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The 2023/24 financial year saw a return to a balanced market where traditional commercial property fundamentals were front and centre. Despite an increasing interest rate environment, the Tasmanian market has remained resilient, with transaction volumes steady for both sales and leasing across all sectors. Whilst there has been a slight softening in yields for some…
A 150-hectare parcel of land ripe for a flagship mixed-use development in one of Greater Launceston’s major growth corridors is up for sale. The property, Willowbank Estate, is located at the junction of the Bass Highway and Meander Valley Road in Hadspen, in the Meander Valley Council in Northern Tasmania, eight kilometres southwest of Launceston.…