OFF MARKET

5 Elliston Drive
Latrobe TAS 7307

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 208m2
Land area: 84020m2
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Property Details for 5 Elliston Dr, Latrobe

Building Type
Rural
Year Built
1996
Floor Size
208m2
Land Size
84020m2
Local Government
Latrobe
Lot/Plan
1/131492

Last Listing description (January 2023)

Here is your chance to be the next owner of this well established and productive olive grove in popular Latrobe in the heart of the Tasmanian North West Coast local food trail. The olive grove has been lovingly developed by the current owners over the past 20 years.
The property sits on an elevated North facing parcel of approx. 21 acres with lovely rural views and is extensively planted with 2100 olive trees half are 10 years old and the other half are 20 years old.

The property also features a 4 bedroom homestead, built in 1996. There is a sunlit kitchen and open plan living plus second living area with large bay windows and sliding doors to enjoy the gorgeous views over the grove and farmland beyond.
A commercial kitchen and cafe style building further enhances the potential here and there is a bore to water the trees via an irrigation system. There are many other chattels and infrastructure included to continue the successful operation of the property.
A short drive to Latrobe with easy access from the Bass Highway makes this a perfect lifestyle property with the added benefit of an established award-winning olive grove that has a proven track record of producing premium olive oil.
This spectacular property is now available for its next fortunate owner to take care of its future development and wellbeing.

We look forward to your enquiry for further information and inspection.

Other features include:
Solar Panels on house 10kw
Floor heating with separate controls
Commercial Kitchen with full fitout only 6 years old
Tank water
Bore
Storage containers for extra storage
Established vegetable garden and chicken run
Massey Ferguson Tractor

*The information contained herein has been supplied to us by sources which are considered reliable and we have no reason to doubt its accuracy. However, all interested parties should make their own enquiries to verify this information to be correct. All measurements are approximate and are for illustrative purposes only.

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Property History for 5 Elliston Dr, Latrobe, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$962,000
29 Sep 2022
  • 29 Sep 2022
    Sold for $962,000
  • 08 Dec 2021
    Listed for Sale $1,100,000
  • 02 Dec 1998
    Sold for $175,690

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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 2,739 properties. Over the last 5 years, Houses in Latrobe have seen a 78.06% increase in median value, while Units have seen a 72.29% increase. As at 30 September 2024:

  • The median value for Houses in Latrobe is $534,576 while the median value for Units is $427,775.
  • Houses have a median rent of $440 while Units have a median rent of $420.
There are currently 32 properties listed for sale, and no properties listed for rent in Latrobe on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Latrobe.

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