OFF MARKET

120 Rosevears Drive
Lanena TAS 7275

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 111m2
Land area: 2917m2
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Property Details for 120 Rosevears Dr, Lanena

120 Rosevears Dr, Lanena is a 4 bedroom, 2 bathroom House and was built in 1920. The property has a land size of 2917m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in December 2001.

Building Type
House
Year Built
1920
Floor Size
111m2
Land Size
2917m2
Local Government
West Tamar
Lot/Plan
1/174512

Last Listing description (August 2024)

The property is situated on a popular tourist route in the heart of the West Tamar River's gourmet food and wine growing area, 20km north of Launceston and boasting the ultimate in sensational panoramic river and distant mountain views. The superb 24-year-old imposing residence, plus three retail shops offer you the opportunity to purchase a work from home lifestyle. The home alone would be worth approximately $850,000 and the shops approximately $600,000.

The property offered consists of a four-bedroom brick home on three levels. The top floor houses all of the bedrooms (one currently used as a sunroom, north facing and enjoying all day sun and magnificent views) and a bathroom. Three of the bedrooms having direct access to the upper veranda which covers the side and rear of the house. The first floor at ground level is comprised of a large lounge/dining room with a separate dining and family room, a kitchen, a walk-in pantry, a utility room and second toilet. On this level is the lower veranda which also covers the side and rear of the house, this side veranda can be used as a carport. The lowest level at the rear of the house consists of a large laundry/workshop, a third toilet and shower room (shower not yet installed) and a storage room. The house is warmed and cooled by the use of reverse cycle air conditioning. There is also a three car lock up garage at the rear of the house, accessed by the driveway around the side of the house, and on the other side of the house is space to park more vehicles.

Also offered and situated within the acre grounds and with road frontages are three commercial retail shops. The first one (until recently) was leased out and operated as a computer store (selling and repairing computers etc.) The second shop also leased out was operating as a white wood furniture outlet. The third is a fully equipped fish and chips or takeaway shop complete with cool room, fridges, fryers, ovens etc. None of these shops are currently operating and do need refurbishing.

With low density residential zoning, you will need a planning permit for a business (ie. Potential restaurant, caf etc.) ample parking and plenty of tourist and local traffic the commercial potential is extensive.

Ideally located just a couple of kilometres from the town of Exeter which offers schools (primary and high), bank, supermarkets, postal and medical services, and golf course and more.

Property History for 120 Rosevears Dr, Lanena, TAS 7275

A timeline of how this property has performed in the market
Last Sold
$255,000
14 Dec 2001
  • 24 Apr 2024
    Listed for Sale $1,195,000
  • 07 Jan 2023
    Listed for Sale $1,195,000
  • 19 Nov 2019
    Listed for Sale $749,000 - $799,000
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About Lanena 7275

The size of Lanena is approximately 3 square kilometres. It has 1 park. The population of Lanena in 2011 was 314 people. By 2016 the population was 311 showing a population decline of 1.0% in the area during that time. The predominant age group in Lanena is 60-69 years. Households in Lanena are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lanena work in a professional occupation. In 2011, 83.1% of the homes in Lanena were owner-occupied compared with 73.3% in 2016.

Lanena has 176 properties. Over the last 5 years, Houses in Lanena have seen a 57.70% increase in median value, while Units have seen a 142.83% increase. As at 31 October 2024:

  • The median value for Houses in Lanena is $601,099 while the median value for Units is $583,148.
  • Houses have a median rent of $390.
There are currently 4 properties listed for sale, and no properties listed for rent in Lanena on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Lanena.

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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.