43 Russell Road,
Claremont, TAS 7011
Expressions of Interest
Key property information
Map of 43 Russell Road
Bus stops within 5 km of 43 Russell Road, Claremont, TAS 7011 Distance Adelphi Rd (Abbotsfield Park) 828 m Opp.No.138 Box Hill Rd 839 m No.67 Adelphi Rd 845 m No.114a Abbotsfield Rd 845 m No.4 Harbord Rd 879 mPOWERED BY HERE ©
Welcome to 43 Russell Road
The site is zoned both 'General Residential' (4ha Strata development) and 'Landscape Conservation' (13ha Existing 4 bedroom home). Approved for for seventy-six strata title dwellings, comprising of 52 x 3 bed and 24 x 2 bed units with carport or lockup single garage within the General Residential zone.
The existing four bedroom dwelling at 43 Russell Road, Claremont was built in 1965. The private property has been used for private use with horses etc. Sitting on approximately 13.1 ha and zoned landscape conservation with the development application proposing a change to visitor accommodation. Once complete it is suggested the parcel be added to the strata application ie 1/43 Russell Road, Claremont. The dwelling is currently being tenanted at $2000 per month and also comes with the addition of a Telstra Tower lease of $11,500 per annum. The sales appraisal sits at approximately $950,000.
13.1ha - Zoned landscape conservation give the Incredible opportunity to add significant value to the purchaser with permitted uses (STCA) under the Tasmanian Planning Scheme including; Short-stay accommodation (or visitor accommodation) and Tourist operations, small-scale food service (cafes/restaurants). Just 5km from MONA, this elevated, level large space has the potential for a significant tourism operation.
Full development information can be provided by request.
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Property ID: 504425752Last Updated: 4 Jan 2024