3 Hughes Court,
Western Junction, TAS 7212

Situated at Translink Estate at Launceston Airport environs, this building block is the last one available for sale in the area.
Relatively level in contour, the block at 3 Hughes Court has a gross land area of 4,498 sqm.

Not only is this block a premier development opportunity, it also has significant holding income of approximately $15,000 per year generated from a Lease to Optus until 2031. The Optus portion of the land is less than 70 sqm, which still leaves room for practical development.

Alternatively, if the Optus income was of no use to a new owner, there is an avenue open to "sell" the head-lease to a third party for a substantial one-off sum.

For further information about the site and options around purchasing, please contact David or Rodney.