Real Estate Industry Partners

251-259 Alanvale Road, Newnham TAS 7248

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Bedrooms
12 beds
Bathrooms
6 baths
Parking
10 parking

Lucrative Subdivision Opportunity with Income Generating Assets

Fairlands Estate, a potential subdivision adjacent to the picturesque Tamar River.

The proposed Fairlands Estate gives scope to provide housing for over 250 families and is in a high-demand area with limited available land to develop. This proposed subdivision presents a prime opportunity for residential development with a range of lot sizes. The estate also offers potential for prime parklands with two lakes, all wonderfully contained within the proposed subdivision.

Residents of Fairlands Estate will enjoy easy access to Launceston CBD, The University of Tasmania, The Australian Maritime College, TASTAFE and a myriad of local schools, shops, restaurants and other amenities. Well connected to Launceston and George Town via the East Tamar Highway. The Estate will also retain its rural setting looking out over the Tamar River, rolling hills to the West, and the Launceston City scape. Gentle elevations provide sun-drenched views to compliment the surrounding landscape. The project is poised to align seamlessly with council sentiments on development in the North.

The property also includes three residential dwellings, a studio currently operating as an Airbnb, and 170 acres of pasture land. These homes and land provide a steady income stream to help offset holding costs during the development planning and civil works.

In a world where housing is more essential than ever, this property isn't just an opportunity, it's a legacy that has served generations before, and as times change, it will continue to evolve, paving the way for the future.

For more information, please contact us today.

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Property Details

  • Type: House
  • Bedrooms: 12
  • Bathrooms: 6
  • Garage Spaces: 10
  • Building Area: 122 m² (approx)
  • Land Area: 170 Acre (approx)
Harcourts Launceston

Harcourts Launceston

112-114 George Street, Launceston TAS 7250

03 6337 9700

BIBBY DAVIDSON

JAKE LOIZOU