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The new vendor has given specific directions to sell this incredible development opportunity now.
With extended settlement terms negotiable, this opportunity is too good to pass up.
- Development approved for 76 new dwellings across 4ha of Gen Res zoned land
- 8 stage strata development
- Existing 4 bedroom home on 13.1ha of landscape conservation zoned land
- Telstra Tower lease (Lease sale offers waiting for the purchaser at $170k-$200k)
The existing four bedroom dwelling is currently being tenanted at $2000 per month and also comes with the addition of a Telstra Tower lease of $11,500 per annum. The home appraisal sits at approximately $950,000.
13.1ha - Zoned landscape conservation gives the Incredible opportunity to add significant value to the purchaser with permitted uses (STCA) under the Tasmanian Planning Scheme including; Short-stay accommodation (or visitor accommodation) and Tourist operations, small-scale food service (cafes/restaurants). Just 5km from MONA, this elevated, level large space has the potential for a significant tourism operation.
Full development information can be provided by request.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.62 km | 5 | 3 | 298m2 | Year 2025 Month 01 Day 16 | $910,000 | Council approved | |
 | 0.76 km | 2 | 1 | 84m2 | Year 2024 Month 12 Day 16 | $465,000 | Council approved | |
 | 0.73 km | 2 | 1 | 74m2 | Year 2024 Month 10 Day 27 | $400,000 | Council approved | |
 | 0.94 km | 3 | 1 | 105m2 | Year 2024 Month 09 Day 26 | - | Council approved | |
 | 0.99 km | 2 | 1 | 86m2 | Year 2024 Month 08 Day 23 | $430,000 | Council approved |