EXQUISITE WATERSIDE LOCATION WITH PENDING COUNCIL PLANNING APPROVAL FOR 2 LUXURY TOWNHOUSES

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72 Esplande, Rose Bay TAS 7016

Expressions Of Interest

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$1.3M - $1.4M Medium Confidence Calculated based on our search observations.

House 3 Beds 2 Baths 3 Cars 1007 m² 123 m²

Listed: 53 days ago

Updated: 6 hours ago

Overview

Set in a stunning waterside location, this property offers much more than its original 1940s house might suggest. The near-level 1000 square meter parcel presents exceptional opportunity with pending council approval for the construction of two luxury three-bedroom townhouses. Boasting captivating views across the water, including the iconic Tasman Bridge and distant mountains, the site benefits from natural all-day sunlight, enhancing its appeal.

Located in Rose Bay, the home grants residents a tranquil lifestyle while keeping them well-connected to essential urban amenities. With reasonable fitness, one can enjoy walks to the Hobart CBD, soon to be complemented by a new stadium. Local conveniences such as Eastlands shopping centre and Lindisfarne village are within easy reach, along with abundant recreational options including watersport clubs and the Clarence foreshore track just meters from the property boundary.

This address provides a wealth of development potential, whether building two new townhouses or expanding and renovating the current three-bedroom, two-bathroom period residence to create a grand homestead. The generous parking includes three car spaces, supporting both family and visitor needs.

Investors, developers, or families seeking a rare, elevated living experience in a well-positioned waterside locale will find this opportunity compelling. The property's size, views, development prospects, and proximity to vibrant community hubs combine to offer an enviable lifestyle and promising future value.

Local Market Insights

In Rose Bay, Quiet Listings observed 8 new houses entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $583,000. The property type mix of listed properties is predominantly Houses at 73%, followed by land (27%). The most active agency for houses in the Rose Bay area is currently Fall Real Estate, representing 50% of new listings, followed by Petrusma Property – Sandy Bay with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.