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73 Greenbanks Road Bridgewater, TAS 7030

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73 Greenbanks Road
Bridgewater, TAS 7030

Development Sites & Land • Warehouse, Factory & Industrial • Showrooms & Bulky Goods
Sold Price

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Land area

2.04ha (5.03 acres)

Zoning

Industrial land

Tenure type

Vacant Possession

Sold on

30 Nov 2018

Large Brighton Industrial Estate Subdivision

2.035 hectares (approx) of prime industrial land available now in the high demand Brighton Transport Hub industrial estate. Direct road and rail links from this site with the major Tasmanian transport and associated companies based on the estate.

Current planning approval in place with the Brighton Council for 9 lots ranging in size from 1200 sqm to 3935 sqm (approx). All under-ground services including water, sewerage, power and light poles are in place with the roadway formed leaving only the roadway, curb and guttering to complete to satisfy final council approvals. All the hard work has been done. You may want to use the whole area for your own business. The very realistic asking price allows for a substantial return on investment to the savvy investor once the individual lots are sold. Contact the agent for further information and to arrange for inspections.

Historical overview of the Brighton Transport Hub for investors information:
"The $71 million hub began operations in 2014 to serve road rail freight and passenger traffic and the $164 million bypass was opened in November 2012."

Tasmania's land freight movement is expected to double by 2022. Future projections for the Bridgewater and Brighton highway indicate a 79% increase in heavy vehicle traffic and 45% for passenger traffic by 2030. Traffic growth along the highway north of Brighton is projected to be relatively high at 67% for heavy vehicles and 34% for passenger vehicles according to Department of Infrastructure, Energy and Resources (DIER).

The Brighton Transport Hub is an Intermodal Transport Hub located in the Hobart suburb of Brighton. Proposed with the release of the Southern Transport Investment Program in 2007, the $79 million facility was constructed to replace an inner city, outdated and undersized Intermodal terminal - The Hobart Railyards. The inland port was constructed in conjunction with the nearby Brighton Bypass from 2011. The Bridgewater Industrial Estate was chosen as the preferred site of the inland port because of its close proximity with the Midland Highway and the southern railway line of the state. The transport hub allows freight to be easily transferred between road and rail transport and enable efficient movement of freight between Tasmania's southern and northern ports and has the added benefit of 250,000 fewer vehicle movements per year passing through the inner city. The Department of Infrastructure, Energy and Resources first assessed the need for a southern transport hub ten years ago, but it was not until 2007 when the Southern Transport Investment Program was released that an official plan took shape.

Therefore, in addition to the Brighton project, the Tasmanian government has also secured a $78 million commitment from the federal government and is investing $44 million to maintain Tasmania's rail freight services. As part of the Southern Tasmania National Transport Network Investment Program, a new Bridgewater bridge and the Mangalore-Bagdad Bypass is proposed in the second five-year phase of the project with an estimated $200 million investment.

Project Overview: The Brighton Transport Hub represents the single, biggest change to the freight transport sector for many years. The project was initiated by the Tasmanian government in 2007 and through DIER, the intermodal transport hub was constructed. Following the establishment of Tas Rail in December 2009, Tas Rail worked with DIER to identify, understand and assess the potential implications and opportunities of the hub. This included the business case to support Tas Rail taking on the role of hub operator and ultimate manager of the facility, with responsibility for both the hardstand and warehouse zones. In December 2012, Tas Rail announced that it had signed national transport company Toll, as its anchor tenant at the hub. Toll subsequently invested $20 million in new facilities at the hub, paving the way for the relocation of rail operations from Macquarie Point in Hobart to the Brighton Transport Hub in June 2014.

Project objectives:
1. Set a new standard for intermodal freight terminals
2. Enable Tas Rail to play a leading role in the provision of freight logistics for both road and rail and road
3. Provide a focal point for the consolidation and deconsolidation of freight
4. Reduce transit times between Hobart and Northern ports

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property ID: 502598574Last Updated: 30 Nov 2018

0418 *** ***
73 Greenbanks Road
Bridgewater, TAS 7030

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Fall Real Estate - North Hobart

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Fall Real Estate - North Hobart

370 Elizabeth Street
HOBART, TAS 7000
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Peter Clark
Fall Real Estate - North Hobart
73 Greenbanks Road Bridgewater, TAS 7030

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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