15-17 Alanvale Road, Newnham, Tas 7248

bedrooms 30
bathrooms 20
|Unit
EOI closing 23/7/2025 at 3pm
EOI closing 23/7/2025 at 3pm
Published on: 26 Jun 2025
Last updated on: 25 Jul 2025
15-17 Alanvale Road, Newnham, Tas 7248
15-17 Alanvale Road, Newnham, Tas 7248
15-17 Alanvale Road, Newnham, Tas 7248
+17
15-17 Alanvale Road, Newnham, Tas 7248
  • 17
Property ID: 148373320
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High Yielding Accommodation Complex + Strategic Land Holding

15-17 Alanvale Road, Newnham, Tas 7248
Elders Commercial is pleased to offer for sale an exceptional investment and development opportunity located in the heart of Launceston's northern suburbs growth corridor.

The 25 strata titled properties are available for purchase 'in one line'. 

Key property & investment highlights include: 

- Secure long-term lease to an established business, Hillwood
Berries, returning a net income of $660,000 + GST per annum with a 10-year term.
- Tenant pays all outgoings including land tax & building insurance.
- Hillwood Berries are a strong tenant, operating the complex at 85-95% occupancy during the peak season.
- Over 6,000* sqm of surplus residential land that does not form part of the leased area and can be developed (STCA).
- Over 32,000 sqm* of rural land that has a concept plan for future development.
- The property contains 25 separate strata-titled units that provide a clear future sell-down strategy if desired.
- Large strata area of 4.68Ha* supports a strong underlying
land value providing purchasers with risk diversification.
- 29 self-contained flats with varying capacity (two-ten beds).

The property is for sale via Expressions of Interest closing 23 July 2025 at 3pm.

Please contact Fletcher Seymour or Rodney Rawling for more information or to arrange an inspection.

**Units 17,18,20,31,32,33,39, 42,43,44,47 and 48 (within the boundary markup) are owned by third parties and will not be offered for sale.**

Property Details

Basic Info

Property Type
Unit
Listing Status
On Market
Land Size
46,800.00 m2
Rooms
30 bedroom(s), 20 bathroom(s)
Address
15-17 Alanvale Road, Newnham, Tas 7248
Rodney Rawlings
Rodney Rawlings
54 Cameron Street, Launceston, Tas 7250
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Rodney Rawlings
Rodney Rawlings
54 Cameron Street, Launceston, Tas 7250
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      Property ID: 148373320

      Original Property ID: 148373320
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