Sorell Gateway Site – One of Tasmania’s Best Landbank Opportunities
Elders Commercial presents a rare opportunity to secure a high-profile 3.212 ha site* at the gateway to Sorell, one of Tasmania’s fastest-growing regions. With significant frontage to Main Road, a major arterial route forming part of the Tasman Highway, the site enjoys strong passing traffic and exceptional exposure.
Partly zoned "Light Industrial" and partly "General Residential", the property offers flexibility for various commercial, industrial and residential uses**. A solid holding income provides immediate returns, while the large undeveloped portion presents options for staged development or long-term land banking in this tightly held and rapidly growing locality.
Key Investment Highlights;
• Substantial and level 3.212 ha site* with a significant 82m* frontage to Main Road (Tasman Highway).
• Flexible "Light Industrial" and "General Residential" zoning allows for a variety of commercial, industrial and residential uses**.
• Rare opportunity to secure a large, strategically located site in a rapidly developing region.
• Multiple development options – undertake a staged approach or masterplan for future large-scale development.
• Strong demand for services in Sorell, supported by population growth and recent arterial road upgrades.
• Significant holding income from multiple tenants
Please contact Richard Steedman or George Burbury to discuss further or to arrange an inspection.
*Approximate **STCA ***Before owner outgoings
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