Located on the quiet Dalrymple Road in the heart of the tightly held and highly sought after Pipers River region, this fantastic property includes 181.24 hectares (447.84 acres) of 20 year old Eucalyptus Nitens (Shining Gum) trees due to be harvested by 2026 or before.
The property consists of 3 separate titles, with each title having access to 14 Mile Creek and several of the 10 dams for year round access to stock water. The property itself has an ever so slight gentle undulation, has an extensive network of define roadways/tracks and multiple access points.
Watters also features a 4 bed 2 bath home built in 1975 which is currently under lease, offering a potentially purchaser a future base for managing the property going forward.
The timber on 'Watters' is currently under lease for a healthy return, which affords a prospective purchaser the opportunity to stock the property today with cattle or sheep which would improve these returns in the shorter period prior to development.
Land of this quality, scope and location is rarely offered in Tasmania and should be of interest to any purchasers looking to further develop Watters on the completion of Timber harvesting to prime agricultural land or potentially develop the 3 individual titles and re-market as lifestyle properties.
Watters is for sale by Expressions of Interest, for further information on this exciting opportunity, to arrange an inspection or request an Information Memorandum and lease documents, please don't hesitate to make contact with Rowan Fitch at Harrison Agents.
The size of Mount Direction is approximately 96 square kilometres. It has 6 parks covering nearly 9.9% of total area. The population of Mount Direction in 2011 was 819 people. By 2016 the population was 244 showing a population decline of 70.2% in the area during that time. The predominant age group in Mount Direction is 60-69 years. Households in Mount Direction are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Direction work in a trades occupation. In 2011, 85.6% of the homes in Mount Direction were owner-occupied compared with 84% in 2016..
Mount Direction has 121 properties. Over the last 5 years, Houses in Mount Direction have seen a 79.22% increase in median value. As at 31 October 2024:
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