OFF MARKET

1098 Glenora Road
Plenty TAS 7140

Bedrooms: 4
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 3187000m2
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Property Details for 1098 Glenora Rd, Plenty

Building Type
Rural
Year Built
1967
Floor Size
200m2
Land Size
3187000m2
Local Government
Derwent Valley
Lot/Plan
2/52974

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.

Improvements include a large machinery shed, former shearing shed now utilised for storage, hay barn, cattle yards, pump shed and reservoir tank.
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.

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Property History for 1098 Glenora Rd, Plenty, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$8,200,000
24 Feb 2022
  • 24 Feb 2022
    Sold for $8,200,000
  • 09 Oct 2015
    Sold for $3,520,000
  • 19 Nov 2014
    Listed 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 62.77% increase in median value. As at 30 November 2024:

  • The median value for Houses in Plenty is $455,614.
There are currently 1 property listed for sale, and no properties listed for rent in Plenty on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Plenty.

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