FOR SALE
Expressions of Interest, Closing 19th of September

717 West Tamar Highway
Legana TAS 7277

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1.21ha
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Great Development Opportunity or a Business take over!!

Are you looking for your next project? Positioned on approximately 1.21 hectares of prime land, 717 West Tamar Highway, Legana presents an incredible opportunity with endless possibilities. Whether you are considering continuing an already established business, pursuing a development venture (STCA), or exploring subdivision potential (STCA), this property has it all.
Currently operating as Legana Plant Plus, a successful and well-regarded business in the community, the sale includes the freehold, encompassing both the expansive land and the substantial sheds. The impressive array of sheds come equipped with power, providing immediate utility for various uses. A standout feature of the property is the 25kW solar panel system, offering a sustainable and cost-effective energy solution.
The property's location within Legana, one of Launceston's most dynamic and rapidly evolving suburbs, adds an additional layer of value. Legana has seen significant residential and commercial growth over the past few years. For the astute developer, the property's zoning as Low Density Residential offers a wealth of opportunities. Whether you're considering a large-scale development project (STCA), a strategic subdivision (STCA), or even the creation of a new residential community, this property provides the flexibility to make your vision a reality. The potential for a strata development (STCA) accommodating up to 10 units is particularly enticing, given the area's increasing demand for residential housing.
Legana's strategic position along the West Tamar Highway ensures excellent connectivity to Launceston and surrounding areas, further enhancing its desirability. The suburb is well-served by a range of amenities, including shopping centres, schools, and recreational facilities, all contributing to the area's increasing popularity among families and professionals. This prime location, combined with the property's extensive land size and versatile zoning, presents a unique opportunity to create something truly special.
Please note that any development plans are subject to council approval, and we encourage prospective buyers to conduct their due diligence to ensure the feasibility of their specific project on this property.
For more information or to arrange a viewing, please contact Richard from Sims for Property.
Key details:
- Land size 1.21ha approx;
- Vast amounts of possibilities including development and subdivision opportunities (STCA);
- Established sheds with power;
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Property Details for 717 West Tamar Hwy, Legana

717 West Tamar Hwy, Legana is a 1 bedroom, 1 bathroom House. The property has a land size of 1.21ha. The place is currently for sale with Sims For Property - Launceston.

Building Type
House
Land Size
1.21ha

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About Legana 7277

The size of Legana is approximately 31.9 square kilometres. It has 5 parks covering nearly 0.5% of total area. The population of Legana in 2011 was 3,678 people. By 2016 the population was 4,017 showing a population growth of 9.2% in the area during that time. The predominant age group in Legana is 40-49 years. Households in Legana are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Legana work in a professional occupation. In 2011, 85.4% of the homes in Legana were owner-occupied compared with 82.1% in 2016.

Legana has 2,414 properties. Over the last 5 years, Houses in Legana have seen a 73.36% increase in median value, while Units have seen a 56.77% increase. As at 31 August 2024:

  • The median value for Houses in Legana is $735,970 while the median value for Units is $483,436.
  • Houses have a median rent of $548 while Units have a median rent of $458.
There are currently 22 properties listed for sale, and 3 properties listed for rent in Legana on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Legana.

Suburb Insights for Legana 7277

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Richard Sims
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Erin O'Grady
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Sims For Property - Launceston
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.