19-21 Goodwood Road

Goodwood TAS 7010

Fourteen (14) one and two-bedroom self-contained visitor accommodation cabins.

Amenities block and ancillary improvements inclusive of games room, internal roadways, automated security gate, playground, landscaping, etc.

The property is leased until 1 June 2020 at a net rental of approximately $175,000+GST p.a. The new owner has the option to re-lease the premises to a new tenant or operate under management.

Zoned 'Residential' under the provisions of the Glenorchy Planning Scheme, the property represents one of northern Hobart's most compelling infill residential development and investment opportunities. Underpinned by attractive holding income, the property lends itself to a median density residential development in a locality experiencing robust demand from investors and owner-occupiers alike.

Preliminary site plans have been previously prepared by the owners showing new title boundaries for the existing homes and creation of thirteen (13) villa units.

Whether you are an investor or developer, this is a compelling opportunity within a central and convenient location. On public transport, within 1.9 kilometres of Glenorchy's commercial hub inclusive of Northgate Shopping Centre, walking distance to Bunnings Glenorchy (proposed Anaconda and Spotlight), local primary and secondary schools and all within 7.6 kilometres of Hobart city centre.

Being sold via Expressions of Interest closing 14 November 2019.