OFF MARKET

32 Watts Road
Paradise TAS 7306

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 3013m2
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Property Details for 32 Watts Rd, Paradise

Building Type
Land
Year Built
1900
Floor Size
110m2
Land Size
3013m2
Local Government
Kentish
Lot/Plan
1/182173

Last Listing description (January 2022)

Here is a genuine opportunity to take ownership of a property and put your own stamp and sense of identity. The vendors have recently undertaken a boundary adjustment with the adjoining title to increase the size of this allotment to 4.73 acres (1.918 hectares) and “neaten” the boundaries to be more user friendly. The boundary adjustment has now included all the building infrastructure that previously was closely adjacent on either side of the previous boundary. They have installed a water bore with a flow rate of 7200 litres per hour (1600 gallons) approximately of highly potable water, more than sufficient for domestic, stock and garden usage. They have updated the 2 bedroom residence to a point where they believe a new owner can now do their own thing.

The cottage (Circa 1900) is formed as two bedroom, open plan kitchen plus dining and lounge area, combination bathroom, wc and laundry with separate bath and shower options. The cottage has an area of 110 square metres not including decking and is a well-lit home with generous window sizes allowing natural light. The cottage exterior is a combination of colourbond, synthetic weatherboard and sheet cladding which along with the roof have been freshly painted by the vendors. The interior of the cottage is predominantly timber panelling and plasterboard. There are currently no window or floor furnishings as the vendors stripped back awaiting a new owners choice of furnishings to suit, flooring is currently bare composite timber floor sheeting. The home is more than adequately warmed with the free standing Ultimate wood heater. A new shower unit has been installed in the bathroom, the old bath has been removed.

The title has numerous outbuildings, including a garage/storage shed capable of undercover parking for 3 vehicles, a disused walk through dairy (awaiting some tlc to the roof), utility shed/barns suitable for animal husbandry. A secondary home, not currently habitable that the vendors have left as a project for a new owner who may wish to restore and could serve in the future for farm stay accommodation (STCA); as mentioned it would be a project but the footprint is there with options for new owners for the future.

The property is set on gentle slope with a predominantly northern aspect situated, in the lee of the magnificent Mount Roland which forms a backdrop as you enter, and is ever present to the property in this very private and idyllic setting. Another advantage is the microclimate, as the property is a bit of a suntrap, sheltered from the prevailing south-westerly winds that bring the winter chill in more exposed sites of the region. The balance of the title grounds is currently sown to pasture, with no internal fencing, which will allow a new owner to create a paddock plan to suit their wishes and requirements.

An exciting option for prospective purchasers may well be the opportunity of purchasing a second title adjoining with 88.766 acres of grazing country being available for purchase if new owners wanted greater agricultural acreage and development options. The new boundary with the adjoining title has simple wire electric fencing due to the use for grazing of dairy followers. Both properties are listed with Sushames Real Estate, contact Neil Colbeck to discuss this option further and visit the Sushames website for an overview.

Sushames Real Estate trusts in the information in this document which has been sourced from means which are considered reliable. Prospective purchasers are recommended to carry out their own due diligence regarding permits, measurements, and boundary positions prior to settlement.

Please contact Neil Colbeck for further information.
Inspections by pre arranged appointment only.

Property History for 32 Watts Rd, Paradise, TAS 7306

A timeline of how this property has performed in the market
Last Sold
$105,000
19 Feb 2019
  • 08 Oct 2021
    Listed for Sale Offers over $375,000
  • 19 Feb 2019
    Sold for $105,000
  • 05 Dec 2018
    Listed for Sale Reduced to $539,000
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About Paradise 7306

The size of Paradise is approximately 40.4 square kilometres. It has 5 parks covering nearly 34.5% of total area. The population of Paradise in 2011 was 302 people. By 2016 the population was 111 showing a population decline of 63.2% in the area during that time. The predominant age group in Paradise is 50-59 years. Households in Paradise are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Paradise work in a managers occupation. In 2011, 82.7% of the homes in Paradise were owner-occupied compared with 83.4% in 2016..

Paradise has 66 properties. Over the last 5 years, Houses in Paradise have seen a 65.23% increase in median value. As at 31 October 2024:

  • The median value for Houses in Paradise is $559,922.
There are currently 2 properties listed for sale, and no properties listed for rent in Paradise on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Paradise.

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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.