OFF MARKET

95 Grices Road
Tea Tree TAS 7017

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 144m2
Land area: 39230m2
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Property Details for 95 Grices Rd, Tea Tree

95 Grices Rd, Tea Tree is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 39230m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
1970
Floor Size
144m2
Land Size
39230m2
Local Government
Southern Midlands
Lot/Plan
3/112486

Last Listing description (August 2022)

Tea Tree is a rural suburb situated in the world-renowned Coal River Valley wine region, bestowing a mix of residential, farm and bushland properties. The town of Brighton is a mere 7 minutes away with supermarkets, school and an array of shops and cafes. Richmond is a 10 minute drive away with many tourist sights, historical attractions, restaurants and cafes. The Coal River Valley well known for some of Tasmania's best wineries including Frogmore, Clements Hill, Clover Hill and many more. Add to this ZooDoo and Bonarong wildlife centres are moments away.

The homes on offer are positioned at the top of the clearing and they enjoy all day sun and vantage points of a private bushland from every room. And you have the treasured opportunity of enjoying it all within 40 mins from Hobarts CBD.
Opportunity awaits the astute purchaser, with the second dwelling offering Air BnB or income opportunity, whilst the gently sloping land can be transformed into a vineyard or provide an array of agriculture prospects.

The main home boasts a modern open plan kitchen, dining, and family area, which leads out to a wraparound deck, providing a lovely space to enjoy your morning coffee whilst taking in the beautiful vista. This handsomely presented and maintained home has three bedrooms, the master featuring a walk-through wardrobe. The two-way contemporary bathroom has a large shower and freestanding bath and double vanity. There are beautiful views from every angle with Mount Wellington, the valley and beyond providing a wonderful backdrop for this idyllic setting.
The second dwelling has been purposely designed to ensure privacy from the main abode, and presents the perfect opportunity for extended families, workspace or a welcome income prospect.
Properties in this lovely location rarely become available, especially ones with such an extensive list of wonderful features.

This home has served the current family well, now it is your turn to create loving memories to cherish for years to come.

satellite NBN
ozzikleen wastewater recycling system which creates clean irrigation water that can be used to water plants
Water tanks capacity 50,000 litres
150 radiata pine trees have been planted for a future wind break and privacy shelter
The house has been used as a profitable Air BnB, returning $500 pw approx.
2 fully fenced paddocks, with sheep shed that collects and stores 1000 litres, and automatically tops up (via float valve) a drinking water bath for animals
The main home features double glazed windows

Construction Type: Weather board & Metal cladding
Heating: Wood & Reverse cycle air conditioning
Water Rates: N/A (Tank water)
Year Built: 2007

Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective purchasers are advised to execute their own enquiries.

Property History for 95 Grices Rd, Tea Tree, TAS 7017

A timeline of how this property has performed in the market
Last Sold
$456,000
18 Jun 2018
Listed for Rent
$480/w
22 Dec 2021
  • 10 Jun 2022
    Listed for Sale Offer Over $849,000
  • 29 Nov 2021
    Listed for Rent $480 / week
  • 24 Nov 2020
    Listed for Rent $495 / week
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About 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.
There are currently 3 properties listed for sale, and no properties listed for rent in Tea tree on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Tea tree.

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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.