With endless possibilities here on offer, you will only be limited by your imagination!
This property offers investors/developers the opportunity to secure a magnificent waterfront property that has excellent development potential with existing quality infrastructure.
As well as the brilliant location, this 4.079 hectare property offers a 5 bedroom owner's retreat plus several other buildings and 200 meters of water frontage adjoining the Crown Reserve. It is situated on the Arthur Highway, approximately 2 kilometres from the Port Arthur Historic Site, and is accessed via a picturesque asphalted roadway.
There is so much potential here! The property would be suitable for developing as a superb private residence offering total privacy and easy access to the serene waterfront. Alternatively, the property has the potential to be developed in a number of ways, such as sympathetically adding eco-cabins, luxury or family accommodation nestled amongst the towering native trees, a health resort, guest house, bed & breakfast accommodation or it could be strata titled (all stca).
The dam on the property provides water for fire prevention and can also be used for watering the gardens.
Approximately 1 hour 20 minutes from Hobart, 10 minutes from the local school, medical centre, and only a few minutes to the Port Arthur Historic Site, cafes, beaches and boat ramps.
The size of Port Arthur is approximately 56.5 square kilometres. It has 5 parks covering nearly 31.3% of total area. The population of Port Arthur in 2011 was 254 people. By 2016 the population was 242 showing a population decline of 4.7% in the area during that time. The predominant age group in Port Arthur is 60-69 years. Households in Port Arthur are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Port Arthur work in a labourer occupation. In 2011, 80.8% of the homes in Port Arthur were owner-occupied compared with 83.3% in 2016.
Port Arthur has 442 properties. Over the last 5 years, Houses in Port Arthur have seen a 77.17% increase in median value. As at 31 October 2024:
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