5 Montrivale Rise

Boasting the perfect blend of location, position and outlook, this elevated north-facing allotment offers an exceptional opportunity in one of Hobart's most desirable suburbs. It has previously been approved for three architecturally designed townhouses, offering an excellent opportunity for developers or investors to capitalise on this sought-after location. While the development approval has now expired, all relevant documentation is available, including architectural plans, soil test report, and bushfire hazard report, making the reapplication process straightforward. Expansive approx. 1,258sqm north-facing, elevated allotment Approved plans for three architecturally designed townhouses (STCA) Enjoy panoramic views of the River Derwent, Mt Wellington, and the city skyline A prime blank canvas to design and build your ideal residence or multi-dwelling project Situated in a sought-after enclave of new, architecturally designed homes Conveniently located only 3.5km from Hobart's city centre Close to excellent schools, cafes, restaurants, and boutique shopping Easy access to the popular Waterworks Reserve walking circuit Land Size: Approx. 1258sqm Council Rates: Approx. $2600 pa Fixed Water Rates: Approx. $1,000 pa