Sharing a boundary with East Launceston and St Andrews Gardens park, less than a 700m walk to the Launceston General Hospital, this large scale vacant site (727m2) is ripe for the construction of your new home and the closest vacant site to the CBD on the market now! The generous sized site with mature trees has further potential for the construction of a townhouse style development. Positioned directly adjacent homes which have sold for well in excess of $1,000,000, this property is a sound investment for land banking or development. Land is scarcely available in established areas of Launceston and even more rarely within walking distance of the under-construction new private hospital, parks, cafe and CBD. With panoramic views and the potential for further adjoining land acquisition, this is one not to be missed. Relevant land sales in the area include: • 18 Leonard Street (468m2) - $385,000 • 54 Mulgrave Street (845m2) - $350,000 • 10 Garnet Street (481m2) - $290,000 • 202 George Street (381m2) - $330,000 • 16 Ashleigh Avenue (731m2) - $365,000 Contact Thomas today to discuss the opportunity to purchase this site and to further discuss the opportunities this property presents.