1166 Prossers RoadUnderwood TAS 7268
Property Details for 1166 Prossers Rd, Underwood
Last Listing description (April 2024)
From this exceptional selection of five pristine bush blocks, only two remain available - so the time to act has arrived!
The beauty of these allotments is significant in so many ways, appealing from so many angles.
Lot 1 measuring some 66 ha* and Lot 2 offering approximately 39 ha* are both accessed from a fully formed gravel road behind a secure gated entry on Prossers Road. Electricity connections can be conveniently established from infrastructure on nearby Lilydale Road, further enhancing the opportunity to explore several prime building sites that are dotted across each block.
Zoned Agriculture pursuant to the Tasmanian Planning Scheme, construction of a dwelling is allowed, under provisions of the TPS, subject to council approval.
This is a brilliant opportunity to capture a rewarding parcel of pristine Tasmanian bush, ideal as a land bank today and attractive as a holding far into the future. An investment in the most valuable asset of them all - blank canvas property that combines a sense of country escape with the appeal of proximity to town.
The best of both worlds might just be discovered in these outstanding dimensions!
(*approx)
Property History for 1166 Prossers Rd, Underwood, TAS 7268
- 22 Mar 2023Listed for Sale Offers Over $375,000 per lot
- 14 Jul 2021Sold for $181,500
- 16 Oct 2020Listed for Sale Expressions of Interest
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About Underwood 7268
The size of Underwood is approximately 89.7 square kilometres. It has 8 parks covering nearly 47.9% of total area. The population of Underwood in 2011 was 407 people. By 2016 the population was 354 showing a population decline of 13.0% in the area during that time. The predominant age group in Underwood is 50-59 years. Households in Underwood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Underwood work in a professional occupation. In 2011, 89.7% of the homes in Underwood were owner-occupied compared with 87% in 2016.
Underwood has 206 properties. Over the last 5 years, Houses in Underwood have seen a 69.44% increase in median value. As at 30 September 2024:
- The median value for Houses in Underwood is $845,298 while the median value for Units is $449,824.
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