Wellington St Development Opportunity

Are you currently in the market for professional rooms? Short term accommodation? Or maybe even a residential property? (STCA) 317 Wellington Street is the type of opportunity that does not come around often. The property is zoned Commercial (23.0) which opens up a broad range of potential options. As it was initially a residential property, a conversion back to this use may be possible subject to council approval. The property oozes charm with its 12ft ceilings (some with pressed tin), wide hallways, solid brick construction and 5 spacious rooms. To the rear of the property is a large kitchen and bathroom (shower & toilet) that would require little work to allow full DDA compliance. Underneath the property is an office area, additional toilet, laundry room and large cellar / storage areas.

Approximately 240m2 of land sits behind the property, which is a huge bonus for those looking to redevelop and require parking. Not only is the land accessible via the driveway off Wellington Street, there is also a right of way providing additional access from Eardley Street.

Expressions Of Interest – closing date Monday 28th March 2022 at 4pm. Purchasers must submit their best offer by this date for consideration by the vendor. Decisions on offers will not be made before the closing date.

Features include:

-Offered with vacant possession
-Prominent high traffic position on Wellington Street
-Total floor area: 250m2 approx.
-Land: 596m2 approx.
-Zoning ‘Commercial’ (23.0)
-Land at rear with driveway access from Wellington St and ROW from Eardley St
-Natural gas connected with gas heating and hot water
-Reverse cycle air conditioning
-Full Kitchen / Accessible toilet facilities
-NBN Ready
-Monitored alarm system

Outgoings: (previous financial year)

Land Tax: TBA
Council Rates: TBA
TasWater: TBA

To learn more about this property, contact Andy or Ben at Howell Property Group.

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective purchasers are advised to carry out their own investigations.

Features