33 Dubs & Co Drive, SORELL, TAS 7172

Knight Frank is pleased to offer for sale a significant land holding in the commercial precinct of Sorell at 33 Dubs & Co. Drive.

The flat lying, rectangular shaped block neighbours the recently developed Discovery Early Learning Centre Childcare and is permit approved for a mixed-use, multi-level commercial building. The approved DA comprises a 3-level pavilion (two storey + basement) to provide office space (657 m2), retail and hire (672 m2), storage (1,165 m2) and food services (511 m2).

The general business zoning is flexible suiting various alternative and discretionary uses including, but not limited to professional services, education, food, retail, storage, emergency service (STCA).

Investors and developers should be aware of the hive of commercial activity occurring and planned for the area. Specifically:

1) Sorell Council recently received $1.5 million in funding to support the building of a jobs hub

2) New cultural precinct planned to be built opposite 33 Dubs & Co.

3) Emergency Services hub nearing completion

4) Current Commonwealth Expression of Interest advertising a requirement for 450 - 500 sqm of high-quality office space on a 7 - 10 year lease.

33 Dubs provides an opportunity to execute the approved permit or seek alternative uses and thus should be considered by all astute developers and builders.

The property is for sale via expressions of interest closing Thursday 8 December at 4pm (AEDT).

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