Issue 44 | The Property Development Review

Property Listings – TAS

THE PROPERTY DEVELOPMENT REVIEW

ROSETTA 20 Officer Street

DEVELOPMENT OPPORTUNITY IN THRIVING PRECINCT Devine Property is pleased to present to the market a unique parcel of vacant residential land in the Northern Hobart suburbs. The subject property comprises a primarily downward sloping land parcel of some 2.606Ha in size, located in an older established and affluent suburban locality. Surrounding development primarily comprises detached freestanding homes of more modern construction types with extensive panoramic viewpoints available to many homes considering the overall elevated and sought-after position of the locality. The property shares panoramic river views over the Derwent River and across to the ever popular Mona Museum.

Residential land in the Northern Hobart suburbs

2.606Ha vacant development opportunity

Zoned ‘General Residential’

Enquire Nawwar Alshawi George Wilkinson

FOR SALE Expressions of Interest Closing 2 Aug 2023

0427 770 770 0439 173 049

p 03 6238 4800 e info@devineproperty.com.au

119 Harrington Street Hobart TAS 7000

devineproperty.com.au

Property Listings – ACT

burgessrawson.com.au

Brand New Childcare Investment Plus DA Approved Development Site Taylor (Canberra) ACT 90 Corkery Crescent + Strategic 4,505sqm* development site (Vacant land 2,118sqm* plus Childcare 2,387sqm*) Childcare Investment: + Long 20 year net lease to 2043 plus two 10 year options to 2063 to Taylor ELC + Minimum 4% annual rent increases + State-of-the-art two level 110 place facility + Taylor ELC: established operator with 15+ centres + Substantial depreciation benefits plus stamp duty claimable + Net Income: $462,000 pa* + GST Development Site: + Rare DA approved site – approved for 32 units + Canberra’s population is set to swell by almost 10,000 people in the upcoming financial year + Last new land release up until at least 2028 + Prime location 450m* from Margaret Hendry School

CHILDCARE CENTRE

RESIDENTIAL UNITS

For Sale by EOI Closing Tuesday 8 August 2023

Tristan Cotchett 0432 642 315 Michael Vanstone 0403 580 528

James Baker 0421 863 040

*Outline/Boundaries Indicative Only *Artist Impression of Fully Developed Site

*Approx

July / August 2023 – 95

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