Derwent living: What $4.2m+ buys on Hobart’s premium waterfront

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No.2/724 Sandy Bay Rd, Sandy Bay. Picture: Supplied


The moment you swing open the front door of this Sandy Bay home, the River Derwent demands your attention.

Wide, blue water views stretch as far as the eye can see, and it’s almost impossible to look away.

“Isn’t it just so beautiful? The sound of the gently lapping waves of the river is incredible,” Peterswald agent Phoebe Nothling said.

Working alongside colleague Harry Coomer, the duo describe the three-bedroom home as nothing short of “stunning”, and it’s easy to understand why.

Designed by 1+2 Architecture and constructed by Delpero & Clements Builders in 2020, this riverside residence represents a rare opportunity in one of Sandy Bay’s most tightly held waterfront positions.

“There are only so many opportunities to live right by the River Derwent in Sandy Bay,” Mrs Nothling said.

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No.2/724 Sandy Bay Rd, Sandy Bay.


No.2/724 Sandy Bay Rd, Sandy Bay.


No.2/724 Sandy Bay Rd, Sandy Bay.


Set on 901sq m with a title to the high-water mark, the property offers something exceptional: direct beach access via a staircase that meanders from the house to the water’s edge.

It’s the kind of feature that transforms daily life into something more akin to a permanent holiday.

Step back inside and the home’s intelligent design reveals itself through an open-plan living and dining domain where the boundary between inside and out dissolves.

“One of the many features that makes this property remarkable is the generous open-plan living zone, where glass walls slide back to bring the river inward. It’s almost like being on a yacht, but from your private, luxurious living room,” Mrs Nothling said.

The effect is intoxicating. Natural light floods the interior spaces, which are oriented to capture panoramic outlooks from every room except the laundry.

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No.2/724 Sandy Bay Rd, Sandy Bay.


No.2/724 Sandy Bay Rd, Sandy Bay.


The spacious kitchen serves as a central gathering space, where expansive Dekton benchtops and tailored cabinetry are complemented by a generous butler’s pantry — a statement in considered design that unites form and function.

“There is endless activity on the water, which our vendor loves. It is always moving and changing, but also like a piece of art on the wall,” Mrs Nothling said.

And the property’s magic isn’t limited to sunny summer days.

“A position like this is gorgeous all year round, be it beautiful and sunny or moody and magical when a storm rolls in,” she said.

The home’s three-bedroom and a study configuration offers flexibility.

The upper-level primary bedroom suite has been designed as a retreat complete with a walk-in wardrobe and a spacious luxury ensuite that captures water views. It’s privately positioned for maximum seclusion.

No.2/724 Sandy Bay Rd, Sandy Bay.


No.2/724 Sandy Bay Rd, Sandy Bay.


Downstairs, two additional bedrooms enjoy abundant natural light and river vistas.

The larger room opens directly onto the lower deck and includes a sink cabinet, offering potential as an artist’s studio, guest retreat or substantial third bedroom.

Mrs Nothling sees broad appeal for the property: “It could be purchased by a retiree, someone coming to Tasmania from the big smoke, or people that have lived interstate but are ready to return to Hobart,” she said.

“As a couple, you could live on one level — almost like an apartment — then have guests come to stay downstairs.

“Or, it could equally suit a family with teenagers in the lower level spaces.”

She envisions the next owner as someone ready to embrace the waterfront lifestyle.

“I imagine whoever lives here next would want to take advantage of having the river at their doorstep. You could easily jump on a kayak, or a paddle board,” she said.

No.2/724 Sandy Bay Rd, Sandy Bay.


No.2/724 Sandy Bay Rd, Sandy Bay.


Despite being just 13 minutes’ drive from the city, the property offers regular wildlife encounters. Quolls, echidnas and wallabies have been sighted on the property, adding to the sense of living within a rich coastal environment.

“The owners told us they’ve even had fairy penguins come and visit, plus the dolphins and sometimes whales in the river — it is special,” Mrs Nothling said.

The home’s outdoor living spaces are elevated by premium Modinex Tractio decking, complemented by a spotted gum feature entrance.

The landscaped grounds are fully irrigated via an automatic watering system, with both rainwater storage and mains access.

No.2/724 Sandy Bay Rd, Sandy Bay.


No.2/724 Sandy Bay Rd, Sandy Bay.


A substantial undercroft provides extensive storage, while an outdoor shower offers convenience after beach activities.

Two spacious wine cabinets in the downstairs hallway add further luxury.

Perhaps saving the best for last, the downstairs bathroom includes an indulgent bathtub positioned beneath a window with striking water views.

Private, secure and impeccably maintained, this exceptional residence presents absolute waterfront living where architectural design meets clever functionality in one of Sandy Bay’s most sought-after locations.

The property will be sold by expressions of interest over $4.2m.

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