ENVIABLE LUXURY

From its clifftop location, the views from Hamptons on the Bay are only matched by its gorgeous main residence.

JARRAD BEVAN

A PROPERTY hunter would need to search far and wide to find a coastal home that compares with Hamptons on the Bay.

The name says it all, really. This is luxe living at its finest.

This gorgeous, fully updated Rocky Hills property is perched in an unforgettable position with uninterrupted water views stretching on forever.

It is a 12-minute drive south of Swansea or 117km to Hobart.

And while the main residence is truly a treat, the property has plenty more to offer: a group of seven cabins and an original, large cottage brimming with potential.

Knight Frank property consultant Nina Schubert said this luxurious clifftop property had hit the market running and had been especially popular one a specific type of buyer: Tasmanians.

That’s not to say an interstate purchaser won’t be the eventual buyer, but in the campaign’s early stages, locals have led the way.

Ms Schubert said the freehold and business had attracted a diverse inquiry group. “We have had some retirees that would love to live in the beautifully renovated main residence. It would make a gorgeous home,” she said.

“They would use the cabins to produce a bit of income.

“Then we have had some savvy younger couples that might run Hamptons on the Bay more aggressively, I suppose. They might use the residence for accommodation and then invest in updating the property’s five-plus bedroom caretakers cottage, which was the original home on the property.

“Currently it provides an office space for the business, however, there is plenty of scope to renovate it and add further value and accommodation potential.”

While the property has only been on the market for days rather than weeks, Ms Schubert said potential buyers were quickly putting their best foot forward.

“There are multiple interested parties, one that has put an offer in already — and the majority of them are locals,” she said.

“The price, $2.75 million, is showing really good value to potential buyers.”

At a time, this property was known as the home of Kabuki by the Sea, a Japanese restaurant with an exquisite reputation.

Ms Schubert said there had been interest