Substantial parcels of land that are ready to be developed are a rare commodity in this current market, and LJ Hooker Pinnacle Property are excited to present 166A ABBOTSFIELD ROAD – a prime allotment close to local Claremont amenities and only 15km from Hobart CBD.

Sitting on 14.5 acres (approx), this large parcel of land zoned ‘general residential’ is waiting for the savvy investor to create their own piece of REAL ESTATE HISTORY.

In addition to the attractive zoning, the current owners have already started the development process with current D.A plans in place and approved for a 50-lot subdivision, inclusive of 9 dual dwelling lots.

Tucked away in a private and tranquil pocket of Claremont and completely untouched, this is an amazing chance for the clever developer to purchase in a desirable, picturesque serene pocket of our fantastic city!

The ever-expanding municipality of Claremont has seen growth of 16.9% in the last 12 months with no indication of slowing down. Securing this prime parcel of real estate in such a sought after area, with the D.A approval already in place, is an opportunity that will not readily present itself again.

This future residential estate is sure to enhance the bustling suburb of Claremont, and will be extremely popular amongst the vast array of buyers wishing to settle in the area.

The Tasmanian Government initiative is offering rebates of up to $10,000 per lot are available to developers to help cover the cost of power, water and sewerage infrastructure. This comprises $5,000 each for power infrastructure, and water and sewerage infrastructure. Rebates can be claimed for a maximum of 40 lots per developer.
Sale will be a taxable supply and we will be using the margin Scheme for GST purposes.