Duck Reach 2 Corin Street

Duck Reach Estate - Spectacular Location - Rare Opportunity • Ripe for development or perfect as an exclusive estate • Land area 2.861 hectares (just over 7 acres) • Three titles, including a wide road • Launceston City Council rates approximately $2,850 per annum • Bluestone foundations 134.0 sqm • Shed 36.0 sqm • Approximately 7 minutes by car from the CBD In close proximity to Launceston's central business district, the magnificent Gorge estate of seven acres on 3 titles includes the much-admired bluestone foundations of the Victorian Italianate building of historic significance. The sale of the long-held Duck Reach Estate offers a once-in-a-lifetime opportunity. Established in the mid-1890s, the building foundations are of bluestone quarried on site, an advantage for any future development. The exclusive enclave is situated in the spectacular Launceston Gorge and set amid crown land reserves. The area is well served by walking tracks and scenic lookouts, maintained by the council for the enjoyment of the stunning environs. Just a few minutes' drive from Launceston's CBD, the land is perched on the hilltop and towering cliffs of the deep riverine gorge of Launceston's South Esk River. Dramatically demonstrating the age of the area and formed by nature is a monumental, ancient stone image of Buddha, imposingly situated on the cliffs bordering the property and overlooking the gorge below. The landholding is a natural sanctuary for native animals and birdlife, from Fairy Wrens to Nigh Owls and the Peregrine Falcon nesting in the cliffs. The First Basin Track will take you to the city, and the Duck Reach Track will take you over the suspension bridge to the Duck Reach Museum and Trevallyn Nature Recreation Area. The residence was built for the manager and chief engineer of the power station. Duck Reach, named for the wild ducks that congregated there, was established as the site for the first power scheme in Australasia in the 1890s. Launceston, the first city in Australia to have publicly generated hydro electricity, was famous for the illumination of the whole city at the time. ** The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.