Set in one of Midway Point's most sought-after waterside locations, 32 Lake Vue Parade presents an exceptional development-ready opportunity across two titles totalling 0.1375 hectares. Boasting stunning, uninterrupted water views that cannot be built out, this is a premium site offering enduring value and broad market appeal.
Preliminary concept plans indicate potential for two or three well-positioned units (STCA), making this an ideal project for boutique developers or astute investors seeking a high-quality end product. An existing two-bedroom dwelling and shed provide immediate holding income or personal use while planning approvals are progressed, helping to reduce holding costs and maximise flexibility.
Surrounded by quality homes and positioned just minutes from Hobart CBD, Hobart Airport, and major amenities, this property combines location, aspect, and development upside-a rare and increasingly scarce combination in the Midway Point market.
With strong demand for waterside living and limited future supply, this is a standout opportunity to secure, develop, or landbank in one of the area's most tightly held precincts.
Key Features:
Two titles with combined land area of 0.1375 hectares
Uninterrupted, protected water views
Development potential for 2-3 units (STCA)
Existing 2-bedroom dwelling + shed
Holding income while planning approvals are obtained
Sought-after waterside location close to Hobart & airport
**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.
