Occupying a prime position in Margate, this substantial 2,476sqm (approx.) north-facing block presents a rare dual-purpose opportunity-perfectly suited to developers, investors, land bankers, or homebuyers seeking space, character, and long-term upside.
Capturing all-day sun along with attractive rural and mountain views, the property offers both immediate liveability and significant future potential. Subject to Council Approval, the land provides excellent scope for subdivision or further value-add, making it a highly versatile holding in a growing, high-demand location.
At the centre of the property sits a four bedroom, one newly renovated bathroom home which has been in the family for generations. The original home was built in 1946 and contains original features whilst further additions were undertaken over the years to accommodate the growing family. Presented in fantastic condition, the home provides practical, comfortable layout suited to families, downsizers, or tenants-ideal for generating income while future plans are considered.
Surrounded by expansive grounds, the property offers space, flexibility and ample room for gardens, recreation, or future improvements.
Combining scale, favourable orientation, established infrastructure, and development potential (STCA), this is a standout opportunity to secure a well-positioned parcel with multiple pathways for growth.
Conveniently located just minutes from Margate's shops, schools, cafés, Dru Point Bicentennial Park, with easy access to Kingston and Hobart, the property offers both lifestyle appeal and strategic investment value.
A rare offering that blends charm, space, and future potential-ready to be enjoyed today or developed for tomorrow.
** We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
