63 Merriworth RoadTea Tree TAS 7017
Property Details for 63 Merriworth Rd, Tea Tree
63 Merriworth Rd, Tea Tree is a 3 bedroom, 1 bathroom House. The property has a land size of 198200m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
Last Listing description (May 2017)
Third Child Vineyard in the Tea Tree valley has had much of the hard work done so the next Owner may reap the rewards. This boutique vineyard produces a premium product that is gaining a reputation and this could be capitalised upon in the years to come as the property has the ability to nearly double the area planted to vines.
So many vineyards these days are very sterile (almost factory setups), however Third Child retains a wonderful earthy character about it. This character could be further expressed by maybe building a tasting room and visitors centre by Strathallen Rivulet (STCA), to which the property has a long frontage.
The late 19th century house has beautiful polished floor boards and is lined in Baltic pine. It would make a wonderful home base to run the vineyard, or would give a great feel to a tasting room set up to showcase the wine.
Please visit the vineyard website (thirdchildvineyard) to get a greater appreciation of this quirky and unique business, but some of the more salient points on the property are:
- High surety vineyard irrigation water supplied by Tas Water
- Average yield over the last 4 years is 4,000 litres Pinot and 1,500 litres Riesling
- Forecast yield this harvest of 6 tonnes Pinot and 3 tonnes of Riesling
- Bird netting used to cover to vines is included in the purchase price
- 7 hectares of rich river flat that could create another income stream to the business
Often thought of but rarely available - don't miss this unique opportunity.
Property History for 63 Merriworth Rd, Tea Tree, TAS 7017
- 23 Jan 2017Sold for $500,000
- 20 Dec 2016Listed for Sale $485,000
- 30 Jul 1999Sold for $130,000
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0About Tea Tree 7017
The size of Tea Tree is approximately 77.3 square kilometres. The population of Tea Tree in 2011 was 327 people. By 2016 the population was 418 showing a population growth of 27.8% in the area during that time. The predominant age group in Tea Tree is 40-49 years. Households in Tea Tree are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tea Tree work in a trades occupation. In 2011, 93.8% of the homes in Tea Tree were owner-occupied compared with 95.2% in 2016.
Tea Tree has 242 properties. Over the last 5 years, Houses in Tea Tree have seen a 57.74% increase in median value. As at 31 October 2024:
- The median value for Houses in Tea Tree is $792,812 while the median value for Units is $438,618.
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