160B Springfield Avenue West Moonah TAS 7009

Knight Frank is pleased to offer for sale this premium DA approved, townhouse development site, situated in the booming suburb of West Moonah.

The property is located on the southern side of Springfield Avenue, west of Lenah Valley and is conveniently positioned minutes from Moonah's bustling retail and restaurant precinct, and within close proximity to a number of schools, reserves and parks.

The site is just over 7,700 sqm and is approved for 12 large residential dwellings, ready for an astute developer to capitalise on Hobart's nation leading residential property market.

The development can be done in three stages, minimising required developer equity. Furthermore, under the current density requirements of the Tasmanian Planning Scheme Glenorchy, the site provides the opportunity for greater density (STCA).

With greater Hobart's current under supply of residential dwellings and the growth rate of the Northern suburbs there has never been a better time to secure a large parcel of general residential zoned land.

For Sale by Expressions of Interest closing 21 July 2022 at 4:00pm AEST