Landmark Waterfront Estate - Commercial or Residential conversion

RWC Tasmania has been appointed to sell 'Newland', a historically rich estate, ideally positioned within one of Sandy Bay's most tightly held enclaves. Surrounded by quality residential homes and commercial amenities, the property provides a rare combination of accessibility, convenience and long-term prestige. The property has undeniable potential; either back to a high-calibre residence, or capitalise on the commercial versatility and reposition the extensive existing infrastructure.

Key property highlights include:

+ Significant 1,518 sqm* block in a tightly held waterfront position
+ Grand 600+ sqm* early 20th-century building* with immense character
+ Extensive onsite parking for up to 13* vehicles, a rarity for the area
+ Previously utilised as medical/consulting rooms, with significant value in the existing infrastructure
+ Lift access providing full DDA-compliant accessibility across levels
+ Unrivalled location with direct access to Sandy Bay Beach
+ Gross income: $62,199 + GST from two commercial tenants, providing fantastic holding income
+ Pizza Tenancy on a brand new 5 + 5 year lease, providing an edge against the market
+ Benefited by 95 sqm* detached studio at the rear, ideal for sub-letting, ancillary dwelling or commercial expansion^

A landmark holding of scale, character and flexibility, 7 Beach Road represents a rare opportunity within one of Sandy Bay's tightly held precincts. The property offers immediate income with longer-term potential for repositioning or residential conversion^.

*Approximately
^STCA

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