Information Memorandum - 43 Russell Road, Claremont

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As a leading independent commercial property agency, we take pride in creating value across every market we serve..

01. Point of Interest 02. Point of View

Property Features 04. Property Particulars 05. Location

06. Sales Process

Framed by river and mountain views with a global phenomen attraction only 7 km* away, this 17.34 ha* site is your lusciously green light to develop, diversify, or simply hold tight in one of Hobart’s most promising growth corridors. This significant landholding blends greenfield potential with the kind of natural beauty that only Tasmania can offer — think Derwent River vistas, mountain backdrops, and bushland protected under Landscape Conservation zoning.

With a planning permit already in place for 76 dwellings and dual zoning (General Residential + Landscape Conservation), 43 Russell Road offers a rare development canvas just 2 km* from Claremont Plaza and the Claremont Golf Club, and within easy reach of schools, services, and MONA — Tassie’s most irreverent cultural export. Develop, stage, or land-bank for the future, in a market where large-scale parcels like this are as rare as a quiet day at Salamanca.

Total land area.
Sweeping Derwent River and mountain views.
To Claremont Golf Club and waterfront foreshore.
From globally renowned icon MONA. zoning. zoning.
Dwellings
To south of Claremont Plaza Shopping Centre.

They say to come down for fresh air, and this development-ready holding has serious space to breathe. In a city where scale is scarce, this Claremont gem delivers the big land, big upside, and a backdrop that sells itself.

Daniel Philip | 0439 977 121 daniel.philip@cva.melbourne

“With warehouse heights of 6 metres, there’s only one way for your business to go—up.”

An agent that turns first impressions into lasting commitments. Since the early days of his career, Daniel has established a level of service that is defined by in-depth market knowledge, expert advice and responsive communication. Committed to creating value in the commercial real estate opportunities he matches with his clients’ objectives, and the ability to think outside the square. Especially if that extends well beyond Melbourne’s inner-city grid.

Set against a stunning backdrop of the Derwent River and surrounding mountains, 43 Russell Road, Claremont offers a rare and substantial landholding in one of Hobart’s most rapidly evolving growth corridors. Spanning approximately 17.34 hectares* (173,400 sqm*), this unique site is a blend of development-ready opportunity and natural Tasmanian beauty. Only 7 km* from the internationally acclaimed MONA, and just 2 km* from both Claremont Plaza and the Claremont Golf Club, this location combines lifestyle, accessibility, and long-term investment appeal. With sweeping vistas, established bushland, and dual zoning—22.0 ha zoned Landscape Conservation and 8.0 ha zoned General Residential**—the site delivers a highly flexible platform for various residential or community-focused outcomes.

A planning permit is already in place for 76 dwellings, providing a significant head start for developers or institutions looking to deliver housing at scale. The site’s greenfield potential is balanced by the presence of protected bushland, making it ideal for low-impact, sustainable development models

such as retirement villages, residential estates, or eco-conscious subdivisions (STCA). Surrounded by schools, shopping, transport, and Hobart’s northern lifestyle amenities, this address offers convenience without compromising on privacy or tranquility. In a tightening market where large-scale, welllocated parcels are increasingly rare, 43 Russell Road stands out as a high-impact opportunity to develop, diversify, or hold in a blue-chip Hobart location. Whether you’re planning now or banking for the future, this is an opportunity as scenic as it is strategic.

Principle Outgoings

Title particular

Lot 1 Certificate of Title — Volume 196833 Folio 1

Lot 2 Certificate of Title — Volume 61496 Folio 2

Lot 101 Certificate of Title — Volume 145090 Folio 101

Lot 104 Certificate of Title — Volume 145090 Folio 104

Zoning General Residential Zone (GRZ)

Planning Overlays

Landscape Conservation 22.0

C12.0 - Flood-Prone Hazard Areas Code

C13.0 - Bushfire-Prone Areas Code

C15.0 - Landslip Hazard Code

C7.0 - Natural Assets Code

C8.0 - Scenic Protection Code

Municipality City of Glenorchy

All signs point to: Russell Street.

A rare opportunity to secure a development-ready landholding with dual zoning, sweeping views, and prime positioning in Hobart’s growing northern corridor. Here are some notable aspects and benefits of buying property in this area:

Development-Ready with Dual Zoning:

Russell Road offers a rare combination of General Residential and Landscape Conservation zoning, allowing for flexible development options. With a planning permit approved for 76 dwellings, much of the early-stage work is already complete — ideal for developers looking to move quickly.

