Prime Englobo Development Opportunity - 3.8ha in Hobart Municipality
We have been instructed by the Mortgagee to sell this prime parcel of Hobart land.
An outstanding opportunity awaits the astute developer to secure a substantial 3.8-hectare englobo parcel within the sought-after Hobart municipality.
Positioned adjoining previous stages of the highly regarded Parkwood Gardens subdivision, this site offers immediate development potential with council-approved plans already in place.
In addition, alternative plans are currently before council, presenting a second development pathway that could deliver up to 20 generous allotments ranging in size from approximately 695m² to 1,852m² - catering to strong market demand for quality residential lots.
The sale also includes a signed agreement between TasNetworks and the purchaser for the transfer of Lot 501, forming part of the wayleave easement.
This is a rare opportunity to capitalise on an established and popular residential precinct with planning momentum already underway.
For Sale by Expressions of Interest
Closing Friday 27th March at 4:00pm
