Prime Development Opportunity with Iconic Mountain Views - Gateway to a Lifestyle Investment @ Lot 2.
Looking for a Development opportuity? A rare and remarkable residential offering, Lot 2 / 12 Victoria Street, situated in the heart of Sheffield, on an expansive 2.204 hectare parcel presents an outstanding opportunity for a developer with vision.
Strategically positioned within walking distance to Sheffield’s vibrant town centre famed as the “Town of Murals” this parcel of land boasts preliminary planning for up to 31 residential allotments (STCA). With breathtaking views of Mt Roland as a daily backdrop, the lifestyle appeal here is second to none.
In addition to residential subdivision potential, this site also presents an exciting opportunity for a tourism based development. Concepts such as dual-keyed units with management rights, allowing for a mix of owner occupied and short term accommodation, could help meet the growing demand for visitor stays in Sheffield whether for travellers enroute to Cradle Mountain, or seasonal events like Mural Fest, SteamFest, rowing regattas, or as overflow accommodation for the Cethana pumped hydro project, which is forecast to bring both permanent and contract workers to the region.
Whether you envision a beautifully integrated residential community, a mix of house and land packages, or a boutique development that embraces the artistic spirit and rural charm of this beloved North West Tasmanian township, the potential is extraordinary.
Key Features:
• 2.204 hectares of gently sloping land
• Preliminary design shows potential for 31 residential blocks (STCA)
• Option for tourism development: dual-key units with management rights (STCA)
• Ideal for owner occupiers, short stays, or mixed use investment pool
• Walking distance to shops, cafes, schools, and medical facilities
• Elevated positioning offering spectacular Mt Roland views
• Easy access to local infrastructure and services
• Quiet location with established homes nearby
• High demand for both permanent housing and short-term accommodation
• Close to key tourist routes and future infrastructure projects (e.g. Cethana)
• GST Withholding Applies
Opportunities of this scale and location are incredibly limited. Be the developer who brings this vision to life in a town that continues to draw families, tourists, and lifestyle seekers.
Roberts Real Estate Nicholson have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.
