OFF MARKET

224 Summerleas Road
Kingston TAS 7050

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 163m2
Land area: 608000m2
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Property Details for 224 Summerleas Rd, Kingston

Building Type
Rural
Floor Size
163m2
Land Size
608000m2
Local Government
Kingborough
Lot/Plan
3/60242

Last Listing description (January 2023)

This property suits a variety of uses and can be just about anything you want it to be. Only 15 minutes away from the Hobart CBD with excellent income earning potential, the property is some 60.8 hectares. Available to lease as a whole or with the option to lease only the portion that you need.

It's currently set up as a horse-riding school and agistment centre with arenas, stables, a clubhouse, agistment paddocks and kilometres of private bush trails.

With 30 fenced paddocks which range from a quarter acre to 9 acres. In its current capacity, it can comfortably accommodate more than 40 horses with excellent demand for agistment in the Kingborough area.

In addition to the commercial land, there is a substantial log cabin style home with 4-5 bedrooms and 2 bathrooms. It's secluded, practical and functional, available on a separate residential lease.

Other features include:
20 km of walking, running or riding trails
A clubhouse with town water and three-phase power
A large riding arena (a flat, open space which can be repurposed)
Thirty fenced paddocks for horse agistment (water runs to each)
A round yard
Corrals
6 covered holding stalls
Hay sheds
5 stables
A wash bay
A huge tack shed with three phase power
A well-sized gravel & gated parking area
Water running to the majority of the property
Water views from most of the property

The property is suited to a wide range of different purposes and the owners are happy to consider any business, so your imagination is the limit here.

Lease terms are flexible depending on:
Type of business
How much land you require for your business
Length of lease

The existing gravel road which is in good condition & already offers full access, will be fully sealed in the near future for further convenience.

Property History for 224 Summerleas Rd, Kingston, TAS 7050

A timeline of how this property has performed in the market
Last Sold
$830,000
24 Apr 2015
Listed for Rent
$1.61k/w
25 Jan 2023
  • 25 Jan 2023
    Listed for Rent - Price not available
  • 03 Jul 2019
    Listed for Rent - Price not available
  • 08 Mar 2019
    Listed for Rent - Price not available
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About Kingston 7050

The size of Kingston is approximately 37.3 square kilometres. It has 29 parks covering nearly 8.9% of total area. The population of Kingston in 2011 was 9,759 people. By 2016 the population was 10,400 showing a population growth of 6.6% in the area during that time. The predominant age group in Kingston is 0-9 years. Households in Kingston are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kingston work in a professional occupation. In 2011, 69.2% of the homes in Kingston were owner-occupied compared with 67.3% in 2016.

Kingston has 6,063 properties. Over the last 5 years, Houses in Kingston have seen a 43.57% increase in median value, while Units have seen a 44.06% increase. As at 31 October 2024:

  • The median value for Houses in Kingston is $727,543 while the median value for Units is $563,098.
  • Houses have a median rent of $595 while Units have a median rent of $495.
There are currently 31 properties listed for sale, and 9 properties listed for rent in Kingston on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in Kingston.

Suburb Insights for Kingston 7050

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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.