48-52 New Town Road, New Town, has recently been cleared, is level and is accessible from 3 connecting roads, New Town Road, Clare Street and Seymour Street respectively. It is exceptionally well located approximately 2.5 km North West of the CBD in one of Hobarts most sought-after residential suburb's.
New Town, (Hobart's first suburb) is characterised by a number of stately homes of a grand nature and is keenly sought as a desirable and tightly held inner city residential location.
The site is only a short distance to local shops, schools, major supermarkets, shopping centre's and North Hobart’s popular cafe/restaurant strip. The land is on a public transport route and is an easy walk to numerous cafe's, bar's & restaurants, and a quick and easy commute to the Hobart CBD.
The site has an active DA for a medical facility of some 20,500 SQM demonstrating the potential density that could be achieved on site.
Large, central development sites are rare in Hobart and with no further land likely to be built and the demand for housing outstripping supply this opportunity should be seriously considered by all developers.
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