Back 1278 Lyell Highway
Off Market

1278 Lyell Highway

Sorell Creek TAS 7140

1.5 ac.
Land
Last sold for $780,000
Steve JurySteve Jury, last sold this property on 03 August 2025 after 615 days on market.

Overview

River and Rural Views

Situated 4km out of New Norfolk on the way to Hobart is this Rural Resource land. Once used as a workshop and showroom this property has potential. Currently having a large 24sqm shed and a separate 14sqm storage shed as well as a huge concrete slab, the property lends itself to most manufacturing pursuits, a rural home or maybe even a development next to the River Derwent. Being so close to services and on a bus route the land gently slopes from the highway into the River Derwent, a tourism venture with paddle boats and restaurant, or a quiet family home with wonderful access to the river this is an opportunity that doesn’t come along too often. The property comprises two waterfront titles within a Rural Resource zone. Given surrounding uses are mainly rural lifestyle it would be likely that a residential dwelling on each title would not be refused. This allows for the potential purchaser to either operate a small business, have a home business and or use the existing sheds. As the new owner you could develop the property and construct a new home on each of the titles. Either way S.T.C.A the potential of this river front land lot is huge.

Features

1.5 ac. lot size
Land

Estimated Value

We need at least 3 similar land plots sold in Sorell Creek over the last 12 months.

Property history for 1278 Lyell Highway

2025
Sold
$780,000
03 Aug 2025 by Steve Jury, of Homelands Property

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