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1 Knopwood Street, Battery Point, Tas 7004

1 Knopwood Street, Battery Point, Tas 7004

Land/Development

  • For Sale
  • Contact Agent
  • Expression of Interest

DA approved site in one of Tasmania's most affluent suburbs

  • DA approved for 30 luxury apartments
  • Significant short term holding income
  • Close to Salamanca Place and Hobart CBD

  • Land Area
  • 1442.00 m² (approx)
  • Floor Area
  • 1,442 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Apr 08, 2021

Interested in this property? Contact an Agent today

Knight Frank - Tasmania

5 Victoria Street

Hobart Tas 7000

George Burbury, Knight Frank - Tasmania
George Burbury
Scott Newton, Knight Frank - Tasmania
Scott Newton

DA approved site in one of Tasmania's most affluent suburbs

Knight Frank offers for sale the property and buildings located at 1 Knopwood Street, Battery Point.

Carrying an approved Development Permit, and with a land area of approximately 1,442 sqm this offering represents one of the most attractive development opportunities in Tasmania.

The approved DA allows for the construction of 30 luxury apartments, basement carparking for 46 cars and associated amenity including an indoor swimming pool.

The site sits on a corner position only 200m from the bustling Salamanca place and Hobart waterfront. There is a short term lease in place to "Care Park" offering holding income to a purchaser.

This is an opportunity to capitalise on a premium development opportunity at a blue-ribbon address in Hobart’s most expensive suburb, and one of Australia’s strongest residential property markets.

For further information or to arrange an inspection please contact George Burbury or Scott Newton

1 Knopwood Street, Battery Point, Tas 7004

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