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2/47 Orana Place

Riverside TAS 7250

7058 m²
Land
Currently for sale - view listing

Overview

Council Approved 11-Unit Subdivision Site

Elders Launceston has the exclusive opportunity to offer for sale this appealing parcel of residential land, prime to be developed for a high-density residential unit development. The property currently comprises two titles, an existing unit on a 692 sqm parcel of land and a vacant lot of some 7,058 sqm containing 11 approved unit sites (PA2024357). The property is situated on the top side of Orana Place in Riverside and benefits from elevated views overlooking the Tamar River and surrounds. Presenting an opportunity to purchase in-one-line or each strata title separately, don't miss your opportunity to secure this in-fill development site in a blue-chip residential location. An additional point of distinction is the unique opportunity to also purchase the neighboring property... a highquality investment property in one of Riverside's most soughtafter locations, this fully renovated and elevated brick home offers immediate income with a secure lease in place until June 2027 at $510 per week.

Features

7058 m² lot size
Land

Happy sellers in Riverside

91%
91% of sellers in Riverside reported that their sale price either exceeded or met their price expectations.

Riverside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 56 reviews in Riverside over the last 12 months.

Local market activity for land plots in Riverside

In the last 12 months, 9 land plots similar to 2/47 Orana Place, have been sold.

This represents a 28% decrease in land plots sales when compared to the previous 12 months.

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