Situated in Launceston’s northern industrial precinct of Rocherlea, 131–139 Lilydale Road presents a rare opportunity to secure a significant englobo landholding with immense development potential.
Spanning approximately 2 hectares with over 250 metres of prominent street frontage, the property benefits from its position on the eastbound arterial route out of the city, just 9 kilometres from the Launceston CBD and only 3 kilometres from the East Tamar Highway. This level site is zoned 18.0 Light Industrial and is fully serviced, making it well-suited for a range of future uses.
The site features approximately 550 square metres of existing warehouse infrastructure, including 3-phase power, a 4.2-metre roller door clearance, and internal heights exceeding 5 metres. With a current site coverage of just 3.47%, the land offers exceptional capacity for expansion or staged development.
The property also generates holding income from existing occupants, offering flexibility for investors and developers seeking to manage risk while planning further improvements.
An approved Development Application is already in place for a 41-tenancy light industrial complex, providing a valuable head start for those looking to activate the site immediately.
Whether for owner occupation, subdivision, staged development, or landbanking, this property delivers a compelling mix of scale, location, and versatility in one of Launceston’s most accessible industrial corridors.
- 9km from Launceston CBD, 3km from East Tamar Highway
- Fronting arterial road
- 3 phase power, 4.2m door clearance and 5m+ ceiling clearance in main warehouse
- Existing DA held for 41 tenancy light industrial park
- Multiple established access points
To learn more about this property, contact Ben or Andy at Howell Property Group.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.
Remember to mention you found this property on DevelopmentReady
Close
