is within walking distance to the local IGA supermarket, chemist, bottle shop, restaurants, cafes, school, Wrest Point Casino and Long Beach.

The body corporate fee is due in early 2024.

No.2/25 Nile Avenue, Sandy Bay.

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No.2/25 Nile Avenue, Sandy Bay.

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Apartment No.2 has not been on the market in decades. Mr Gunning said it has been owner-occupied by an older gentleman.

No.2/25 Nile Ave, Sandy Bay was listed at “Offers over $640,000”. It has now sold for an undisclosed price.

PropTrack home values index: See how house prices changed in April.