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AUD$17,335.5 / Pot
39 Don road, Devonport, TAS 7310
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39 Don road

Devonport, TAS 7310

  • 100,000㎡
AUD$17,335.5 / Pot

This pot price has been calculated based on the property's acquisition price, including costs such as stamp duty, holding costs, finance costs, subdivision costs, permit and development approval costs, property development costs, legals costs, land transfer and contingencies.

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DETAILS

Type: land
Area: 100,000 ㎡

DESCRIPTION

Future Retail Centre in Devonport
Devonport is the largest port on Tasmania's north coast. Its importance, particularly for visitors from the mainland, is that it is the port for the Spirit of Tasmania car ferry from Melbourne and consequently is known as ""The Gateway to Tasmania"". Devonport has a diversified economy based on the traditional sectors of Retail Trade, Health Care and Social Services, Manufacturing, and Freight. With the $250 million LIVING CITY project, Devonport is emerging as the service, retail, tourism and cultural capital of North West Tasmania. This is creating rapidly growing opportunities in its traditional sectors as well as Accommodation and Food Services, Education, Construction and Professional Services industries – Devonport is now a compelling option for business investment.

Located in Tasmania's 3rd largest city Devonport, this 8.8-hectare light industrial/commercial land offers immense possibilities. Investment highlights include:

- the last land/acreage parcel within the residential precinct of Devonport
- previously earmarked for a local Woolworths supermarket
- over 88,000 sqm of land abutting residential, retail, light industrial dwellings
- potential for extremely high return ROI and cashflow
- potential to rezone into full residential or commercial or mixed use
- potential to collaborate with local council for infrastructure usage
- Devonport is transforming into a place of growth and long-term prosperity as significant investment is pouring into infrastructure"
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