1098 Glenora RoadPlenty TAS 7140
Property Details for 1098 Glenora Rd, Plenty
Last Listing description (March 2016)
'Ivanhoe' is gloriously located at the southern end of the Derwent Valley and has been lovingly maintained and developed into a magnificent property by its current owners. The property consists of two freehold titles and features a 4km frontage to the Derwent River.
The property is run as a cattle breeding and fattening operation with some cropping having been undertaken in the past.
It enjoys 550-600mm of rainfall per annum and has irrigation infrastructure extensively installed throughout, including a 40 ha centre pivot irrigator in perfect working order and the capacity to support additional irrigators. Water is readily available direct from the Derwent River with a water right of 400 ML. More water may be available upon negotiation.
There are two houses on the property with excellent potential to be brought back to their former glory. The main 4 bedroom homestead is presently unoccupied and the cottage is currently tenanted.
This is an excellent opportunity to purchase a substantial holding that has potential for further development into dairy, horticulture, grazing, cropping or lifestyle. It is 45 mins from Hobart and 10 mins to all shopping facilities at nearby New Norfolk.
Property History for 1098 Glenora Rd, Plenty, TAS 7140
- 24 Feb 2022Sold for $8,200,000
- 09 Oct 2015Sold for $3,520,000
- 19 Nov 2014Listed for Sale EXPRESSIONS OF INTEREST
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About Plenty 7140
The size of Plenty is approximately 32.5 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Plenty in 2011 was 232 people. By 2016 the population was 80 showing a population decline of 65.5% in the area during that time. The predominant age group in Plenty is 10-19 years. Households in Plenty are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Plenty work in a trades occupation. In 2011, 76.4% of the homes in Plenty were owner-occupied compared with 62.5% in 2016..
Plenty has 52 properties. Over the last 5 years, Houses in Plenty have seen a 61.40% increase in median value. As at 30 September 2024:
- The median value for Houses in Plenty is $438,632.
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