With approximately 1122 m2 of development space in a light industrial zone and an existing and lettable house, this is a great development opportunity with very little risk. The existing dwelling will provide an instant return on your investment while you seek to develop the site. And give you as much time as you need to get your approvals from council, your consultant's lined up, and your finance ready. Enquire now for more information.

What is the opportunity? Marine, aquaculture and tourism are the first industries that come to mind. As the site is located opposite Port Huon, not far from the open ocean and in the famous Huon Valley. There are many opportunities to capitalise on the site's location, its proximity to the port and the tens of thousands of tourists which come through the area every year. With potential synergies also existing between a future business and the current business occupying the area, this site is a fantastic opportunity for the right buyer. Enquire now for more information.

The revenue potential for letting the place out on the Short Term Rental Market (E.g. AirBnb) is also huge. In Port-Huon, the Average Daily Rate is currently sitting at $169, the Average Occupancy Rate is sitting at 31% and the Average Monthly Revenue is sitting at $1,252. But one, 2 bed 2 bath apartment made $41,900 last year. So there is a big opportunity to capitalise on this market and earn a great ROI on this site. Enquire now for more information.

According to CBA’s State of the State’s Report, Tasmania has been the strongest economy in the Nation for the last eight quarters. This makes our state an ideal place to invest for local or foreign buyers. The incredible strength of the economy is only supporting the Tourism Sector, and in turn, being supported by it. The interest in Tasmania has been growing for some time now, and in a post-COVID world, it's only going to increase.

This site has no easements, great access and it's ready for development. Enquire now for more information.