1-3/36-40 Morrisby Road
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About this property
Representing a genuinely rare release in the tightly held Old Beach market, these three allotments offer an increasingly hard-to-find combination of waterfront and waterside positioning, generous proportions and sweeping views across the River Derwent and beyond. Set within an established neighbourhood of quality homes, the scarcity of land of this calibre immediately sets these sites apart and positions them to attract strong buyer interest. Each allotment spans 650m², providing an ideal balance between lifestyle space and design flexibility. The proportions will appeal equally to those dreaming of building a bespoke home in a peaceful waterside setting and to buyers seeking well-shaped parcels with excellent outlook and enduring long-term value. Importantly, key groundwork has already been addressed, with the stormwater easement over Crown land in place. This removes a significant development hurdle and provides valuable certainty for purchasersan uncommon advantage when securing vacant land. Surrounded by established residential amenity and within easy reach of shopping, services, public transport and Hobart's CBD, the setting delivers everyday convenience while preserving the lifestyle appeal that makes Old Beach so consistently sought after. The three allotments are being offered for sale individually, while marketed together to showcase the full scope of opportunity available. Whether securing a single premium homesite or considering future flexibility across multiple blocks, opportunities of this calibre are rarely presented to the market.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 650 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Old Beach
This land in Old Beach, TAS 7017 sits within reach of public transport, local amenities. It is listed 40% below the $625,000 median of 67 comparable landswithin 5 km.
What's nearby
- Gage Rd (Tivoli) In (bus) — 2.4 km away
Old Beach at a glance
Full suburb profile- Population
- 4,394
- Median age
- 40
- Household income
- $1,865/wk
- Median rent
- $400/wk
- Median mortgage
- $1,517/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Old Beach price trend
Median sold · House 3 bed
Compound growth -1.4% / yr over 4 yrs
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Full Old Beach marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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