FOR SALE
Price Revised - $850,000

34 Watts Road
Paradise TAS 7306

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 88.77ac
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Quality acreage for lifestyle and mixed farming

The undulating North and North Easterly aspect pastures of 34 Watts Road have been predominantly renovated in the past 4 years with permanent pastures established for the dairy followers and grazing lease and with fertiliser applications to improve productivity for livestock rotation practices. Central laneways provide for easy livestock movement and rotations. The vendor has used this property predominantly as a winter shelter and fattening run off block to grow out their young cattle and spell the dairy herd while in spring almost all of the pastured areas are cut for fodder (hay and silage). The timing of going to market, could not be a more opportune time for a potential purchaser with livestock having come off from their winter spell and with farmers thinking of locking pastures up for fodder production, a feed or fodder bank could coincide with settlement.
Farm water supply is currently gravity fed from an adjoining dam for livestock that do not have access to water from dams, creek or river sources. There is significant opportunity and potential for future expansion of commercial water resources at this property both in establishment of storage capacity and potential to further harness storage and opportunity for bore installation and tank storage for gravity feed. The property has a current Surety 5 water allocation of 300 Megalitres from the Dasher River, an authorized Dam Permit for a 50 Megalitre storage dam and associated usage allocations (with a 12 month extension currently requested to allow new owners timeframe to complete construction if they choose to proceed). With the majority of the slightly sloping ground well suited to a range of cropping pursuits if desired, along with the water availability it makes this very desirable acreage - 88.77 Acres (35.9247 Hectares approximately}.
This property has a good balance of shelter and with gentle to moderate slopes to best produce livestock in the varied climatic seasonal conditions of North-West Tasmania. The property features undulating pastures with aspects that have advantages in all seasons. This land holding has a couple of wonderful sites to establish a homestead (STCA), giving both privacy, magnificent views and the ability to observe almost the entire farming operations of the property, a real advantage for any operator, or one with Farm Tourism in mind.
One of the major attractions to people moving to the areas surrounding Sheffield, and as an advantage over other inland communities of the NW coast is the sense of community. You don't need to travel more than 25-30 minutes to be at any of the coastal cities and towns including Deloraine, Latrobe, Devonport or Ulverstone, but within only 8-10 minutes you also have the convenience of almost all the necessities in your own country town - Sheffield - 2 supermarkets, pharmacy, medical, hardware and rural supplies, schooling from infants to year 10, general store, bank, hotel, cafe's & restaurants, RSL, building & automotive providers, all providing services and employment opportunities. There are more, however you can explore them at your leisure once you decide to take up residence.
Please contact Neil Colbeck for further information.
Inspections by pre arranged appointment only.
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.

Property Details for 34 Watts Rd, Paradise

Building Type
Rural
Land Size
88.77ac

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About Paradise 7306

The size of Paradise is approximately 40.4 square kilometres. It has 5 parks covering nearly 34.5% of total area. The population of Paradise in 2011 was 302 people. By 2016 the population was 111 showing a population decline of 63.2% in the area during that time. The predominant age group in Paradise is 50-59 years. Households in Paradise are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Paradise work in a managers occupation. In 2011, 82.7% of the homes in Paradise were owner-occupied compared with 83.4% in 2016..

Paradise has 66 properties. Over the last 5 years, Houses in Paradise have seen a 65.23% increase in median value. As at 31 October 2024:

  • The median value for Houses in Paradise is $559,922.
There are currently 2 properties listed for sale, and no properties listed for rent in Paradise on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Paradise.

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Neil Colbeck
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Sushames Pty Ltd - Devonport
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.