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48-52 New Town Road New Town, TAS 7008

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48-52 New Town Road,
New Town, TAS 7008

Offices • Development Sites & Land • Showrooms & Large Format Retail

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Map of 48-52 New Town Road

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For Sale by Tender – Large Development Site Opportunity on New Town Road - 48-52 New Town Road, New Town TAS

  • Large site area of 7,282m 2 (approx)
  • Well located close to the Hobart CBD
  • Suitable for mixed use development STCA
This large and well positioned site of approximately 7,282 m2 presents a great opportunity for the astute property investor or developer. The property provides excellent street frontage and rear street accesses.

The two existing and separate buildings include offices, workshops, storage as well as studio accommodation with approximately 60 parking spaces on site.

Zoned Commercial and Residential Precinct 16B under the Hobart Planning Scheme 1982, a number of potential uses may be possible subject to council approval including re-use, refurbishment or redevelopment of the existing improvements with an approximate total area of 3,400 m2.

The zoning allows for mixed use development which could suit a mix of medium density residential, office and retail/showroom, subject to Council approval.

New Town, 7008 demographic data

The median household income for New Town is $1,596, 4% higher than Greater Hobart's household income of $1,542. New Town has a younger age profile compared to the rest of Greater Hobart (median age 38 vs 39). Property ownership data shows 45% of property owners in New Town have a mortgage.

6,781
Population
$1,596 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
0412 668 1...
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48-52 New Town Road
New Town, TAS 7008
NAI Harcourts Hobart - Hobart
Unit 3, 3 Abernant Way,
CAMBRIDGE, TAS 7170

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