Unique development opportunity with permit
This is an outstanding opportunity to purchase a tightly held property, held for over four decades (currently on one title with land area approx. 4,882m2, plus the bonus of a 1,667m2 balance lot) with an established home rented for another few months ($500 per week).
There is a planning permit in place that could set you up for life with the rear of the property allowing for up to 5 more lots! With a preliminary concept to develop up to six generous residential separate blocks (includes the current home) ranging from 753m2 – 888m2, most of the preliminary work has been done with the main driveway and retaining wall recently completed in readiness for development.
The current home:
Nestled in the peaceful hills of Abbotsfield Road, the original three-bedroom home offers a warm and welcoming atmosphere, perfect for families or those seeking a quiet lifestyle just outside the city. Stepping inside, you will find generously sized rooms with classic features that add charm and character to the space. The home comprises three well-proportioned bedrooms, a central bathroom with separate shower and bath, and a convenient standalone laundry. The heart of the home includes a spacious living area that flows through to both front and rear outdoor entertaining zones, ideal for relaxing with family or hosting guests. A large, secure backyard provides plenty of space for children or pets to enjoy, and there is also a garden shed for added storage.
Next steps:
The current owner has completed all the leg work with several reports available to assist the new owner in bringing out the true value of this property for generations to come. Run with the current plans, or look to make your own……live in the current home, and progress this development opportunity over time….the opportunities are endless and there is no shortage of value creation here which standard blocks typically do not offer to this magnitude. Let us discuss your plans and objectives. This could also be the perfect SMSF investment!
For more information and contract of sale: please contact Tony Dion on 0404646846.
About Claremont
The location is sensational, within 20 minutes of the vibrant Hobart City; close to schools; medical services; a few minutes’ drive to MONA and My State Bank Arena; close to Claremont Village with supermarkets and all essential services, cafes, boutique bakeries and restaurants – all with free parking; a short drive to award winning wineries and the Derwent Valley (including Stefano Lubiano Wines); walking tracks; parks and the local golf course! There is also easy access to upgraded highways providing for quick journeys into surrounding hubs including Glenorchy, Moonah, and New Norfolk.
About Hobart
Tasmania’s infrastructure pipeline over the next 10 years will surpass $30 billion, providing the workforce with certainty for years to come, and currently benefiting from Australia’s lowest unemployment rate. The latest Tasmanian 10-year Infrastructure Pipeline shows a steady stream of work – ensuring continued economic growth, plus many other high value projects committed too including the $500m restaurant and entertainment precinct at nearby Berriedale alongside My State Arena and the Macquarie Point approx. $1b multi-purpose roofed stadium which is likely to be the highest value Tasmanian infrastructure project in history.
Tasmania is known for its pro-environmental stance, and in 2020 achieved 100% renewable energy status thanks to a combination of hydroelectricity, wind, and solar energy sources.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information. The vendor reserves the right to accept offers prior to the advertised open home times.