OFF MARKET

3340 Lake Leake Road
Lake Leake TAS 7210

Bedrooms: 8
Bathrooms: 4
Car spaces: 8
Floor area: 475m2
Land area: 221459m2
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Property Details for 3340 Lake Leake Rd, Lake Leake

Building Type
Land
Floor Size
475m2
Land Size
221459m2
Local Government
Northern Midlands
Lot/Plan
2/103984

Last Listing description (May 2019)

This slice of natural heaven is a once in a lifetime opportunity for one lucky buyer...
Boasting 44 hectares of stunning and serene beauty, we dare anyone to find something remotely close to this natural haven and wonderland at such a jaw dropping price!

With only a short 60 minute drive from Launceston airport, this picturesque property is perfectly located in the heart of the Tasmanian East Coast Highlands and is within striking distance of all the natural wonders of this amazing State. One of the truly unique delights of this property is the 32 Ha (approx.) private lake known as Lake Yalleena which is an incredible magnet for an abundant selection of wildlife, is ideal for the boating or fishing enthusiast, and has the perfect backdrop for sunrises and sunsets to relax and unwind in.
Lake Yalena Holiday Cabins comprises of 4 self-contained cabins (all offering lake views) and a large 4 bay machinery shed with adjoining single lock up garage, situated on 12 Ha of mixed bushland which makes up the balance of the property. Currently 3 cabins are let as holiday accommodation and the 4th cabin is the Managers Residence. All cabins are well appointed, have 2 bedrooms, a bathroom, living/dining, and are serviced by cosy wood heaters.
The lake itself is a pristine environment that's home to a vast variety of food sources for trout, which have historically reached up to 10lbs! The property is currently run at the lower end of its potential (without advertising or promotion) and has a massive growth opportunity from reinstating the trout fishery, or introducing wellness retreats, or other activities such as horse riding, motor bike tours or a combination of all these activities and more. There is also the potential to grow the accommodation or incorporate a caf (both STCA). Alternatively you could just keep it all for yourself or complete the approved strata title plan to subdivide the 4 cabins onto their own titles. Whichever way you look at it the opportunities with this property are endless.
This property truly is a small slice of heaven and an opportunity not to be missed by those looking for a genuine tree change - with the added bonus of an income, and the massive potential to increase that income for those with the drive and vision (hint, hint .given the proximity to Tasmania's East Coast, combined freshwater and saltwater fishing adventure packages may be an option).
Taking in the calming vistas of your own lake, this is the perfect base to explore magnificent Tasmania. You, or your guests, can explore:
Hobart in just under 2 hours;
Launceston 1 and 1/4 hours;
Wine Glass Bay is approx. 1 hour;
Bay of Fires approx. 2 hours;
Port Arthur approx. 2.5 hours;
Local wineries and waterfalls in the area which are at your fingertips.
To arrange an inspection or for more information, contact Adrian Foster now on 0412 494 907

Property History for 3340 Lake Leake Rd, Lake Leake, TAS 7210

A timeline of how this property has performed in the market
  • 10 Oct 2018
    Listed for Sale OWN YOUR OWN LAKE WITH 4 CABINS!
  • 03 Jun 2017
    Listed for Sale Price on Application
  • 23 Feb 2013
    Listed for Sale OFFERS OVER $620,000
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About Lake Leake 7210

The size of Lake Leake is approximately 403.9 square kilometres. It has 20 parks covering nearly 85.7% of total area. The population of Lake Leake in 2011 was 993 people. By 2016 the population was 40 showing a population decline of 96.0% in the area during that time. The predominant age group in Lake Leake is 60-69 years. Households in Lake Leake are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Leake work in a labourer occupation. In 2011, 67% of the homes in Lake Leake were owner-occupied compared with 94.7% in 2016..

Lake Leake has 95 properties. Over the last 5 years, Houses in Lake Leake have seen a 114.96% increase in median value. As at 30 September 2024:

  • The median value for Houses in Lake Leake is $411,731 while the median value for Units is $401,608.
There are currently no properties listed for sale, and no properties listed for rent in Lake leake on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Lake leake.

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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.