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251-259 Alanvale Road, Newnham, TAS 7248, 12 Bedrooms, 6 Bathrooms, House

Asking Price

251-259 Alanvale Road, Newnham, TAS 7248

12
6
10
122m2
687965m2
HouseListed on Wed Sep 4
luxury

Newnham 12 Bedroom Lucrative Subdivision Opportunity with Income Generating Assets

Fairlands Estate, a potential subdivision adjacent to the picturesque Tamar River.

The proposed Fairlands Estate gives scope to provide housing for over 250 families and is in a high-demand area with limited available land to develop. This proposed subdivision presents a prime opportunity for residential development with a range of lot sizes. The estate also offers potential for prime parklands with two lakes, all wonderfully contained within the proposed subdivision.

Residents of Fairlands Estate will enjoy easy access to Launceston CBD, The University of Tasmania, The Australian Maritime College, TASTAFE and a myriad of local schools, shops, restaurants and other amenities. Well connected to Launceston and George Town via the East Tamar Highway. The Estate will also retain its rural setting looking out over the Tamar River, rolling hills to the West, and the Launceston City scape. Gentle elevations provide sun-drenched views to compliment the surrounding landscape. The project is poised to align seamlessly with council sentiments on development in the North.

The property also includes three residential dwellings, a studio currently operating as an Airbnb, and 170 acres of pasture land. These homes and land provide a steady income stream to help offset holding costs during the development planning and civil works.

In a world where housing is more essential than ever, this property isn't just an opportunity, it's a legacy that has served generations before, and as times change, it will continue to evolve, paving the way for the future.

For more information, please contact us today.

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Mowbray Heights Primary School
3.09 km
Primary
K-6
Government
icsea: 918

Property history

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For developers

lot1
plan152629
zoneCode20
primaryZoneDescriptionRURAL
URLhttps://www.planningreform.tas.gov.au/

Newnham surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
110 Mount Stuart Drive, Newnham
0.63 km
4
2
-m2
Year 2024 Month 11 Day 05
-
Council approved
182 Alanvale Road, Newnham
0.66 km
3
1
-m2
Year 2024 Month 10 Day 30
-
Council approved
5 Belmont Court, Newnham
0.65 km
4
2
190m2
Year 2024 Month 10 Day 10
-
Council approved
4/26-28 Camira Street, Newnham
0.55 km
2
1
-m2
Year 2024 Month 09 Day 30
-
Council approved
20 Carillion Court, Newnham
0.55 km
4
2
229m2
Year 2024 Month 08 Day 18
$620,000
Council approved

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Ref:L28481051Last update:2024-09-05 05:31:08