It is a rare offering indeed to get an opportunity to buy such a sizeable parcel of prime ocean view land on which to build a coastal retreat, family home or investment property. Whatever the option, it is impossible to be disappointed.

On offer are 13, 50-acre (20 hectare) lots. Five lots have already sold.

Each one is lightly forested and gently sloping with a 2.5 acre building envelope. Sealed roads, power and phone connections are a feature.

Each lot has stunning views over Frederick Henry Bay with Slopen Island in the foreground the main one of the five islands from which the Estate was named. The gorgeous white sandy Slopen Main beach is literally only a short walk or drive to enjoy fishing, kayaking or a family friendly swimming spot and Saltwater River has a public boat ramp to launch boats and watercraft. The famous Lime Bay State Reserve is a few kilometres away as is Coal Mines Historic Site and the Tasmanian Devil Consservation Park.

The Tasman Peninsula offers a great lifestyle with surf beaches just 15 minutes’ away and some of the best fishing in the country. Nubeena is the closest township a few minutes’ drive where you have all of the services and facilities including supermarket, medical centre, cafes, hairdresser and schools.

There are nature reserves and bushwalking throughout conservation areas on your doorstep.

Five Islands Estate is 90 minutes’ drive from Hobart but a world away from the hustle and bustle. An absolute treasure of a coastal retreat that must be seen to be appreciated.