Rarely do we present to the market a parcel of 47.33 Ha of subdivision land with a "Residential" zoning. The land comprises 3 separate titles with frontage to both St Leonards Road and Regent Street.

Situated in an area identified by Launceston Council as a "growth corridor" for future residential development.

Elevated land with panoramic city view, yet 6 minutes uninterrupted traveling time to the city centre. This land provides englobe land affording spectacular views towards the Launceston City Centre and Tamar River Valley. Views also extend westerly.

Frontage to St Leonards Road with accessibility to major infrastructure services in the area. St Leonards Road presents a major carriageway earmarked for future upgrade as part of significant strategic by-pass options for the Launceston City. Along with this, major service infrastructure are all located on St Leonards Road.

A Master Plan has been prepared for the land, highlighting the features of the conceptual plan for the area.

Other developments ear marked for the immediate area include possible retirement living and further residential development.

This represents one of Launceston's most important parcels of residential land for the future growth of the city.

Strong economic factors are pointing to exciting growth in Northern Tasmania's largest City and this land presents developers with an opportunity to be a major contributor to this growth.

For Sale by Expressions of Interest closing 7 September 2017 at 4:00pm.