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Sold on 08 Apr 2024 for $1,150,000

52 Richardson Road
Tugrah TAS 7310

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 137ac
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Property Details for 52 Richardson Rd, Tugrah

Building Type
Land
Land Size
137ac
Local Government
Devonport
Lot/Plan
1/39005

Last Listing description (April 2024)

Positioned along the picturesque Don River, 52 Richardsons Road in Tugrah, a rare and expansive block of land spanning approximately 137 acres approx, offering a blend of natural beauty and development possibilities. This idyllic location, just a short drive from Devonport, and nearby schools, boasts uninterrupted river frontage and a myriad of features that make it a versatile haven for various applications.

Key Features:

Riverfront Along the Block:

Encompassing approximately 3000 meters of captivating Don River frontage along its eastern boundary, the property showcases a seamless connection with nature, providing an unrivalled setting for a range of endeavours.

Expansive Landscape:
Boasting a vast expanse of 55.78 hectares (137 acres approx.), the property features a harmonious mix of lush pasture and cultivated crops.

Access and Connectivity:
Access to the property is facilitated by a sturdy bridge over the Don River, ensuring a smooth and scenic entry point. The convenience of road access throughout the entire property enhances its accessibility and potential for development.

Natural Waterways:
Don River frontage, Ayres Creek and Bellamccargee Creek meander through the property, as well as a small dam contributing to the diverse ecological tapestry and potentially serving as valuable water resources for various applications.

Versatility Unleashed:
The land's versatility opens doors to diverse possibilities. Whether envisioning a private residence surrounded by nature, a thriving livestock operation, or a flourishing eco-tourism venture, this property caters to a multitude of aspirations.

Development Potential:
With immense potential for future subdivision (STCA), investors have a unique opportunity to shape the landscape according to their vision. This strategic location makes it an attractive prospect for those looking to capitalize on the growing demand for residential and commercial spaces in the region.

Agricultural Haven:
Approximately 3000 meters of Don River frontage offers an ideal setting for grazing activities, complemented by the potential for cropping.

52 Richardsons Road, Tugrah, is not merely a property; it is an extraordinary canvas awaiting your vision. Whether seeking a serene rural retreat, a lucrative agricultural investment, or a canvas for future development, this property beckons with its natural grace and untapped potential.

Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements are approximate

Property History for 52 Richardson Rd, Tugrah, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$1,150,000
08 Apr 2024
  • 08 Apr 2024
    Sold for $1,150,000
  • 16 Jan 2024
    Listed for Sale $1,450,000
  • 18 Jul 2023
    Listed for Sale Not Disclosed
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About Tugrah 7310

The size of Tugrah is approximately 5.3 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Tugrah in 2011 was 196 people. By 2016 the population was 374 showing a population growth of 90.8% in the area during that time. The predominant age group in Tugrah is 40-49 years. Households in Tugrah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tugrah work in a trades occupation. In 2011, 92.9% of the homes in Tugrah were owner-occupied compared with 86.2% in 2016.

Tugrah has 240 properties. Over the last 5 years, Houses in Tugrah have seen a 60.45% increase in median value, while Units have seen a 51.14% increase. As at 31 August 2024:

  • The median value for Houses in Tugrah is $744,613 while the median value for Units is $396,057.
There are currently 5 properties listed for sale, and no properties listed for rent in Tugrah on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Tugrah.

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Gerald Davies
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Corinne Nicholson
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Roberts Real Estate Sheffield
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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.