4-6 Boland Street, LAUNCESTON – EOI Closing 18 April 2018
Launceston's Ultimate Development Site
Located at the edge of the proposed UTAS Inveresk precinct redevelopment. The site incorporates a frontage of 23m to Boland Street and 12m to Tamar Street and is arguably one of the most prime sites for development with the footprint located within the epicentre of extensive and planned future development.
The site comprises an approximate 1460sqm footprint and is approximately a 7 minute walk to Launceston CBD and just 5 minutes to UTAS Inveresk campus and similarly the UTAS Stadium - home of the mighty Hawks.
Importantly the site has approved plans (DA) for a significant and valuable development of a contemporary residential suite of 29 apartments incorporated in two new buildings and one existing building fronting Tamar St.
Scope is there also to land bank the site and await opportunity, scope there also for owner occupier to access, operate and live onsite within the existing Tamar Street commercial property subject to works plus scope to seal and offer the Boland St land as paid parking STCA.
In essence, the property holding presents an optional development opportunity likely un-precedented in Launceston.
- Approved multi-level development
- 29 apartments
- One commercial premises
- On-site parking and storage
- Within 5 minutes walk to UTAS campus
- Focused towards inner-city vibrance
- Close to sporting and leisure facilities
In conjunction with Knight Frank - David Webster.
For Sale by Expressions of Interest Closing 18 April 2018.