Opportunities like this are rare in Lindisfarne. Positioned in one of the suburb's most sought-after pockets, 180 Derwent Avenue offers breathtaking panoramic views stretching down the Derwent River, past the iconic Tasman Bridge, and across to kunanyi/Mt Wellington. The outlook alone makes this property truly special, but the real potential lies in the expansive near 1,500m² block.
The existing home is a solid build, offering a fantastic foundation for those looking to add value. Featuring two well-sized bedrooms, a central bathroom, and a spacious living area, it has great bones for a renovation. The study at the front of the home enjoys plenty of natural light and is currently used as the third bedroom, adding further versatility to the floorplan. On the lower level the home includes a secure single car garage and large underhouse area, which could be utilised for storage, a workshop or converted into a rumpus room. The back yard is truly magnificent, fully fenced with two deck areas and a large secure shed. With some updates and a fresh vision, this home could be transformed into something very special. Recently achieving good rental yield.
The opportunity for subdivision or strata townhouses (STCA) is incredible. The gentle slope of the land offers a chance for any future developments to experience the incredible views from all site options. The recent success of developments in the area showcases the precedent and incredible opportunity this property offers. The location is second to none-tucked west of the village in a quiet, elevated position, yet just a short stroll to Lindisfarne's vibrant cafés, shops, supermarkets, and medical services. Families will love the proximity to excellent schools, and the foreshore track and Natone Hill walking trails right on their doorstep. Plus with the proposed ferry terminal just minutes walk away, offers another commuting option.
Whether you're searching for a development opportunity in a high-demand area, or a dream location to build your forever home this property delivers it all. Secure one of the last remaining land holdings of this size and development potential in Lindisfarne and unlock its full potential today.
*The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
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