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Sorell, 56-62 Forcett Street

Rare piece of water front land ripe for development

Contact agent for sold price

Sold
Sold
Listing Number: THS23384
About this listing

SOLD - This listing was sold in May 2019.

Expressions of Interest closing date 15th May 2019 12:00pm.

This unique parcel of land offers the ideal opportunity for a savvy developer who has experience in the development landscape to tap into this site. With the land being level and centrally located to the Sorell Township, 20 minutes to Hobart CBD, 10 minutes to Hobart international airport, makes for a very appealing prospect.

The site in on 5 hectares and is set on the stunning Pittwater lagoon providing a mixture of waterfront allotments mixed with potential internal sites.

The Sorell municipality is a thriving satellite community which is the gateway to the east coast and peninsular, this it is overflowing with services including Coles, Woolworths, hotels, cafes, restaurants, doctors, pharmacies , medical services, ambulance services, schools, local government services and two shopping precincts. All the requirements needed to support a growing community.

Additionally, the vendor is open to a combination and open discussion of a joint venter project in the retirement space, optional vendor finance and or collaboration with the right developer.

Forcett street site has residential development potential to provide the community with a subdivision that could incorporate the following.
- 55 to 58 smaller allotments at 400 m2 to 450 m2, which could frame a development model that south East Queensland developers have adopted to generate condo style town houses or smaller houses for time poor families that don't require large land sites, empty nesters and or over 55 living.
- 42 larger blocks at 700 m2 to 750 m2 that target families and older couples that are wanting to live closer to services, community and family members in the city . These could be mature couples coming of farms, east coast properties and or acreage wanting to downsize but still requiring some space for sheds, caravans, space for children and pets.
- A combination of the above with a mixed development of smaller allotments and larger allotments that provide buying alternatives for a mixed community.
- A gated over 55 living environment targeting downsizers and mature buyers reaching out to live in a community style development.

Note all of this is positioned on potentially 18 water front parcels

Inquire directly to Phil King to start a conversation.
Property Information
  • Land Size: 3.92 Ha
  • Property Type: Land

Contact Details

Harcourts Hobart

32-34 Sandy Bay Rd
Hobart
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