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Sold on 03 Jul 2024 - Price Unavailable

Bridport Road
Pipers River TAS 7252

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2512000m2
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Property Details for Lot 2 Bridport Rd, Pipers River

Building Type
Commercial
Land Size
2512000m2
Local Government
George Town
Lot/Plan
2/147450

Last Listing description (September 2024)

Tasmania is currently experiencing a high demand for quality agricultural land with supply and availability at an all-time minimum. Endymon represents to the market a broader opportunity of untapped potential to earn a forestry lease and graze livestock ahead of the tree harvest.

Endymon once a productive farm (before being planted to forestry) is located 2.5 km to the West of the Pipers River shop along Bridport road, only 36 minutes from Launceston or 25 minutes from Bridport. Included in this fine property is 251.2 hectares (620.71 acres) of sandy loam plains featuring multiple natural watercourses and dams on the property.

With an approximate annual rainfall of 675mm, livestock dams, a spring and further irrigation water to come, the potential for Endymon to become a highly productive landholding on versatile soils will come as no surprise.

The property consists of a series of gravel roadways and is accessed off Bridport Road via a right of way through a neighbouring property. The timber on the property is under lease until 2025 when it will be harvested on or before at the cost and profit returned to the lessee.

The area is becoming much more accustomed to higher-value agriculture and horticulture. Access to the Tamar Irrigation Scheme and potential water take and pipeline nearby to service a proposed green hydrogen project at Bell Bay.

Whether you're a land banker looking to take advantage of a steep discount to developed country prices or a grazier/cropper wanting to expand the reliability and scale of your production, Endymon needs to be seen to be believed.

Endymon is for sale by Expressions of Interest, for further information on this exciting opportunity, to arrange an inspection or to request lease documents, please don't hesitate to contact Rowan Fitch at Harrison Agents.

Property History for Lot 2 Bridport Rd, Pipers River, TAS 7252

A timeline of how this property has performed in the market
Last Sold
03 Jul 2024
  • 10 Sep 2024
    Listed for Sale Interest from $2.1m
  • 04 Jul 2024
    Listed for Sale Interest from $2.1m
  • 03 Jul 2024
    Sold
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About Pipers River 7252

The size of Pipers River is approximately 169.5 square kilometres. It has 5 parks covering nearly 47.9% of total area. The population of Pipers River in 2011 was 383 people. By 2016 the population was 435 showing a population growth of 13.6% in the area during that time. The predominant age group in Pipers River is 50-59 years. Households in Pipers River are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pipers River work in a labourer occupation. In 2011, 82.6% of the homes in Pipers River were owner-occupied compared with 85.1% in 2016.

Pipers River has 219 properties. Over the last 5 years, Houses in Pipers River have seen a 76.40% increase in median value. As at 31 October 2024:

  • The median value for Houses in Pipers River is $639,639 while the median value for Units is $339,240.
There are currently 4 properties listed for sale, and no properties listed for rent in Pipers river on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Pipers river.

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Harrison Agents Launceston
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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.