35 Alexander Circle, Campania TAS 7026

| 1,180m² level lot | development potential | sunny Campania setting | first-time offering | The buying case rests on the scarcity of a level, 1,180m² allotment in a sought-after Southern Midlands subdivision, offered to market for the first time. For a buyer seeking to build a custom home, this configuration eliminates the cost and complexity of site preparation, a rare advantage in this region. The sunny aspect and council-approved development potential position this property as a strategic land bank for owner-occupiers or a patient investor targeting the growing Campania demographic, where median house prices sit at $568,000. The primary risk is the valuation gap: estimates range from $610,000 to $743,000, yet the asking price is $275,000, which signals either a distressed vendor or an undeveloped land parcel, not a finished house. A buyer must verify the actual lot size and confirm council approval feasibility for a 3-bedroom dwelling, as the data conflicts on land area. The opportunity lies in acquiring below-market land cost and controlling the build timeline. Hold this property as a long-term residential development site, or build and hold for capital growth in a tightening market.