OFF MARKET

390 Bungaree Road
Bungaree TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 560500m2
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Property Details for 390 Bungaree Rd, Bungaree

Building Type
Rural
Land Size
560500m2
Local Government
King Island
Lot/Plan
7/130531

Last Listing description (November 2014)

Investment Property For Buyer Or Developer
FISHING HATCHERY/ LAND FOR SALE - ON 300 ACRES OF SPECTACULAR OCEAN FRONT LAND
(PLUS right next door, the owner is selling an extra 150 acres with a luxury 3 bedroom home - for separate sale: please visit http://www.harcourts.com.au/Property/548450/TKG3894/325-Bungaree-Road)

Land/ Business/ Commercial/ Development Opportunity For:
- Fish Hatchery buyer/investor/developer OR
- Commercial Investor seeking to build ocean front apartments, housing, hotel, holiday resort or complex or whatever you wish.
Commercial Developer - Investment Opportunity:
- Build your dream - ocean front apartments, housing, hotel, holiday resort or complex or whatever you wish....on 300 acres of spectacular ocean front land (+ 150 acres available for separate sale: please visit http://www.harcourts.com.au/Property/548450/TKG3894/325-Bungaree-Road)
Fish Hatchery Buyer /Investor /Developer Opportunity:
- Become a commercial leader in the field while supporting the supply of any quality fish species. Becoming the owner of this aquaculture business means you'll become part of the global billion-dollar aquaculture fishing industry.
Sale Price Includes:
- All intellectual property (IP) (full records and documented procedures for the hatchery)
- Freehold property title to the 300 acres of land fronting on to Southern Ocean
- ? kilometre of private beachfront by 1 kilometre depth inland
Hatchery Plant and Equipment:
- Fish hatchery facility located within a pressed steel building 30m x 12m x 6m high with fixture and fittings.
- Office fitted with computers, telephones and fax
- Plant and equipment includes: water tanks, pumps and accessories, a launch, livestock tanks, a fitted laboratory, generators, water monitors, electrical equipment, capital equipment, air conditioners, tanks, tools and equipment, fire-fighting equipment.
- 30 holding and spawning tanks, larvae holding tanks & algae and live feed production tanks
- A temperature and light-controlled holding room and laboratory.
- High-flow mechanical and biological filtration equipment, a UV sterilisation unit and ozone production unit.
- Water storage tanks including a full recirculating water system utilising: Fractionation, mechanical and biological systems fed by a deepwater pipeline of 250 meters pumping in seawater
- A lock-up building that has facilities for overnight security accommodation.
- 2 dug holes for ponds, each of 120m?/120,000L
- Three phase electrical power throughout the complex, a one-kilometre road and much more.
Unlimited Potential - IT'S ALL UP TO YOU!
ABOUT KING ISLAND: King Island is very much in the development market for top quality hotels and holiday accommodation. King Island will soon become the centre of world attention by golfing elite. Due late 2014 are 3 championship golf courses under construction, guaranteed at annually attracting thousands of people. To see what's in store for King Island, visit www.oceandunes.com.au. King Island is a lush, green hideaway, 64 x 27 kilometres, world renowned for surfing, and world class beef, dairy and much more.

Property History for 390 Bungaree Rd, Bungaree, TAS 7256

A timeline of how this property has performed in the market
Last Sold
$160,000
01 Oct 2001
  • 20 Jan 2014
    Listed for Sale PRICE ON APPLICATION
  • 01 Oct 2001
    Sold for $160,000
  • 04 Jun 1999
    Sold for $105,000

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About Bungaree 7256

The size of Bungaree is approximately 77 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of Bungaree in 2011 was 1,091 people. By 2016 the population was 12 showing a population decline of 98.9% in the area during that time. The predominant age group in Bungaree is 0-9 years. Households in Bungaree are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bungaree work in a managers occupation. In 2006, 76.6% of the homes in Bungaree were owner-occupied compared with 59.1% in 2011..

Bungaree has 21 properties. Over the last 5 years, Houses in Bungaree have seen a 24.48% increase in median value. As at 30 September 2024:

  • The median value for Houses in Bungaree is $774,280.
There are currently 2 properties listed for sale, and no properties listed for rent in Bungaree on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Bungaree.

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Disclaimer
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.