OFF MARKET

698 Shark Point Road
Penna TAS 7171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 113500m2
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Property Details for 698 Shark Point Rd, Penna

Building Type
Land
Land Size
113500m2
Local Government
Sorell
Lot/Plan
7/24962

Last Listing description (July 2021)

This 11:35 hectares or 28 acres of undulating and elevated bush and pasture land offers peaceful living and exceptional views. The expansive outlook includes Storm Bay, Tasman Peninsula, Seven Mile Beach, Cambridge and the waterways of Pittwater with Mount Wellington as the back drop.

Outbuildings are situated on the allotment offering basic accommodation and storage options. There is also a dam that can provide water for farming needs.

This rare offering provides an authentic opportunity to live out your dreams in a private estate encompassed by large tracts of bush and farmland. Adding to the benefits on offer, this fabulous allotment is only a 20 minute drive from the Hobart CBD or 10 minutes to the commercial hubs of Sorell and Cambridge.

Embrace a rural lifestyle whilst being close to all amenities and also to enjoy a fantastic and enviable lifestyle. There are multiple house sites which could capitalise on the range of amazing views on offer.
You must make an appointment to view this wonderful property as its seclusion means that it cannot be appreciated fully until you access the upper reaches.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information

Property History for 698 Shark Point Rd, Penna, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$480,000
15 May 2021
  • 15 May 2021
    Sold for $480,000
  • 29 Apr 2021
    Listed for Sale Offers Over $475,000
  • 03 Mar 2020
    Sold for $305,000
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About Penna 7171

The size of Penna is approximately 28.7 square kilometres. It has 4 parks covering nearly 2.4% of total area. The population of Penna in 2011 was 406 people. By 2016 the population was 420 showing a population growth of 3.4% in the area during that time. The predominant age group in Penna is 50-59 years. Households in Penna are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penna work in a professional occupation. In 2011, 81.6% of the homes in Penna were owner-occupied compared with 84.3% in 2016.

Penna has 201 properties. Over the last 5 years, Houses in Penna have seen a 63.49% increase in median value. As at 30 September 2024:

  • The median value for Houses in Penna is $829,364 while the median value for Units is $521,699.
There are currently 3 properties listed for sale, and no properties listed for rent in Penna on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Penna.

Suburb Insights for Penna 7171

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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.