OFF MARKET

202A Lockwoods Road
Sheffield TAS 7306

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Last updated 16 Sep 2024
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Property Details for 202a Lockwoods Rd, Sheffield

Building Type
Unknown
Local Government
Kentish

Last Listing description (May 2016)

Set with no passing traffic, glorious mountain views, approximately 20 acres of pastures, 3 acres of natural timber stand, with homestead and outbuildings comprising the remaining acreage this property should certainly be destined for shortlisting and inspection.
The property has a meticulously maintained and comfortable 4 bedroom with captivating renovations and recent extensions to the original homestead. The Home has been repainted throughout, has a brand new feature kitchen that gives so many options for the culinary enthusiast, a new Stanley slow combustion stove, ideal for traditional dishes, breads, braising, roasts, scones and also radiates heat through the home. If that does not whet your appetite there is also a new Whirlpool Gas cooktop, Electric Oven combo so you do not have to burn wood in summer, instant heat with the gas, easy adjustable and controllable heat. The kitchen has an abundance of bench work space and is a tasteful blend of colour and brightness with the tiling and cabinet finishing as well as the tiled floors which continue through the laundry, back foyer and to the new bathroom.
There is a lovely balance of traditional wall coverings and painting, natural timbers feature in floor and ceilings throughout the home. The original homestead still features an open fireplace and surrounds with a freestanding fan forced wood heater now installed. The extension now creates a front foyer and formal entry with secondary family living area with new Scandia wood heater and degree of separation for the new fourth bedroom. Large aluminium framed windows allows in abundant natural light and access to property views.

Vehicles and machinery are housed in a 2 bay (machinery shed / double carport plus workshop, a new studio 12 metres by 5 metres with single vehicle bay and a 12 metre by 6 metre colour bond 4 car garage has also been erected on the property. The studio is currently used as a recreation and hobby room, but could equally be used for craft or art studio or be refined to a small self-contained accommodation unit (STCA)
More importantly this farmlet has huge potential for further development for small lifestyle farming operations with great views clean air, and fresh spring water. All gateways are cyclone gates hung for easy access, fences are rural mesh, barb and electric. Water is spring fed to tank then gravity fed to house and troughs.
Productive pastures currently supporting cottage industry farming including sheep, cattle, horses and poultry help add to the attraction of this property. The property is predominantly pasture as mentioned above, with strong fertiliser history, approximately half being gentle to undulating slopes, with the remainder being steeper but highly productive pasture with an easterly aspect capturing the morning suns, and providing invaluable natural shelter for livestock. In fact for a property that has such magnificent views from an elevated position it is remarkably sheltered from the prevailing winds which pass around its position in the lee of the slope to the south west.
Situated in the band of prime farming lands and soils that extend throughout the North West and mid North regions of Tasmania, approximately 8 to 10 minutes from Sheffield, 30 from Devonport, Ulverstone or Latrobe, and just over an hour to Launceston depending on driving conditions. This is a very central location to establish a new rural and lifestyle enterprise. With strong rural societies and events calendar conducted in surrounding centres all along the coast as well as many of the smaller local communities, whether cottage industry, arts and crafts, equine, stud livestock there is endless potential and local opportunity.
For a family the same opportunities apply for schooling with access and connections to schools in both regional and major centres.
The smaller lifestyle properties (up to approximately 50 acres) often tend to achieve higher prices, and attributes such as ratio of pasture to bush, productivity and views are all pivotal factors, as is the ability to produce a supplementary income. It is often difficult to attribute a value to The Million Dollar View, but there is no doubt privacy and unfettered views of ocean, river or mountain features impact on potential purchasers, and there is no doubt that this property is set in one of those rare locations with a balance of the above. Other factors such as strength, uniqueness of construction or features also impact and may serve to increase interest or polarise opinion. Certainly features such as energy efficiency are now more of an issue as is use of space. This is one of those properties that has so much of the above in its favour and represents very realistic value particularly with the recent upgrades meaning that the property is already a low maintenance proposition for any new owner.
Property Code: 852

Property History for 202a Lockwoods Rd, Sheffield, TAS 7306

A timeline of how this property has performed in the market
  • 01 Dec 2015
    Listed for Sale Not Disclosed

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About Sheffield 7306

The size of Sheffield is approximately 60.9 square kilometres. It has 5 parks covering nearly 11.1% of total area. The population of Sheffield in 2011 was 1,538 people. By 2016 the population was 1,566 showing a population growth of 1.8% in the area during that time. The predominant age group in Sheffield is 60-69 years. Households in Sheffield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sheffield work in a managers occupation. In 2011, 72.1% of the homes in Sheffield were owner-occupied compared with 71.6% in 2016.

Sheffield has 907 properties. Over the last 5 years, Houses in Sheffield have seen a 71.82% increase in median value, while Units have seen a 55.95% increase. As at 31 August 2024:

  • The median value for Houses in Sheffield is $463,124 while the median value for Units is $330,499.
  • Houses have a median rent of $398.
There are currently 10 properties listed for sale, and no properties listed for rent in Sheffield on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Sheffield.

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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.