OFF MARKET

157 Burlington Road
Cressy TAS 7302

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 244m2
Land area: 151479m2
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Property Details for 157 Burlington Rd, Cressy

Building Type
Land
Year Built
1932
Floor Size
244m2
Land Size
151479m2
Local Government
Northern Midlands
Lot/Plan
1/44885

Last Listing description (January 2010)

''BURLINGTON'nLOCATION
‘BURLINGTON’ IS SITUATED APPROXIMATELY 31 KM FROM THE CITY OF LAUNCESTON AND 10 KM FROM THE TOWN OF CRESSY IN THE HEART OF TASMANIA’S RICH NORTHERN MIDLANDS FARMLAND. THE PROPERTY ENJOYS IN EXCESS OF 10 KM OF FRONTAGE TO THE MACQUARIE RIVER AND BRUMBY’S CREEK.
PRODUCTION

CURRENTLY WITH A MILKING HERD (SPRING AND AUTUMN) OF APPROXIMATELY 800 FRIESIAN DAIRY COWS, SOURCED FROM THROUGHOUT SOUTHERN AUSTRALIA.
IN THE PAST ‘BURLINGTON’ HAS BEEN KNOWN FOR ITS POTATOES, PEAS, LUCERNE, POPPIES, CEREAL CROPS AND LIVESTOCK PRODUCTION AS A MIXED FARM.
IRRIGATION
WITH FRONTAGE TO THE MACQUARIE RIVER BELOW THE LAKE RIVER, THE OWNERS IS ENTITLED TO TAKE “AS MUCH WATER AS REASONABLY REQUIRED” FOR IRRIGATION (HYDRO ACT OF 1957) AND NO WATER LICENSE IS REQUIRED. APPROXIMATELY 325 HECTARES OVER SEVEN CIRCLES ARE IRRIGATED BY CENTRE PIVOTS. AN ADDITIONAL 22.9 HA HAS PIVOT IRRIGATION INFRASTRUCTURE IN PLACE AND A FURTHER 25 HA IS IRRIGATED VIA DAIRY EFFLUENT. WATER IS PUMPED VIA UNDERGROUND MAINS VARYING FROM 200 – 300 MM IN DIAMETER, WITH ENOUGH CAPACITY TO RUN ALL PIVOTS AT THE SAME TIME. THERE IS POTENTIAL TO DEVELOP MORE OF THE PROPERTY WITH IRRIGATION.
DAIRY IMPROVEMENTS
A 60 BALE ‘STATE OF THE ART’ ROTARY DAIRY, 5 X GRAIN SILOS, 2 X 32,000 LITRE MILK VATS, AMENITIES ROOM, SHOWER, TOILETS, COOLING PLANT AND 2 OFFICES. THE DAIRY WAS CONSTRUCTED IN EARLY 2008 AND INCLUDES A 600 COW YARD, A BEST PRACTICE EFFLUENT TREATMENT SYSTEM WITH SOLIDS SEPARATOR. EXTENSIVE GRAVEL LANEWAYS AND ELECTRIC FENCING HAVE BEEN CONSTRUCTED TO BEST UTILIZE THE PROPERTY.
FIXED IMPROVEMENTS
THE CIRCA 1920 BRICK HOMESTEAD SITS ON THE BANKS OF THE MACQUARIE RIVER, AT THE END OF A TREE-LINED DRIVEWAY, AND COMPRISES OF 4 BEDROOMS, AND FORMAL AND INFORMAL LIVING ROOMS. THE MANAGERS’ HOMESTEAD IS 5 BEDROOM, WITH A STUDY, OPEN LIVING ROOMS, AND 2 BATHROOMS. A 3 BEDROOM COTTAGE, CALF SHED, HAY BARNS, PUMP SHED STABLES AND THE “FOLLY TOWER “, OLD BAKERY AND BLACKSMITHS SHOP ARE ALL INCLUDED.
NB THE MAIN 1920’S HOMESTEAD SITS ON A SEPARATE 15 HA TITLE.
SOILS
RISING FROM ALLUVIAL TO THE HIGHLY SOUGHT AFTER PANSHANGER AND BRICKENDON SANDS – IDEAL FOR POTATOES, POPPIES AND GRASS PRODUCTION.
RAINFALL
ANNUAL RAINFALL 600 TO 650 MM PER ANNUM
AGENT’S COMMENTS
HELD BY THE OLIVER FAMILY FOR THE PAST 17 YEARS, “ BURLINGTON “ HAS BEEN IMPROVED AND UP-DATED TO A MODERN “STATE OF THE ART” FARM, WHILE STILL RETAINING MAY ON THE FEATURES OF ONE OF TASMANIA’S MOST WELL KNOW AND HISTORIC PROPERTIES. THE RECENT ADDITION OF THE DAIRY, WILL ALLOW THE PURCHASER THE OPTIONS OF A TRULY MIXED OPERATION WITH HIGH PRODUCTIVITY FROM UTILIZING THE UNIQUE WATER ENTITLEMENTS AFFORDED TO THE PROPERTY.
PLEASE CALL ROBERT HARRISON ON 0418 133 133

Property History for 157 Burlington Rd, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
$1,000,000
23 Dec 2009
  • 23 Dec 2009
    Sold for $1,000,000
  • 07 Nov 2009
    Listed for Sale Not Disclosed
  • 22 Feb 2008
    Sold for $5,000,000
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About Cressy 7302

The size of Cressy is approximately 585.1 square kilometres. It has 5 parks covering nearly 9.1% of total area. The population of Cressy in 2011 was 1,403 people. By 2016 the population was 1,131 showing a population decline of 19.4% in the area during that time. The predominant age group in Cressy is 0-9 years. Households in Cressy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cressy work in a managers occupation. In 2011, 68.1% of the homes in Cressy were owner-occupied compared with 66% in 2016.

Cressy has 579 properties. Over the last 5 years, Houses in Cressy have seen a 82.16% increase in median value. As at 31 October 2024:

  • The median value for Houses in Cressy is $409,127 while the median value for Units is $397,826.
  • Houses have a median rent of $420.
There are currently 5 properties listed for sale, and no properties listed for rent in Cressy on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Cressy.

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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.