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108B Weeks Road, Barrington$725,000
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108B Weeks Road

Barrington, TAS 7306, Australia
$725,000

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Area Price Guide
$681,500$768,500

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8
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$775,000
Area median
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-6%
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1 week ago
Listed

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About this property

Under Contract - Twenty years ago this valuable farming resource was propagated to Eucalypt plantation. It has completed a cycle and harvest and has been returned to private ownership to be reverted again to farmland. The views from this property are simply awesome! Views from the property, as do many in the area, feature the magnificence of Mount Roland, but also encompass Van Dyke, Mount Claude, Cradle Mountain, the Badgers Ranges and the Western Tiers. Such is the panorama from the high point of this property that if you turn 180 degrees from the mountain views you have views of Bass Strait. It is an open canvas to establish a new and exciting rural venture from scratch. They do not make any new land, but this is the next best thing with it being given a farming return opportunity. Currently fallow after the removal of trees this is an opportunity to regenerate to improved pastures or other Ag-enterprises. Prior to 2006 this property combined mixed farming of beef, sheep and some cropping as part of a larger local farming operation. The property is largely undulating topography of slight to moderate slopes with all aspects of the compass providing versatility and excellent options for diversity. The pastures are recovering, however the property is yet to be de-stumped. With much of the boundary fencing intact and serviceable, it is fair to say fencing will still be a project with fences adjoining other plantation property needing repair or replacing while those with adjoining farmers are in good repair. There is no internal fencing currently in place. As an incentive or an offset to fencing and de-stumping the property has outstanding internal roadways servicing the 49 hectare (121.25 acre) title of the property always had good laneways but they have been significantly upgraded to all weather roadways to service harvesting of the property and adjoining plantations. The property has two existing dams with capacities of 5.6 and 6.75 megalitres, both with potential for further development of the catchments (subject to appropriate approvals from DPIWE). The Tas Irrigation (Don/Barrington Scheme) passes through adjoining properties, and while allocations are fully subscribed there may be opportunities to trade additional water from existing allocation holders (at a new owners expense and approval of T.I.) Lot 2 is one of two lots of (11.65 ha -under contract of sale) and 49.01 hectares (121.25 acres) awaiting issue of title, which creates numerous options for development by a new owner or potential ownership options in the future. These undeveloped rural titles are becoming rarer and rarer particularly with good productivity, wonderful lifestyle potential and minimal distance from urban centres. Building of residences on Lot 2 when titles are issued will be STCA (subject to Council approval D.A.) but adding infrastructure and family to the community can only benefit the region and the property. Among the many attractions of this property are privacy, views, shelter, lifestyle, commuting ease, proximity to services and amenities, potential for development, and income earning potential. Just a mere six to eight minutes to the centre of Sheffield and only twenty minutes into Devonport or Latrobe. Sushames Real Estate trusts in the information in this document which has been sourced from means which are considered reliable. Prospective purchasers are recommended to carry out their own due diligence regarding permits, measurements, and boundary positions prior to settlement. Inspections are strictly by appointment. Please contact Neil on 0429 331 664 for further information.

Property Features

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    Repayment calculator

    $3,515/month
    $1,757 /fortnight
    Loan $580,000 at 6.10% over 30 years

    Upfront costs

    Deposit$145,000
    Stamp duty$27,810
    Conveyancing (est.)$2,000
    Total upfront$174,810
    Verify with TAS revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Listed
    1 week ago

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