57 Elizabeth Street,
George Town, TAS 7253

Elders Commercial is pleased to present a substantial residential development opportunity in one of Northern Tasmania’s riverfront precincts. Spanning an expansive 22,690sqm* and zoned General Residential, the property benefits from an approved development application for a 29-lot subdivision, significantly reducing planning risk and allowing developers to move forward with confidence.

The property is for sale via Expression of Interest closing 24 February 2026.

Key property highlights include:

- The property comprises a substantial landholding of approximately 22,690 sqm*.
- Approved development application for a 29-lot subdivision, enabling an incoming purchaser to progress with confidence while reducing planning timeframes and associated risk.
- The land enjoys an elevated position, capturing outlooks toward the Tamar River and enhancing the future appeal and value of residential allotments.
- Located just a short walk from the Tamar River foreshore, the site benefits from proximity to walking trails, open space and lifestyle amenities that are increasingly sought after by owner occupiers and investors alike.
- George Town continues to experience strong demand for residential housing.
- Large, approved residential development sites of this nature are rarely offered to the market.

Please contact Fletcher Seymour or Rodney Rawlings for more information.