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.
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!
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:
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