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It is being sold as the largest boatshed in Cornelian Bay
'Capitalise on its prime location, strong corporate demand and high profitability'
The $80 million luxury apartment project in Hobart will no longer go ahead
International investors are showing strong interest in the property
Over 1,200 children under five are currently competing for just 356 licensed places in the area
The taskforce would conduct inspections and issue fines for non-compliance
The sale is signalling a 'new era' in Tasmania's luxury property market
It brings the median price of a house in Hobart to $715,000
'It is one of the most spectacular and iconic natural destinations in Australia'
The Penguin development has been scaled back after community feedback
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