If ever a coastal property was to qualify as a ‘Land Bank’ it would be this gently sloping 3 acres of 40 Gordon Street, close to the waterfront in the bustling township of Swansea – nestled in the graceful curvature of Great Oyster Bay on Tasmania’s iconic Freycinet Coast.

Commenced by the vendors 10 years ago, the 19 lot initial concept has progressed to the completion of a substantial and stylish 26 Sq brick residence and the recent subdivision and sale of approximately 2 acres of the original 6 acre holding.

Excluding the standing residence – up to 12 generous titles remain to be developed STCA from the present lapsed design with all but 2 blocks proposed to exceed 1,000M2 in area.

The vendor now is inviting offers for this prominent residence on approximately 3 acres of land including a 9 x 8M Colorbond workshop with water and power connected and will entertain a further negotiation for the balance of approximately 1 acre fronting Gordon St, should that also appeal.

The aerial photography accompanying this listing does do the property justice. This truly is a magnificent site but a stone’s throw from a boat ramp, the productive waters of Great Oyster Bay and nearby beaches, golf and bowls clubs and the many restaurants, clubs, shopping and excellent support infrastructure Swansea has to offer residents.

Here is a once in a lifetime opportunity to secure a prestigious modern home in a prime location while also and positioning yourself for future subdivision and development income at a pace to suit you. Why not enjoy the delights of this pristine coastal location within easy reach of the best of Tasmanian viticulture, fine foods and a choice of 3 national parks at your door step, secure in the knowledge your investment is in the land you own, manage and see everyday – far from the uncertainty of the stock market and volatile overseas economies.