Brogo Way 25, Clarendon Vale TAS 7019

JLL Land Australia is pleased to offer to the market Clarence Heights, a development-approved opportunity of scale in one of Tasmania’s fastest-growing regions.

Key features of the property include:

+ Significant 92.78ha* landholding

+ Existing approval for a 412-lot residential subdivision

+ With flexible underlying zoning,

+ the incoming purchaser has the potential to increase the yield to 756 lots**

+ Range of permitted uses including Residential Subdivision, Townhouses and MHE Product.

+ Favourable demographics supporting strong underlying demand:

1. 5yr population growth of 29%*
2. Young Family demographic – 29y/o Median Age
3. Ideal market conditions: increasingly sharp demand-supply discrepancy, reflected in the rapid growth of Clarendon Vale property values (18% over the past 12 months), and a regional^ median house price of $756,000*.

+ Serviced by a full range of quality education, retail and lifestyle amenity within close proximity to the site.

+ Excellent connectivity to CBD and serviced by a full range of quality amenities – multiple schools, retail precincts, and recreational hubs within a 2min drive; and set to benefit from significant new transport and infrastructure upgrades.

Clarence Heights is being offered for sale via an Expressions of Interest campaign closing Tuesday 26 August at 2pm (AEST) .

To obtain further information or to arrange an inspection, please contact the exclusive selling agent at JLL.

Jesse Radisich | 0402 085 702

*Approximately

^Clarendon Vale and surrounding suburbs

**STCA