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79 Woodcutters Road, Tolmans Hill TAS 7007

$575,000

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$575k - $604k Transparent Transparent Listing Based on an openly advertised listing price.

Land 1495 m²

Listed: 18 days ago

Updated: 10 hours ago

Overview

This substantial 1495 square meter block of land located in the prestigious and tightly held suburb of Tolmans Hill presents an exceptional opportunity for residential development. With Development Approval for two large townhouses already secured, prospective buyers have flexibility whether to build and occupy one home while selling the other, or to develop both as investment properties, or alternatively, start fresh with a custom dream home crafted to personal specifications.

The property enjoys a prime elevated position offering stunning natural vistas combined with expansive water views and an abundance of sunshine, making it an ideal choice for those seeking a tranquil yet convenient location close to Hobart’s city center.

Surrounded by established affluent residences and situated within a sought-after locale, this land parcel is increasingly valuable as residential land near Hobart's CBD becomes more scarce. The size and position of the block offer wide creative freedom for design and layout, appealing to families, developers, or investors looking to capitalize on the potential of this picturesque setting.

Local Market Insights

In Tolmans Hill, Quiet Listings observed 3 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $515,000. The property type mix of listed properties is predominantly Houses at 50%, followed by units (25%), and land (25%). The most active agency for land in the Tolmans Hill area is currently EIS Property, representing 33% of new listings, followed by 4one4 with 33%. 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.