This prime Development site of 3430m2 comes complete with fully approved Development Plans for 9 units and is located in a highly sought after area of Hobart's Eastern shore just 10 minutes from the airport or the city with Rosny Park business district, Eastlands shopping Centre and Blundstone Arena also nearby.
This development could well be part of the answer to Hobart's housing crisis with the DA in place, high demand for quality units and limited supply, several new unit developments have already sold quickly off the plan prior to completion.
With Hobart currently topping the nation with unprecedented growth in both property prices and rental yields this development will no doubt attract national in international interest and prove very successful for an astute investor.
These properties may also be eligible for some of the recently announced Government Housing initiatives such as the 3 year land tax holiday and the $13,000 private rental incentive per unit.
Further information and complete sets of plans will be provided on request.