20 Pegema Place
Norwood, TAS 7250

Overview

20 Pegema Place, Norwood, TAS, 7250

This significant land holding is attractively positioned between Norwood and Relbia on the southern fringe of Launceston, Tasmania. Spanning approximately 15.54 hectares (about 155,400 square meters), the property offers a substantial opportunity for development or lifestyle use, subject to council approval.

Currently zoned as Rural and under Mortgagee in Possession status, this parcel of land will be sold by public auction scheduled for Friday, 1st May at 12 midday, held at the Elders Offices located at 54 Cameron Street, Launceston.

The property includes a large workshop or shed exceeding 500 square meters in size, providing an exceptional facility suitable as a depot site. The potential for residential development exists but is contingent upon obtaining rezoning approval.

Any construction of a dwelling on the site will require a discretionary application to the local government authority, supported by an agricultural consultants report and other relevant documentation to facilitate the success of any development proposal.

This land appeals to both developers and lifestyle buyers due to its generous dimensions and strategic location. The site offers easy access to local shops, schools, community services, and the Launceston city center, making it a versatile and promising investment or personal project.

The auction represents an opportunity to acquire a property with considerable potential, whether for commercial use or personal lifestyle enhancement.

For further information, interested parties are encouraged to make contact ahead of the auction date.

Auction Details: Friday, 1st May at 12 midday, Elders Launceston, 54 Cameron Street.

Location