Former grand estate of jam maker hits the market
One of the most historical, significant, and versatile waterfront properties on Hobart’s premier coastal strip has officially hit the market.
Set only metres from Nutgrove Beach and the walking tracks lining the River Derwent, Mr Stephens said properties of this scale, history, and foreshore position were incredibly rare.
“To have a landmark estate like 'Newland' come to market right opposite Nutgrove Beach is a once-in-a-generation event for Sandy Bay,” he said.
“Because it features an existing DA-approved lift and parking, it is a turnkey, capital-efficient solution for a medical or allied health occupier.
“However, given the utter scarcity of homes in this premium position, it would equally reward a buyer with the vision to restore 'Newland' back into a stately, world-class family residence.
“The flexibility here, backed by immediate commercial holding income, makes it an unmissable opportunity.”