Copley Road Lenah Valley, TAS 7008
Instant Upside + Development Potential
Purchase Price: $1,025,000
Forecast Strategy: Develop & Hold (existing dwelling + 3 new builds)
Instant Upside: Development-ready site
Building: 3 Bed | 2 Bath | 2 Car
Land Size: 2,137 sqm (DA approved for 3 dwellings)
- Rare 2,137 sqm landholding in Lenah Valley
- DA approved for 3 additional dwellings — reduced planning risk
- Owner-occupier heavy suburb with limited land supply
Purchased off market for $1,025,000, this Lenah Valley property sits on a substantial 2,137 sqm block with approved plans for three new dwellings — removing months of planning uncertainty and accelerating development timelines.
The existing 3-bedroom, 2-bathroom home provides holding income while enabling a develop-and-hold strategy, combining multiple income streams with manufactured equity on completion.
Located in a tightly held, owner-occupier-dominated pocket of Lenah Valley, land of this size and readiness is exceptionally rare, underpinning strong long-term capital growth fundamentals.