Excellent Location & Connectivity:

Just 2 km from Claremont Plaza, schools, public transport, and the Claremont Golf Club, this site offers convenience for future residents. It’s also only 7 km from MONA, Tasmania’s most visited cultural destination, which brings steady tourism and growth to the area.

High-Growth Corridor:

Claremont is part of Hobart’s northern growth zone, where demand for housing continues to rise. The surrounding area is seeing steady residential expansion, making this a smart location for new housing, retirement living, or community-focused developments.

Strong Natural Appeal:

Set against sweeping views of the Derwent River and mountains, and with bushland protected under conservation zoning, the site offers a unique lifestyle setting. This natural beauty adds long-term value and broad buyer appeal.

Rare Landholding Near Hobart:

Large, well-located parcels like this — with development approval and dual zoning — are increasingly rare within 15 km of Hobart’s CBD. Whether you choose to develop now or land-bank for future gains, this site offers both scale and strategic value.

AND THE POINT?

Strategic. Scenic. Ready.

Positioned for success in Hobart’s high-growth northern corridor, 43 Russell Road, Claremont presents a rare and compelling opportunity: development-ready land with dual zoning, sweeping natural views, and outstanding connectivity. Whether you’re a developer seeking immediate scale or an investor planning for future gains, this site delivers unmatched potential.

All signs point to: Claremont Tasmania

Claremont is one of Greater Hobart’s most strategically positioned suburbs, offering a compelling mix of affordability, lifestyle appeal, and strong infrastructure links. Located just 15 km north of Hobart’s CBD and within the City of Glenorchy, Claremont is well-connected via the Brooker Highway and public transport, making it easily accessible for both residents and visitors. The suburb features key amenities like Claremont Plaza, schools, medical services, and recreational hubs such as the Claremont Golf Club and Derwent foreshore, attracting a diverse and growing population. The presence of MONA — Tasmania’s leading tourist attraction — just a short drive away continues to increase visibility and value in the area.

With demand for housing across Hobart on the rise, Claremont offers investors and developers an opportunity to enter a growth market with long-term upside. Large-scale residential sites are limited, and properties with dual zoning, like those on Russell Road, provide flexibility for

a range of uses — from residential estates to aged care or lifestyle developments (STCA). The suburb’s balance of green space, river views, and community infrastructure makes it especially appealing to families, downsizers, and first-home buyers. For investors seeking a foothold in a rising market, Claremont delivers scale, accessibility, and future-proof potential.

And the point?

Claremont is a growing suburb in Greater Hobart with rising demand for housing, services, and lifestyle offerings. Its affordable land prices, strategic location just 15 km from the CBD, and steady population growth make it ideal for developers and business owners looking for long-term value. The area is still under-serviced in key sectors, presenting clear opportunities to fill market gaps. With strong community infrastructure, natural appeal, and proximity to tourist hotspots like MONA, Claremont offers the right conditions for sustainable, future-focused business investment.

SALES PROCESS

Private Sale Process

At CVA, we are dedicated to providing a professional and transparent experience throughout the private sale process.

To ensure clarity and fairness, we have outlined the key steps below, allowing prospective purchasers to fully understand the process when submitting an offer.

1. Submitting Offers

Offers can be submitted at any point during the private sale period, as there is no fixed closing date. We recommend that all interested parties submit their strongest offer using the provided documentation, ensuring all fields are completed and the form is signed. Once submitted, your offer will be promptly presented to the vendor for consideration.

2. Review Process

Upon receipt, all offers are carefully reviewed by the vendor. We will communicate any feedback or decisions regarding your offer in a timely manner. Unlike auctions or formal Expressions of Interest campaigns, the private sale allows the vendor the flexibility to accept, negotiate, or decline offers at their discretion as they are received.

3. Contract and Settlement

Should your offer be accepted, a formal contract of sale will be prepared. At this stage, a deposit may be required to secure the property. The agreed terms of the contract, including the settlement period, will then be finalised between the buyer and vendor.

We strive to maintain open communication and provide professional guidance throughout the private sale process, ensuring a seamless experience for all parties involved.

For more information, contact

Daniel Philip

0439 977 121

daniel.philip@ cva.melbourne

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