OFF MARKET

131-139 Lilydale Road
Rocherlea TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20190m2
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Property Details for 131-139 Lilydale Rd, Rocherlea

Building Type
Commercial
Year Built
1991
Land Size
20190m2
Local Government
Launceston
Lot/Plan
1/36135

Last Listing description (March 2021)

An exceptional offering, this substantive 2 ha/5 acre property on the Rocherlea industrial periphery boasts a quality warehouse, lock-up garage/storage shed, an attractive two bedroom 'caretakers' home plus enormous upside with the inherent development potential afforded in the balance land.
Features of 131-139 Lilydale Road include:
- level site of some 20190 sqms

- extensive 261 metre frontage to Lilydale Road
- secure 485sqm contractors style workshop/warehouse
- separate 92sqm lock up garage/storage shed
- appealing two bedroom brick 'caretakers' home
- beneficial General Industrial zoning overlay
- potential for cluster warehouse development and fuel
stop/convenience outlet(s.t.c.a)
- concept plan prepared for 8 lot development
- mains infrastructure and services run into the property
- passing rent income from three tenancies of approx. $5300 per month gross

A prudent buy either to occupy, invest, subdivide & develop or just land bank.

Contact Ian Singline for further details.

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Property History for 131-139 Lilydale Rd, Rocherlea, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$750,000
11 Nov 2020
  • 11 Nov 2020
    Sold for $750,000
  • 16 Aug 2019
    Listed for Sale For Sale by EOI Offer
  • 17 Jun 1988
    Sold for $32,500

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About Rocherlea 7248

The size of Rocherlea is approximately 30.6 square kilometres. It has 9 parks covering nearly 6.5% of total area. The population of Rocherlea in 2011 was 1,088 people. By 2016 the population was 1,093 showing a population growth of 0.5% in the area during that time. The predominant age group in Rocherlea is 0-9 years. Households in Rocherlea are primarily single parents and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Rocherlea work in a labourer occupation. In 2011, 28.5% of the homes in Rocherlea were owner-occupied compared with 25.8% in 2016.

Rocherlea has 580 properties. Over the last 5 years, Houses in Rocherlea have seen a 75.81% increase in median value. As at 31 October 2024:

  • The median value for Houses in Rocherlea is $369,789 while the median value for Units is $384,886.
  • Houses have a median rent of $265.
There are currently 3 properties listed for sale, and no properties listed for rent in Rocherlea on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Rocherlea.

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