HTL Property's experts Andrew Jackson and Scott Callow market a substantial and DA approved Residential Land Lease Community (RLLC) site located on the north-western coast of Tasmania for sale.
Specialist national brokerage firm HTL Property is exclusively bringing to market a substantial and DA approved Residential Land Lease Community (RLLC) site located on the north-western coast of Tasmania.
The sale campaign will be jointly steered by Andrew Jackson and Scott Callow.
The significant 11.6-hectare site has been approved for a 216 home RLLC, complemented by extensive facilities and amenities. The approved site is located in the picturesque seaside town of Doctors Rocks; approximately 60km from Devonport, and 150km from Launceston.
The approvals provide for a master planned lifestyle village of 216 homes to be developed over seven stages. The exclusive residential community will include a variety of resort-style facilities; including a large clubhouse comprising an indoor pool, dining and lounge rooms, gym, theatre, games room and large function space – as well as a variety of outdoor games / courts, bowling greens and BBQ areas.
“With an approval in place and the site already cleared and levelled, the planning risk has been greatly mitigated. This is a greenfield, development-ready opportunity; able to be capitalised upon by an incoming purchaser" advised HTL Property Director, Scott Callow.
Doctors Rocks is located on the beautiful north-western coast of Tasmania, a region abundant with natural beauties such as Cradle Mountain, Dove Lake, world-heritage listed wilderness areas and a beautiful, rugged coastline. Boasting arguably the world’s cleanest air, the north-western coast of Tasmania is also famous for its premium produce including berries, truffles and cheeses. It is also a popular retirement mecca for both Tasmanians and mainlanders alike.
The substantial landholding is well located between Burnie and Wynyard, two of the larger coastal towns on the Bass Highway and which runs along the north coast of Tasmania. Local buses from the property’s doorstep ensure all essential amenities and services; as well as ample entertainment opportunities, are all within close proximity.
“The development project has been carefully planned and is ideally positioned to target the over 55’s demographic. This is evidenced by the fact that the region is already dominated by an older demographic – close to half of the population are aged over 50 years and nearly a third over 60 years. The demand is evident, and this is the opportunity to provide the supply piece" added HTL National Accommodation Director, Andrew Jackson.
“Retirees are not only attracted to the relaxed coastal lifestyle, but also the affordable housing options in this area. Despite sharp residential price increases over recent years, Tasmania still presents an affordable housing market; particularly by comparison to other coastal locations nationally" continued Callow.
“There exists significant appetite for greenfield and brownfield RLLC development sites due to existing operators and new entrants being able to create their own unique product; as well as receiving additional development profit from the sale of homes as the site is developed, coupled with the ongoing cashflow from rental income” concluded Callow.
“We anticipate market demand for both existing assets and greenfield sites to remain strong, driven by a lack of quality supply in good locations" added Jackson.
“Many desirable regions now have a saturation of communities, resulting in established players and new entrants looking further afield into regional locations that still comprise favourable demographics; and typically a lower price point" Jackson concluded.
The Expression of Interest campaign closes Wednesday 30 April 2025.