6 Meadowbank Road

Newnham TAS 7248

1861 m²

Land

Currently for sale - view listing

Overview

RARE OPPORTUNITY of large block of land to build 4 double-storey units!

If you are exploring the opportunity to develop multiple dwellings. This land lot is perfect and profitable for you! All essential amenities are nearby including UTAS, other top-ranked schools, main shopping strip on Invermay Rd, clinics, etc. Also, you'll relish breathtaking views of the picturesque Mowbray Golf Course just stone-throw away next to your residence. This block of land is at size of 1,861 sqm and comes with council approved development plan to build 4 modern double-storey units with great views of golf course. The floorplans of these 4 units all come at the size over 200 sqm per each with 4 bedroom 3 bathroom and double garage, which will be very popular on the market especially after COVID pandemic that people can have more spaces working from home comfortably. The location is just 10 mins' drive from Launceston CBD and Newnham has been ranking as top suburb that buyers are looking for. Now the neighbour house in same size is for sale at $700,000 on the market, which means profitable potential for this development land. *Council approved plans of 4 units on the lot *Great location in the central area of Newnham *With picturesque views of the golf course next to the lot *All amenities are nearby *Return on the development will be above 20% Don't miss out this great opportunity to build your dream house or do the development for profit! Feel free to contact the agent to have further discussion: Ashley Shen 0451189066