201 Old Bass Highway

Doctors Rocks TAS 7325

This fantastic development site of approx. 34 acres has the potential for approx. 86 residential blocks, located in potentially a very exciting area of Tasmania, this piece of land is being offered For Sale Now!

The Seabrook Golf Club is located some 500m west of the development, offering clear benefits to potential developers/investors as a key recreational gem located within walking distance.

Doctors Rocks Residential Zone is located to the east of the previously approved development, and once complete this new development will extend the main infrastructure from the town proper to the satellite areas, and as such has strong Council support.

Wynyard is the main airport connection to Melbourne for towns such as Burnie and Stanley and boasts a peaceful low key, low-stress lifestyle.

The property extends to 34 acres in total and has a lapsed Town Planning Permit allowing the development to yield 86 allotments of varying sizes and orientations. The allotments have been carefully laid out to maximise solar gain through careful orientation, as well as facilitating construction area through generous proportions within the allotment mix. The current approved yield, (86 lots) is conservative and can be increased in future applications.

The previously approved, but lapsed Permit, boasts a central spine of open common land, effectively reducing the entire development to two clear zones of varying densities. The central common spine allows and encourages pedestrian access and linkage to the northwest and potential pedestrian access to the Wynyard Golf Course subject to the possible redevelopment of adjoining land.

This Development may provide investors with access to allotments with benefits, currently not available in Wynyard due to it's setting, while keeping good access to the town proper. A recent review by a certified qualified Town Planning Consultant indicates that the planning risk is low and a yield of more than 86 lots are highly likely. A preliminary sewer design has been completed and can be provided.

Council is receptive to a further review of a future new Planning Permit given their keen interest in providing Town Services to the adjoining Doctors Rocks.

The following documents can be provided on request:
-Lapsed Planning Permit (Development Application),
-Proposed Plan of Sub Divisions.
-The List Folio Plan and Titles Report
- Feasibility Study with a Development Margin (profit/risk margin) of 25.38%, a Project Internal Rate of Return (IRR) of 25.84%.

Phone enquiry code for this property: 1236