Fairlands | Launceston's Next Major Residential Community
Elders Commercial Tasmania is pleased to present Fairlands, a substantial residential development opportunity strategically positioned within Launceston’s established northern residential corridor.Comprising a total landholding of 69.075* hectares, the property offers approximately 33 hectares of developable land, including 10 hectares currently zoned General Residential with frontage to Alanvale Road, together with a further 23 hectares of Rural zoned land identified for future rezoning to General Residential.
Surrounded by established residential neighbourhoods with a demonstrated history of residential land transactions, Fairlands presents a rare opportunity to secure a substantial, strategically positioned landholding with immediate development potential and considerable longer-term upside.
Key Highlights:
• 33 hectares* of Developable Land
• 10 hectares* of Existing General Residential Zoned Land fronting Alanvale Road
• 23 hectares* of Rural Zoned Land identified for Council re-zone to General Residential
• The property forms an integral part of the Alanvale Neighbourhood Plan
• Alanvale Neighbourhood rezone timeline of approximately two (2) years* - Council Estimate only
• Located in an established residential area with strong records of past residential transactions
• Substantial holding income generated from three dwellings located on the property
Please contact one of the listing agents if you would like to obtain additional information or arrange an inspection.
*Approximate
Features
General Features
- Land Area: 69.08 hect
- Commercial Type: Land/Development
- Building Area: 1,000sqm
- Zoning: General Residential
Can I afford 251-259 Alanvale Road?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
Find an Elders Broker
