OFF MARKET

1334 Nicholls Rivulet Road
Nicholls Rivulet TAS 7112

Bedrooms: 1
Bathrooms: 1
Car spaces: 4
Land area: 50440m2
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Property Details for 1334 Nicholls Rivulet Rd, Nicholls Rivulet

1334 Nicholls Rivulet Rd, Nicholls Rivulet is a 1 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 50440m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Land Size
50440m2
Local Government
Huon Valley
Lot/Plan
1/213974

Last Listing description (August 2019)

This is a special property in a special location and is only a few minutes drive from the vibrant township of Cygnet; well known for its cafes, restaurants, services and happy community.
Comprising some five hectares / twelve + acres, the current owners searched for a number of years for the ideal location upon which to establish a Truffle farm which is now in early stage production. As a result, the property comprises the following:
900 Oak trees inoculated with Perigord Black Truffles

200 Poplar trees inoculated with Italian White Truffles
100 sweet Chestnut trees
100 walnut trees
50 Waratahs of various varieties
The property itself is fortunate enough to be connected to town water, has a spring fed dam and borders Nicholls Rivulet itself; plenty of water supply for the current use, keeping of animals or other growing ventures. The Truffery has an underground, automated irrigation system which is remotely operated (NBN) via its own private weather station.
Also located on the property is a rustic, character one bedroom home (not council approved) which used to operate as a pickers hut in its earlier years. A large barn style machinery shed borders the main entrance and a further machinery shed is also a bonus.
This an ideal property from which to found some form of business venture given its close proximity to Cygnet as well as being on a popular tourist route with regular passing trade.
Of course there is also plenty of space to build a substantial home and for those still working, Hobart City is a thirty minute drive away.
The property is being sold on a 'walk in, walk out' basis complete with a large range of tools and equipment. A Kubota tractor / front end loader with various implements plus a Kubota zero turn mower can also be purchased. Even included is the resident flock of Geese which are ideal for pest and grass reduction.
Further information relating to the Truffery and history of the property is available and the current owners are happy to provide training plus ongoing advice if required. Please note that there is no established business being offered as part of the sale.
We have obtained all information in this document from sources we believe to be reliable however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1334 Nicholls Rivulet Rd, Nicholls Rivulet, TAS 7112

A timeline of how this property has performed in the market
Last Sold
$560,000
07 Aug 2020
  • 07 Aug 2020
    Sold for $560,000
  • 28 Oct 2019
    Listed for Sale Offers Around $650,000
  • 21 Dec 2018
    Listed for Sale Offers Over $650,000
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About Nicholls Rivulet 7112

The size of Nicholls Rivulet is approximately 36.5 square kilometres. It has 2 parks covering nearly 15.4% of total area. The population of Nicholls Rivulet in 2011 was 309 people. By 2016 the population was 307 showing a population decline of 0.6% in the area during that time. The predominant age group in Nicholls Rivulet is 60-69 years. Households in Nicholls Rivulet are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nicholls Rivulet work in a professional occupation. In 2011, 79.8% of the homes in Nicholls Rivulet were owner-occupied compared with 83.9% in 2016.

Nicholls Rivulet has 190 properties. Over the last 5 years, Houses in Nicholls Rivulet have seen a 64.67% increase in median value. As at 30 November 2024:

  • The median value for Houses in Nicholls Rivulet is $767,709.
There are currently 2 properties listed for sale, and no properties listed for rent in Nicholls rivulet on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Nicholls rivulet.

Suburb Insights for Nicholls Rivulet 7112

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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.