2/47 Orana Place
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About this property
Elders Launceston has the exclusive opportunity to offer for sale this appealing parcel of residential land, prime to be developed for a high-density residential unit development. The property currently comprises two titles, an existing unit on a 692 sqm parcel of land and a vacant lot of some 7,058 sqm containing 11 approved unit sites (PA2024357). The property is situated on the top side of Orana Place in Riverside and benefits from elevated views overlooking the Tamar River and surrounds. Presenting an opportunity to purchase in-one-line or each strata title separately, don't miss your opportunity to secure this in-fill development site in a blue-chip residential location. An additional point of distinction is the unique opportunity to also purchase the neighboring property... a highquality investment property in one of Riverside's most soughtafter locations, this fully renovated and elevated brick home offers immediate income with a secure lease in place until June 2027 at $510 per week.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 7058 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Riverside
This land in Riverside, TAS 7250 sits within reach of public transport, local shops and nearby schools. It is listed 1% below the $659,000 median of 66 comparable landswithin 5 km.
Schools near Riverside
- Launceston Christian Schoolcombined · Prep-12 · CoEd
- Riverside Primary Schoolprimary · K-6 · CoEd
- St Anthony's Catholic Schoolprimary · Prep-6 · CoEd
- Riverside High Schoolsecondary · 7-11 · CoEd
What's nearby
- West Tamar Rd / Windsor Dr In (bus) — 562 m away
- BWS — 432 m away
- Riverbank Reserve — 549 m away
- Camina Court Reserve — 1.5 km away
- Unnamed — 1.6 km away
Riverside at a glance
Full suburb profile- Population
- 7,326
- Median age
- 40
- Household income
- $1,519/wk
- Median rent
- $300/wk
- Median mortgage
- $1,440/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Riverside price trend
Median sold · House 3 bed
Compound growth +3.1% / yr over 4 yrs
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Full Riverside marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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