285A St Leonards Road St Leonards TAS 7250
For Sale $1,398,000.00
- Property Type House
- Land area approx 20612sqm
- Region Tasmania
- Locality Launceston
- Garages 4
- Toilets 4
- Uncovered Carspaces 50
Development / Investment ! 20,162m2 of Prime Residential Development Land. Large Family Home & Workshop - 3 Phase Power, Awesome Views!
This particular area of Launceston, included in this title, is currently under the "Future Residential Development Project" which is about to go live for public comment in March 2025 by Council Planning. The 5 acres including the home and workshop are already zoned 8 - General residential (Homes, units or Townhouses), with all services to the boundary entrance, which already have a natural fall for sewer and Stormwater to the entrance.
I have added two previous draft plans, which were drawn up for the current owners by Surveyors, to maximise the increasable views from every block, back in 2010, just to give you an idea of their future retirement plan, but they have now decided in retire, go camping and travel.
This could be a great addition to your Super portfolio, a future capital windfall, as suitable building blocks, so close to Launceston CBD are becoming very expensive and hard to come by, you could even rent out the home and workshop as additional income, while you contemplate developing or cash this in at a later date to boost your retirement.
The Home:
Built in 2006, there are four good sized bedrooms upstairs, a large two way bathroom, laundry, separate second toilet and a huge open plan living, dining and kitchen area, adding to this is a ducted vacuum system, a large Panasonic inverter, a freestanding wood heater with a lifetime supply of wood on the property, a huge entertaining deck on one and a half sides with awesome views, plus a 6.5Kw solar system to keep those power bills down. Downstairs via an internal staircase is a second, huge living / entertaining area with multiple storage rooms, a second bathroom with toilet and a separate bedroom, currently used as an office, all with its own external entry, excellent for extended family, kids or friends to stay.
The Shed:
12m x 6m Colourbond garage (built for accommodation during the construction phase of the home), complete with 3 phase power, sisalation, toilet, loads of power points and lights. This would be great addition for a noisy hobbyist or a tradesperson. Outside the shed there is a large hardpan area suitable for trucks and other heavy machinery.
The Land:
Originally designed by the current owners as a future development, the home and shed were built near the entrance allowing maximum land area for future residential development, their plans were for townhouses or villa units at the shed location and homes either side of a road heading up through the centre of this property, but the current owners are now pursuing a camping and traveling lifestyle instead.
The entire 20,162m² or 5.093acre title is all zoned - 8 'General residential' and comes under the Launceston future residential development plan, due to be released in late March - April 2025 with all services located at the entrance on St Leonard's Rd with the added benefit of the fall of the property towards the entrance.
Great options: Investment for your super portfolio, with the home as a rental income. Move straight in, or rent out and develop at a later date, or rent out and develop the land at the same time!
New rental appraisal by Property management, dated the 22/01/25, (just the home and garage) = $650.00 per week.
Call today for further information.
Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate.
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Peter HaworthRoberts Real Estate Launceston