Positioned just 15 minutes from the Hobart CBD, this exceptional holding of almost 240 acres presents a rare and strategic land banking and development opportunity, highlighted by its significant Light Industrial zoning. With industrial land in increasingly short supply, the property's scale, accessibility and proximity to major population centres make it an outstanding prospect for developers, owner-occupiers or investors seeking future growth potential (STCA).
The title encompasses a diverse mix of Light Industrial, Rural and Landscape Conservation zonings, offering flexibility across a wide range of potential uses. The key attraction is undoubtedly the substantial Light Industrial component, which is ideally situated near other established businesses reinforcing the area's existing industrial presence and appeal.
Beyond its development potential, the property features a blend of pasture, light bush and native bushland, rising from level ground to approximately 200 metres above sea level. A small dam and natural creeks meander through the landscape, while elevated sections enjoy sweeping views across Hobart's northern suburbs. Adjoining land includes the Mount Direction Conservation Area, Blacksmiths Hill and surrounding rural holdings, creating a unique balance between commercial opportunity and natural beauty.
Power is available along the eastern boundary fronting Grass Tree Hill Road, and formed tracks provide access throughout much of the property by vehicle or on foot. Whether your vision is to develop the Light Industrial precinct, utilise the Rural zoned land, enhance the conservation values of the site, or pursue a combination of these opportunities (STCA), this is a truly unique and substantial landholding on the doorstep of the Eastern Shore with enormous future potential.