Back 20 Pegema Pl
Off Market

20 Pegema Pl

Norwood TAS 7250

155400 m²
Land
Doug MarshallDoug Marshall, last sold this property on 01 May 2026 after 38 days on market.

Overview

Launceston land on a significant scale.

Attractively positioned, poised between Norwood and Relbia on Launceston's southerly fringe, this important land holding of some 15.54 ha (approx.) invites ideas for development or as a lifestyle site if so preferred, STCA. Currently Zoned Rural and presently under Mortgagee in Possession status, this block is to be sold and will be offered by Public Auction on Friday 1st May - 12 midday (Elders Offices - 54 Cameron Street Launceston). A substantial workshop/shed measuring in excess of 500 sqm (approx.) accompanies the land, which represents an exceptional context as a depot site while its potential as a residential development is subject to a rezoning being attained. Construction of a dwelling is a permitted use pursuant to the Zoning. Developers and lifestyle buyers alike will be drawn to these dimensions, where scope to create re-warding outcomes, whether from commercial or personal perspectives, is complemented by this site's easy access to shops, schools, community services and Launceston's city centre. An opportunity that's all about possibility. Contact for further information Auction Friday 1st May, 12 midday - Elders Launceston 54 Cameron Street.

Features

155400 m² lot size
Land

Estimated Value

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

Property history for 20 Pegema Pl

2026
Sold
Undisclosed
Private Sale/Treaty on 01 May 2026 by Doug Marshall, of Elders Launceston
2021
Sold
Undisclosed
Private Sale/Treaty on 14 Sep 2021 by Clint Pease, of Parry Property

Happy sellers in Norwood

93%
93% of sellers in Norwood reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 11 reviews in Norwood over the last 12 months.

Local market activity for land plots in Norwood

In the last 12 months, 2 land plots similar to 20 Pegema Pl, have been sold.

This represents a 25% increase in land plots sales when compared to the previous 12 months.

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