32 Torrens Street, RICHMOND TAS 7025
Offers over $900,000
20771332
For Sale

Property Details

Description

Adjoining the Coal River, you could not imagine a more idyllic location to find just over 11 acres (4.576 hectares approximately), of fertile, flat land that has exciting potential in the short term for building on, and long term for future development (subject to all the necessary approvals of course). The river flows along the north easterly boundary with an aspect that attracts all day sun.

In its current state, it is perfectly suited to intensive horticultural use due to the current licence accessing up to 17 megalitres per annum reticulated through an underground main onto this land. Long term, the best use for this unique parcel of land is a residential development which, under it’s current “rural” zoning, would require time and investigation to come to fruition. In saying this, water and sewer lines do run the length of Torrens Street which would easily facilitate such a development.

Being less than 5 minutes walk to the centre of Richmond and the Richmond Bridge, this is a rare opportunity to secure a large parcel of land where few still remain, located directly around this popular, community-based township.

There are also two large sheds on the land which currently house farming equipment, one 110sqm in size and the other 70sqm approximately.

Another “golden opportunity” in Richmond awaits you here…so start exploring the possibilities that are considered to be inevitable, based on surrounding developments in the area.

Location

Agent

Deb Stephens
Senior Property Consultant P. 03 6232 4999 M. 0409 125 132