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Lot 32 & 48/20 Toffolis Road, Claremont TAS 7011

$400,000

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$400k - $420k Transparent Transparent Listing Based on an openly advertised listing price.

Land 691 m²

Listed: 18 days ago

Updated: 8 hours ago

Overview

This subdivision at 20 Toffolis Road, Claremont offers a collection of generously sized lots averaging around 690 square meters, each primed with the potential for dual occupancy, subject to council approval. Nestled in a quiet cul-de-sac surrounded by natural bushland, the location strikes an ideal balance between peaceful living and convenient access to local schools, shops, services, and the Hobart CBD.

The diversity in lot topography, from flat to gently sloping sites, provides flexibility to suit various building designs and preferences, ideal for first home buyers seeking affordable entry to the market, families desiring room to grow, builders looking for development opportunities, or investors focused on future capital growth.

Eight affordable lots, with several currently available and others sold or on hold.
Fully serviced with essential utilities including power, water, and sewer, facilitating a smooth building process.
The location's natural setting enhances lifestyle quality while maintaining everyday suburban convenience.
With recent government incentives targeting increased supply of new housing and tax advantages favouring new builds, these lots represent an investment that aligns with current market and policy trends.

Overall, the opportunity stands out for its combination of location, size, potential for dual occupancy, and strong rental and capital growth prospects, appealing to a range of buyers focused on both lifestyle and long-term investment gains.

Local Market Insights

In Claremont, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $363,333. The property type mix of listed properties is predominantly Houses at 63%, followed by land (19%), and units (16%). The most active agency for land in the Claremont area is currently Petrusma Property – Sandy Bay, representing 50% of new listings, followed by 4one4 with 17%. 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.