OFF MARKET

1 Naracoopa Esplanade
Naracoopa TAS 7256

Bedrooms: 2
Bathrooms: 3
Car spaces: -
Floor area: 505m2
Land area: 315400m2
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Property Details for 1 Naracoopa Esp, Naracoopa

1 Naracoopa Esp, Naracoopa is a 2 bedroom, 3 bathroom House and was built in 1955. The property has a land size of 315400m2 and floor size of 505m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1955
Floor Size
505m2
Land Size
315400m2
Local Government
King Island
Lot/Plan
1/142927

Last Listing description (July 2022)

You will never find another property like this, it is totally awe inspiring, showcasing nature at it's best. This is where artists, novelists, dreamers, people who are happy within themselves by themselves would wish to abide. It combines a rural setting with an ocean vista. The spring fed creek beside the home, runs all year. I fell in love with this property when I first inspected it, approx 75 acres with 1klm of ocean frontage. So hard to find tucked under the cliffs in a protected glen, with cliffs rising steeply behind the residence. Pristine oceans views, and a beautiful rural backdrop, no close neighbours, you could be a million miles away on your own deserted island. Have a rural lifestyle, run some cattle, grow your own produce, in the volcanic deep red soils or in the hothouses, run some poultry in the chook house. Watch the sun come up, go down to the beach or wharf and catch your evening meal. This property is an ideal residence or an income-producing opportunity, by letting out the 3 cabins, operating the 100 seat restaurant as often or as little as you may desire, supplemented your income from vealer production. Become self-sufficient, with your own meat, vegies, wild life and fish. A residence with distinctive European features, style, character views. Comprising pasture, huge stands of tea trees, plenty of dams, running water. The home has 4 bedrooms, 2 lounge rooms, one with a mezzanine floor, the restaurant can comfortably seat one hundred guests, complimented by male and female toilets and a commercial kitchen current food and liquor licenses as well as solar panels. If you have been dreaming of getting away from the day to day drudgery, want to find yourself and live the life, this has to be a prime opportunity to do so. Please note some photos taken when property occupied and operating, with a little love and care could be easily returned to it's former glory. Phone Business Broker Paul Scott on 0477 771 098. pauls@tasbps.com.au or Praveen Pant on 0432 256 682, admin@tasbps.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.

Property Code: 409

Property History for 1 Naracoopa Esp, Naracoopa, TAS 7256

A timeline of how this property has performed in the market
Last Sold
$1,300,000
30 Mar 2022
  • 30 Mar 2022
    Sold for $1,300,000
  • 13 Sep 2021
    Listed for Sale Offers over $1,500,000 negotiable
  • 18 Feb 2021
    Listed for Sale $1,500,000
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About Naracoopa 7256

The size of Naracoopa is approximately 4.3 square kilometres. It has 2 parks covering nearly 2.4% of total area. The population of Naracoopa in 2011 was 203 people. By 2016 the population was 60 showing a population decline of 70.4% in the area during that time. The predominant age group in Naracoopa is 70-79 years. Households in Naracoopa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Naracoopa work in a trades occupation. In 2011, 75.9% of the homes in Naracoopa were owner-occupied compared with 57.7% in 2016.

Naracoopa has 127 properties. Over the last 5 years, Houses in Naracoopa have seen a 56.98% increase in median value. As at 30 September 2024:

  • The median value for Houses in Naracoopa is $377,968 while the median value for Units is $186,710.
There are currently 2 properties listed for sale, and no properties listed for rent in Naracoopa on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Naracoopa.

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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.