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12 Bangalee Street, Lauderdale TAS 7021

Offers Over $375,000 + GST

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$375k - $394k Transparent Transparent Listing Based on an openly advertised listing price.

Land

Listed: 16 days ago

Updated: 5 hours ago

Overview

Located in the coastal suburb of Lauderdale, this commercial land parcel presents a rare and valuable opportunity for entrepreneurs and investors alike. The block is commercially zoned, allowing for versatile development possibilities that can accommodate a wide range of business ventures. Its position benefits from excellent street exposure, ensuring visibility and accessibility that are crucial for successful commercial endeavors.

The land is level and fully fenced, simplifying site preparation and offering secure boundaries. An existing shed on the property adds practicality and potential utility for storage or other operational needs. Surrounded by established local businesses, the location experiences steady local traffic and enjoys the supportive community atmosphere that Lauderdale is known for.

Strategically positioned just a short stroll from the beach and approximately 20 minutes from Hobart's central business district, this property combines lifestyle advantages with commercial potential, appealing to those who seek proximity to both natural amenities and urban convenience.

Commercial zoning supports diverse development and business opportunities.
DA approval valid until August 2026, facilitating planning and building processes.
Annual council rates are approximately $1,068, offering predictable holding costs.
High-exposure site in a tightly held and growing suburb.
Level land with full fencing and existing shed infrastructure.
Close to Lauderdale Beach, cafes, and other local services.
Only a 20-minute commute to Hobart CBD enhances professional and logistical connectivity.

This property suits developers looking to build from the ground up, investors seeking a future-proof asset, or business owners aiming to establish a visible and accessible base in a prime coastal location.

Local Market Insights

In Hobart, Quiet Listings observed 65 new parcels of land entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $539,092. The property type mix of listed properties is predominantly Houses at 64%, followed by units (15%), and land (13%). The most active agency for land in the Hobart area is currently Petrusma Property – Sandy Bay, representing 38% of new listings, followed by Harcourts with 22%. 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.