69 Brighton Road, Brighton TAS 7030

This large acreage of approx. 24.64 hectares (60.89 acres) presents a very genuine opportunity for a large scale future residential subdivision STCA. The residence on the property is a large 1990s brick and tile home with multiple living areas, ample accommodation and quality kitchen and bathrooms, which could easily be rented. However, it is the likelihood of future residential zoning and development that is most exciting.

The property is currently zoned Rural Resource with the normal development restrictions, however in the Brighton Structure Plan 2018 the Brighton Council clearly identify the property as "a primary urban growth option" and "a logical extension of the Brighton township". Accordingly, Brighton Council are actively pursuing rezoning of the property so that it is possible to subdivide, which requires an extension of the Urban Growth Boundary and an amendment to the Planning Scheme, together which may take approx. 12 - 24 months.

Whilst rezoning of the property remains dependent on the approval of relevant authorities, with the State Government recently announcing development of the new Brighton High School on an adjoining property, and the support of local Council, it would certainly appear that it is just a matter of time. The sale of this property is without doubt a very real and potentially lucrative opportunity to secure the land holding early, for substantial future gains.

• Future residential subdivision STCA
• Approx. 24.64 hectares (60.89 acres)
• High growth area of southern Tasmania
• New State High School announced
• Part of Brighton Council growth area
• Large 1993 brick and tile family home