Unit 1 / 27 South Arm Road
Rokeby TAS 7019
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Prime Corner Development Landholding with Holding Income
Occupying a commanding corner position at the gateway to Rokeby, this substantial 2,512 sqm* landholding offers a rare combination of scale, exposure and flexibility on Hobart's rapidly growing Eastern Shore.The majority of the site is cleared, level and ready to develop, presenting an exceptional canvas for a future commercial or mixed-use project (STCA) in one of Greater Hobart's fastest-growing residential corridors.
An established cafe tenancy underpins the holding with secure net income, providing income from settlement while future development plans are progressed and approvals obtained. The flexibility of the zoning and the strength of the surrounding population growth will appeal to developers, owner-occupiers and astute investors seeking an early position in the expanding South Arm peninsula.
Key Features
• 2,512 sqm* strata landholding on the prominent corner of South Arm Road and Droughty Point Road
• Leased to Audrey Coffee Pty Ltd, returning a net passing income of approximately $25,665 pa* (before owner outgoings)
• Flexible Local Business zoning suiting development of fuel and convenience, QSR/drive-thru, fast food, showroom or strip retail uses^
•14 km* from the Hobart CBD and 13 km* from Hobart Airport
• Surrounded by major residential subdivisions including Oakdowns, Pass Road, Skylands and Howrah Gardens
• Current lease to 31 July 2028 with a further three-year option to 31 July 2031
• Holding income from day one while planning future development outcomes
For sale via Expressions of Interest closing Thursday 9 July 2026 at 4:00pm AEST.
To arrange an inspection or request further information, contact the agents Richard Steedman or George Burbury.
* approximately
^ STCA
Features
General Features
- Land Area: 2,512sqm
- Commercial Type: Land/Development
- Building Area: 2,512sqm
- Zoning: Local Business
Can I afford Unit 1 / 27 South Arm Road?
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