Prominent And Permit Approved Site In The Heart Of Kingston

Burgess Rawson are delighted to present to market 6 Summerleas Road, Kingston TAS for sale via Expressions of Interest closing Wednesday 22 May at 3:00pm (AEST).

This opportunity has the following key highlights:
+ Prominent 4,269 sqm* site featuring a combined frontage of 176m*
+ Permit approved development featuring 52 architect designed apartments and a 2,400 sqm* commercial/retail hub.
+ Desirable Central Business Zoning providing significant upside in scope of development with potential to increase up to 85 apartments.
+ High exposure triple fronted parcel with frontage to Channel Highway, Southern Outlet and Summerleas Road.
+ Vacant parcel which reduces site costs and provides option for immediate development.
+ Position perfect within close proximity to Coles, Woolworths, Bunnings, McDonalds, KFC, Big W, Harvey Norman, Toyota, Kingston Beach Gold Club, Kingston Plaza and Kingston Beach.
+ Surrounded by approved and completed developments including the adjoining sold out Kings Quarter by Traders In Purple ($300m).^^
+ City of Kingborough: Tasmanian city with a population of 41,179** and a household weekly income above the Tasmanian average in every income bracket. A medium and high density city with an increase to over 90% of all dwellings occupied^
+ Kingston: Popular beach-side growth suburb only 13km* (15 minutes) from Hobart CBD with a median price of $735,000.***
+ Hobart: Tasmania’s administrative capital with a population of 250,000+* and 18.8% median house price growth in the last 12 months****.

For Sale via Expressions of Interest
Closing Wednesday 22 May at 3:00pm (AEST).

To discuss the property further, please contact the Burgess Rawson agents below

Beau Coulter | 0413 839 898
David Napoleone | 0417 308 067

*Approx
**Economy.id
***Realestate.com.au
^Profile.id
^^Kingsquarter.com.au