Set in a sunny, elevated and private position, this great property on over 4000m2 offers an excellent opportunity to secure an ideal investment in one of the fastest growing communities in Tasmania. Located within the residential boundary of Port Sorell it provides a variety of development options. On one side of the land is a very well maintained 3 bedroom brick home that is currently leased for $320 per week providing an immediate return. The coastal community of Port Sorell and Shearwater is one of the best performing rental areas in Tasmania with very high occupancy rates and strong rental returns.
The land surrounding the house is zoned as closed residential offering an ideal opportunity for the astute developer to add value with the option for multiple unit development on the second half of the land STCA. Ideally located within a short walk to Port Sorell Primary School, golf course and Shearwater shopping centre, inspection is a must to fully appreciate all that this property has to offer.