OFF MARKET

298 Coal Hill Road
Latrobe TAS 7307

Bedrooms: 7
Bathrooms: 5
Car spaces: 3
Floor area: 436m2
Land area: 159960m2
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Property Details for 298 Coal Hill Rd, Latrobe

298 Coal Hill Rd, Latrobe is a 7 bedroom, 5 bathroom House with 3 parking spaces and was built in 1994. The property has a land size of 159960m2 and floor size of 436m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
1994
Floor Size
436m2
Land Size
159960m2
Local Government
Latrobe
Lot/Plan
3/48796

Last Listing description (February 2022)

It's our absolute pleasure to bring this stunning property to market on behalf of our vendors, who have worked tirelessly over the years to create a lucrative opportunity for its future owners to continue on with Sherwood View accommodation! Maybe a sea change is on the cards for you? An opportunity to be self employed presents itself here, with this thriving accommodation business set out on a private 40 acre (approx) block.
The acreage is divided into 7 paddocks with 4 dams, a bore plus there is a 3 bay Colorbond machinery shed in one of the paddocks, perfect for hay storage and the tractor plus all of the implements. The property consists of 4 fully self contained apartments plus the large renovated 2 bedroom dwelling/owners quarters featuring large sunny living areas, stunning gourmet kitchen, Tasmanian Pellet Fire and an ensuite in the main bathroom. A lovely paved BBQ area flows from the dining room too. A double garage with a carport takes care of the parking.
The accommodation business has been established for approx 15 years with regular corporate clientele and many forward bookings into the future. Listed on all of the booking sites Sherwood View accommodation still has potential for growth as well! With a fully set up office, the new owners can simply move in and hit the ground running!

A large separate 2 storey American barn is currently leased to the Quiet Cone operator and boasts a large function room, 5 treatment rooms, male, female and disabled toilets, a full size caf and shop. The Cone itself is separate to this building and is 10mx10m (approx) in size. The American barn plus the Cone have their own separate services and infrastructure including a 5kw inverter and 20 panels to save on those power bills. The Quiet Cone business is leased until 2021 at $330 per week.
Tourist sites including Cradle Mountain, Lake Barrington, Christmas Hills Raspberry Farm, Mole Creek Cave Tours and much more are all within a 2 hour radius. Manicured grounds, hidden pathways with little nooks and crannies for guests to relax, Sherwood View is approx 20 minutes to the Devonport Airport. Call the listing agent, Leigh Jordan today for a private viewing!

Property History for 298 Coal Hill Rd, Latrobe, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$1,000,000
21 Jan 2021
  • 21 Jan 2021
    Sold for $1,000,000
  • 10 Dec 2019
    Listed for Sale $1,380,000
  • 14 Jul 2003
    Sold for $380,000
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About Latrobe 7307

The size of Latrobe is approximately 62.8 square kilometres. It has 12 parks covering nearly 7.1% of total area. The population of Latrobe in 2011 was 3,897 people. By 2016 the population was 4,155 showing a population growth of 6.6% in the area during that time. The predominant age group in Latrobe is 60-69 years. Households in Latrobe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Latrobe work in a trades occupation. In 2011, 69.1% of the homes in Latrobe were owner-occupied compared with 68.2% in 2016.

Latrobe has 2,742 properties. Over the last 5 years, Houses in Latrobe have seen a 79.51% increase in median value, while Units have seen a 70.36% increase. As at 31 October 2024:

  • The median value for Houses in Latrobe is $534,481 while the median value for Units is $432,190.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 30 properties listed for sale, and 1 property listed for rent in Latrobe on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Latrobe.

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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.