OFF MARKET

733 Arthur River Road
Marrawah TAS 7330

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 368m2
Land area: 28087000m2
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Property Details for 733 Arthur River Rd, Marrawah

Building Type
Rural
Year Built
1987
Floor Size
368m2
Land Size
28087000m2
Local Government
Circular Head
Lot/Plan
1/101619

Last Listing description (August 2024)

LAWD is pleased to present for sale Westmore, a large scale premium beef grazing operation located in the Circular Head region of north-west Tasmania, one of Australia's most productive livestock regions.

Key Investment Highlights
- A large-scale premium beef grazing / dairy operation located in one of Australia's most productive livestock grazing regions

- One of the largest contiguous holdings in Tasmania (3,368* hectares) with 2,809* hectares (83%) considered grazing and the balance (559* hectares) comprising remnant vegetation / support
- Currently utilised as a beef cattle grazing operation however conducive to a range of agricultural pursuits including dairy
- Total sustainable carrying capacity of 60,000* Dry Sheep Equivalents (DSE)
- Extensively developed with improved pastures, subdivided paddocks utilised for cell grazing, fencing, laneways and stock handling facilities, greatly enhancing productivity
- Secure livestock water is sourced from four active groundwater bores as well as a large catchment dam (100* megalitres), surface water dams and rainwater tanks
- Fit-for-purpose structures include an office, machinery sheds, hay sheds, workshop, licenced gravel pit, cattle yards complex and a further three sets of cattle yards
- Accommodation includes a four-bedroom brick homestead, three cottages and workers quarters
- Features rolling land types with expansive panoramic vistas across the north-west coast of Tasmania
- Strategically located in the Circular Head region of north-west Tasmania, benefited by highly reliable rainfall (average annual rainfall of 1,072* millimetres), approximately 35* kilometres from Smithton, 105* kilometres from Burnie and 210* kilometres from Launceston

Westmore is being offered to the market by Expression of Interest closing 12pm (AEST) Thursday 13 June 2024.

*approximately

Property History for 733 Arthur River Rd, Marrawah, TAS 7330

A timeline of how this property has performed in the market
Last Sold
$11,500,000
27 Mar 2015
  • 17 May 2024
    Listed for Sale EOI
  • 27 Mar 2015
    Sold for $11,500,000
  • 27 Feb 2014
    Listed for Sale PRICE BY NEGOTIATION OVER $12,000,000
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About Marrawah 7330

The size of Marrawah is approximately 144.5 square kilometres. It has 5 parks covering nearly 45.7% of total area. The population of Marrawah in 2011 was 374 people. By 2016 the population was 139 showing a population decline of 62.8% in the area during that time. The predominant age group in Marrawah is 50-59 years. Households in Marrawah are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Marrawah work in a managers occupation. In 2011, 57.9% of the homes in Marrawah were owner-occupied compared with 68.3% in 2016..

Marrawah has 128 properties. Over the last 5 years, Houses in Marrawah have seen a 122.51% increase in median value. As at 31 October 2024:

  • The median value for Houses in Marrawah is $477,682 while the median value for Units is $404,613.
There are currently 1 property listed for sale, and no properties listed for rent in Marrawah on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Marrawah.

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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.