OFF MARKET

220 Horns Road
Riana TAS 7316

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 142m2
Land area: 683286m2
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Property Details for 220 Horns Rd, Riana

Building Type
Rural
Year Built
1961
Floor Size
142m2
Land Size
683286m2
Local Government
Central Coast
Lot/Plan
1/227040

Last Listing description (August 2022)

Harrison Agents are proud to present for sale this blue chip grazing & cropping property at Riana, located 20 kilometres South West of Penguin on Tasmania's North West coast. This phenomenal property comprises approximately 174.2 Ha (430.4 Ac) of gentle undulating land with that highly desirable red basalt soil underfoot & multiple water sources along with homes and numerous sheds.

With today's emphasis on versatile rural property including strong soils and above average rainfall, Horns Road Riana is an outstanding aggregation of 6 titles all adjoining each other surrounding a central management hub. The development of this property began in 1923, and has since had a successful history in potato production & beef cattle, winning countless awards over the years within the state.

The property is located on a tributary to the Blythe River and holds a current water licence and receives on average 1084mm of rain annually. The property also has a bore and rainwater storage tanks.

Of the total area included in the sale approx 132 Ha (326.2 Ac) is considered arable, 24 Ha (59.3 Ac) is natural bush & 8.8 Ha (21.7 Ac) is ready to harvest Eucalyptus Nitens production timber. Of the arable area the soils range from rich Red basalt soils over the majority of the land whilst grey loam sand is found over approx. 6 Ha in the North east corner. A recently built high quality perimeter fencing borders the property to protect pasture.

A walk in walk out sale is sought with two homesteads.The 1928 Henderson homestead, set amongst mature, easy care gardens is a stylish blend of historic homestead with a modern charm. This beautiful home includes three spacious bedrooms, stunning kitchen with views out to the Bass Strait, and ducted heating.The second 4 bedroom residence also has sweeping 180 degree views, a new ducted air conditioning system providing heat throughout, a newly renovated bathroom and a large garage with internal access. There is a separate studio/farm office or teenagers retreat providing versatile options. There is a large workshop, 4 bay machinery shed, seed potato shed, equipment shed, stockyards, machinery & many other features included in the sale.

Properties of this calibre & productivity rarely present themselves on the market. Astute property investors will immediately recognise 220 Horns Road, Riana as a high yielding land bank of the future!

Harrison Agents Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on

Property History for 220 Horns Rd, Riana, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$4,971,000
28 May 2022
  • 28 May 2022
    Sold for $4,971,000
  • 26 Apr 2022
    Listed for Sale Expressions of Interest - Closing 24th May 2022

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About Riana 7316

The size of Riana is approximately 58.2 square kilometres. It has 6 parks covering nearly 29.8% of total area. The population of Riana in 2011 was 325 people. By 2016 the population was 326 showing a population growth of 0.3% in the area during that time. The predominant age group in Riana is 50-59 years. Households in Riana are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riana work in a managers occupation. In 2011, 79.8% of the homes in Riana were owner-occupied compared with 76.3% in 2016.

Riana has 163 properties. Over the last 5 years, Houses in Riana have seen a 73.65% increase in median value. As at 30 September 2024:

  • The median value for Houses in Riana is $601,150.
There are currently 2 properties listed for sale, and no properties listed for rent in Riana on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Riana.

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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.