When was the last time a 1,000sqm+ flat block with Local Business zoning came up in the heart of the CBD? This is the last of its kind.
This exceptional opportunity presents a myriad of development opportunities for the savvy investor - develop as retail, cafe, professional office spaces, visitor accommodation or potential residential development (STCA).
* Large parcel of 1084sqm vacant land directly fronting Franklin Street (Tasman Highway)
* Zoned 'Local Business' under the Glamorgan-Spring Bay Interim Planning Scheme 2015
• Located within the town's main street and business hub
• Ocean and mountain views from a potential second storey build
• Metres to picturesque Oyster Bay, Jubilee Beach and Swansea Jetty
* Side driveway fencing - Power and water connected
Think vertically perhaps?. A second story turns a vacant block into a high yield tourism asset with potential of awesome views.
or options to consider:
Retail/Hospitality: A boutique cafe, artisanal bakery, or cellar door. The property’s footprint is massive for a town center, allowing for ample outdoor seating or customer parking.
Professional Suites: Medical consulting, legal, or creative agency offices. With Swansea’s growing population (up 20% in 10 years), local services are in high demand.
Visitor Accommodation: STCA allows for multi-unit short-stay accommodation. A two story build can capture ocean and mountain views, significantly increasing nightly rates potentially.
Mixed-Use "Live/Work": A ground-floor commercial space with a luxury penthouse apartment above.
Swansea is a historic, quiet seaside town on Tasmania’s East Coast, located about 90 minutes from Hobart or Launceston. Situated on Great Oyster Bay, it offers stunning views of the Freycinet Peninsula, renowned local seafood and cool-climate wineries. Known for its colonial heritage, it serves as a popular relaxing holiday destination with several beaches and close access to Freycinet National Park.
The Glamorgan Spring Bay municipality is changing, with a population increase of nearly 20% over the last 10 years.
With the population projected to grow another 16% by 2046, (sourced council website) you aren't just buying land, you're land banking a future commercial hub. Local Tasmanians and investors out of the state continue to discover the East Coasts beauty and a destination for holidaying, residing and investing
Annual Rates: Approx. $1400p/a
eProperty&Co has no reason to doubt the accuracy of the information in this document, which has been sourced from means considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their investigations.
