Set in sought-after Riverside, this expansive 2,054m allotment with unparalleled river views presents an outstanding opportunity for developers, investors, or those looking to secure a substantial parcel in a premium location.
With the services prepared to the block to accommodate a strata title for up to 4 townhouses (STCA), the block offers excellent scope to capitalise on Riverside's strong demand for quality housing. Generous in size and well-positioned, it provides flexibility for a range of development outcomes or the option to create a standout residential holding.
Enjoy the convenience of nearby schools, shopping, and amenities, all while being just minutes from quality schools, medical facilities and the Launceston CBD. This is a rare chance to secure a large landholding with genuine development upside in one of the area's most desirable suburbs.
Key Features:
Land size: 2,054m
Planning approval to strata for 4 townhouses
Services to the block updated to accommodate a 4 building strata
Unparalleled river views
Highly sought-after Riverside location
Close to schools, shops, and local amenities
Strong growth and development appeal
Additional information:
Land size: 2,054sqm
Council: West Tamar
Zoning: General Residential
Title: Issued
Strata: No
Planning approval to strata for 4 townhouses (Dated Oct 2023)
"Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate"
The size of Riverside is approximately 55.0 square kilometres. There are 7 parks, covering nearly 2.6% of the total area. The population of Riverside in 2016 was 6472 people. By 2021 the population was 7326 showing a population growth of 13.2% in the area during that time. The predominant age group in Riverside is 30-39 years. Households in Riverside are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverside work in a professional occupation.In 2021, 73.30% of the homes in Riverside were owner-occupied compared with 72.70% in 2016.
Riverside has 3,519 properties. Over the last 5 years, Houses in Riverside have seen a 43.58% increase in median value, while Units have seen a 45.69% increase. As at 31 July 2026:
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