Sandy Bay

6 Kingsley Avenue

House
$1,195,000 +
4
3

2 incomes – around $95k projected 26/27, $83k acheived 25/26!

By private inspection.

This is an outstanding opportunity to secure an income generating machine. The top part of the house has been run as an air bnb since 2021. The bonus is the property comes with a currently air bnb licence where from 1 July 2026, a licence can cost upwards of $5,000 to acquire which is not guaranteed and subject to council approval. Please contact Tony Dion for the air bnb link.

The property has 3 bedrooms upstairs and 2 bathrooms with amazing water views with 2025/26 generating approximately $63,000 in bookings, with donwstairs currently rented privately under market rate at $400 per weem month to month. The 2026/27 upstairs income projection is approximately $75,000 and with the current private rental, this property would look to generate $95,000 during this period.

With all the above said, you may choose to live in the wonderful home and have the bonus separate access downstairs area that you could accommodate a family member or just keep renting that section of the house out while living upstairs. Or, if you travel a lot, keep the downstairs section for yourself and generate income upstairs….lots of options!

About Sandy Bay
Sandy Bay’s median house price is currently $1,300,000 and is well regarded as one of Tasmania’s most premiere suburbs with easy access to Hobart’s CBD and world-famous Salamanca, it is home to Nutgrove and Long Beach, Wrest Point Casino and great local shopping, trendy cafes and excellent schools.

About Hobart
Tasmania’s infrastructure pipeline over the next decade exceeds $30 billion, providing long-term economic confidence and employment stability. Major projects include a $500m restaurant and entertainment precinct at Berriedale, $700m in newly announced health funding, the newly announced $150m Cadburys ‘Chocolate Experience at Cadbury’ and the Macquarie Point $1b+ multi-purpose roofed stadium—set to become the most significant infrastructure project in southern Tasmania’s history.

Tasmania achieved 100% renewable electricity generation in 2020, powered by hydro, wind, and solar energy and is home to the world’s largest battery-electric ship manufacturer located in Hobart—reflecting the state’s strong environmental focus.

The information contained herein has been supplied to us and, while believed to be accurate, cannot be guaranteed. All interested parties should undertake their own enquiries to verify the information provided. The vendor reserves the right to accept offers prior to the advertised open home times.

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Property Information

Year Built
1987
Land Area
703 sqm approx
Floor Area
174 sqm approx

Features

Exterior
Brick