Unique development opportunity with permit
By private appointment only.
This is an outstanding opportunity to purchase a tightly held property, held for over four decades (currently on one title with land area approx. 4,882m2, plus the bonus of a 1,667m2 balance lot) with an established home rented until 26 August 2026 ($500 per week).
There is a planning permit in place that could set you up for life with the rear of the property allowing for up to 5 more lots! With a preliminary concept to develop up to six generous residential separate blocks (includes the current home) ranging from 753m2 – 888m2, most of the preliminary work has been done with the main driveway and retaining wall recently completed in readiness for development.
The current home: Nestled in the peaceful hills of Abbotsfield Road, the original three-bedroom home offers a warm and welcoming atmosphere, perfect for families or those seeking a quiet lifestyle just outside the city. Stepping inside, you will find generously sized rooms with classic features that add charm and character to the space. The home comprises three well-proportioned bedrooms, a central bathroom, and a convenient standalone laundry. The heart of the home includes a spacious living area that flows through to both front and rear outdoor entertaining zones, ideal for relaxing with family or hosting guests. A large, secure backyard provides plenty of space for children or pets to enjoy, and there is also a garden shed for added storage.
Next steps: The current owner has completed all the leg work with several reports available to assist the new owner in bringing out the true value of this property for generations to come. Run with the current plans, or look to make your own……live in the current home, and progress this development opportunity over time….the opportunities are endless and there is no shortage of value creation here which standard blocks typically do not offer to this magnitude. Let us discuss your plans and objectives. This could also be the perfect SMSF investment!
For more information and contract of sale: please contact Tony Dion on 0404646846.
About Claremont The location is sensational, within 20 minutes of the vibrant Hobart City; close to schools; medical services; a few minutes’ drive to MONA and My State Bank Arena; close to Claremont Village with supermarkets and all essential services, cafes, boutique bakeries and restaurants – all with free parking; a short drive to award winning wineries and the Derwent Valley (including Stefano Lubiano Wines); walking tracks; parks and the local golf course! There is also easy access to upgraded highways providing for quick journeys into surrounding hubs including Glenorchy, Moonah, and New Norfolk.
About Hobart Tasmania’s infrastructure pipeline over the next decade exceeds $30 billion, providing long-term economic confidence and employment stability. Major projects include a $500m restaurant and entertainment precinct at Berriedale, $700m in newly announced health funding, and the Macquarie Point $1b+ multi-purpose roofed stadium—set to become the most significant infrastructure project in southern Tasmania’s history. Tasmania achieved 100% renewable electricity generation in 2020, powered by hydro, wind, and solar energy—reflecting the state’s strong environmental focus.
‘Hobart rates as one of the nation’s leading markets of the past 20 years and, after a pause following its most recent growth spurt, is now on the cusp of another up cycle, the report said.’ [The Finance Better and Hotspotting Report 2026]
Tasmania is known for its pro-environmental stance, and in 2020 achieved 100% renewable energy status thanks to a combination of hydroelectricity, wind, and solar energy sources.
