259 Back River Rd

New Norfolk TAS 7140

8.17 ha.

Land

Currently for sale - view listing

Overview

Prime development holding beside tranquil golf club.

Located on the desirable northern side of the historic township of New Norfolk, this substantial 8.17-hectare (20.2ac) development site features gentle topography, with approximately 10m elevation gain across the site, presents a rare and compelling opportunity. Adjoining the lush fairways of the New Norfolk Golf Club, the property is surrounded by established and emerging residential development and is situated approximately 1.5 kilometres from the township's business and shopping precinct. Enjoying close proximity to local amenities and positioned just over 30 minutes from Hobart, this unique parcel of land represents an exceptionally rare development opportunity in a tightly held and growing region. Sharing an extensive 750-metre boundary with the tranquil golf course, the site is also bordered by modern residential development, with surrounding general residential zoning allowing for land sizes from approximately 450m² for dwellings and 325m² for strata units. With appealing future urban zoning, the development potential of this holding is significant (subject to council approval) and a range of options may be considered, including a potential yield of approximately 120 allotments averaging 550m² in size.