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2. Property Highlights

Premium Development Opportunity

Harrison Agents are pleased to offer for sale this premium development opportunity located in the highly sought after suburb of New Town.

Designed by multi-award winning architects Preston Lane, this stunning four townhouse development comes with DA approval and all required documentation for BA submission.

Return on investment will be exceptional as each townhouse has been designed to the highest standard featuring three bedrooms and two bathrooms, under cover parking, open plan living/dining areas with soaring ceilings, kitchens including butlers pantry, north facing balconies, primary suites with ensuite and walk in robe and up to an incredible 7.7 star energy rating ensuring low running costs and comfort all year round.

With Location on par with design, the property is just 5km from the Hobart CBD and, minutes from the North Hobart dining precinct and State Theatre. An abundance of local amenities are within comfortable walking distance including, New Town Station Nursery and cafe, New Town Plaza with 24 Hour Kmart and Coles, Dan Murphy's, high quality schools and public transport. The property is also a 5 minute walk to the proposed New Town light rail station.

The existing two bedroom home is currently being rented at $495pw with the tenancy agreement due for expiry on the 10th of April 2023. The current tenant is more than happy to extend the lease which provides added project flexibility.

The property is for sale via Expressions of Interest closing on the 20th of February 2023.

For further information on this exciting development opportunity, including potential townhouse sales forecasting, contact Nick Cowley.

Remember to mention you found this property on DevelopmentReady

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3. Property Location

34 Oldham Avenue, New Town, TAS, 7008

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4. Due Diligence

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34 Oldham Avenue, New Town, TAS, 7008 New Town
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