Site, 209-215 Harrington Street Hobart, TAS 7000
For Sale by Expressions of Interest
Ready, Set, Build - DA Approved Site
- Prime Hobart Inner City Development Site
- DA for 39 apartments + 2 Commercials
- Good holding income
All of the hard work has been done with the property being sold with a brand new DA for a four level building comprising 39 residential apartments (9 x 1 bedrooms, 27 x 2 bedrooms and 3 x 3 bedrooms), plus 2 ground floor commercial units and 38 secure car parks.
The property is situated on a prime inner city corner site on the north western fringe of Hobart's CBD and within close proximity to the University of Tasmania's precinct. The property is also within easy walking distance to North Hobart's popular restaurant and cafe strip.
The site has an area of approximately 1,705 sqm and is zoned "Commercial".
The property benefits from good holding income from on-site car parking.
Opportunity not to be missed as Hobart continues to transition into a more vibrant modern city benefiting from advancing structural change. Demand for Hobart's inner city residential accommodation only going to grow stronger as the University of Tasmania relocates from its Sandy Bay Campus into the city.
The property is offered for sale by Expressions of Interest closing Thursday, 5 September 2019.
Property ID: 503289886Last Updated: 15 Aug 2019