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Lot 1-3/512 Nelson Road, Mount Nelson TAS 7007

Offers From $475,000

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$475k - $499k Transparent Transparent Listing Based on an openly advertised listing price.

Land 1000 m²

Listed: 18 days ago

Updated: 9 hours ago

Overview

Located just 10 minutes south of Hobart's CBD, this offering represents a rare chance to secure one of the remaining spacious land blocks in Mount Nelson, each exceeding 1,000 square metres. These blocks provide an excellent canvas for those looking to build their dream home and enjoy picturesque views including the iconic Mount Wellington.

The area boasts ready titles and a variety of house and land packages available through reputable longstanding builders, with options ranging from modern energy-efficient four-bedroom, two-bath designs starting at $964,000, to more affordable three-bedroom alternatives. This opportunity caters to buyers seeking to establish a home in a premium, leafy suburb that is proximate to educational institutions such as Hobart College and the University of Tasmania, as well as convenient access to the city and surrounding amenities.

Mount Nelson benefits from its serene environment and excellent location, neighbouring Sandy Bay with its shopping precinct, public transport, reserves, and beaches close by. The suburb is known for its community appeal with quality schools and local artisan food outlets enhancing lifestyle possibilities.

Tasmania’s commitment to sustainability, exemplified by its renewable energy achievements and ongoing infrastructure investments, adds to the area's appeal for environmentally conscious buyers. The local economy is underpinned by significant ongoing development projects, offering security and growth potential.

Investors, families, and those prioritising lifestyle and sustainability will find this offering a compelling option in the current market. Interested parties are encouraged to request detailed information packages to explore the full scope of design and building options available.

Local Market Insights

In Mount Nelson, 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 Mount Nelson area is currently Petrusma Property – Sandy Bay, representing 33% of new listings, followed by EIS Property 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.