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62 Lot Residential Subdivision

35 Loongana Avenue, BURNIE TAS, 7320

For Sale

Property for Sale in 35 Loongana Avenue, BURNIE TAS, 7320

Knight Frank Tasmania - Launceston

54 Cameron Street, Launceston, TAS 7250

Listing ID:
11366215
Status:
Under-offer
For:
Sale
Price:
Price Reduction- Asking Price $900,000
Last Updated:
30/06/2020
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Property Type

Land/Development
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Land Area

94910 SQM
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Floor Area

N/A
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Parking

N/A

62 Lot Residential Subdivision

Mortgagee in Possession

Situated in Shorewell Park, this parcel of land has approval for a 54 lot subdivision in 3 Stages and an 8 lot subdivision.

The Residential markets for both Land Sales and House Sales continues to strengthen with recent REIT data indicating strong growth in median sale price for both dwellings and land. Sales volumes of houses increase by 37% for the year in the Burnie market.

The property is well located and gently undulating with surrounding properties forming new residential dwellings as part of earlier stages of the development.

Civil works have commenced on Stage 1 which is for 16 Lots. Overall the lots range in size from 370 sqm* to 1,500 sqm*.

The land contains an area of 9.491* Hectares, zoned “General Residential” and is subject to Planning Approval No SD 2017/1272 and SD 2019/1296.

This gently undulating parcel of land, with 4 street access points, is ready for the astute developer to capitalise on the approvals and civil works already in place.

For Sale $900,000.

*Approx

For more details, please email agent

Knight Frank Tasmania - Launceston

54 Cameron Street, Launceston, TAS 7250


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