OFF MARKET

29371 Tasman Highway
Weldborough TAS 7264

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 124m2
Land area: 1698343m2
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Property Details for 29371 Tasman Hwy, Weldborough

Building Type
Rural
Year Built
1966
Floor Size
124m2
Land Size
1698343m2
Local Government
Break O'Day
Lot/Plan
1/61697

Last Listing description (December 2024)

At a glance:-
239 hectares or 584 acres of mixed-use land.
2 titles. - 104.2ha mostly pasture. 135ha plantation and pasture.

Plantation value - approximately $50,000 now, $50,000 in 4 years.
Two communication towers on top returning $4,000 and $10,000 per year.
Close to Blue Tier Overland Track, Pyengana, and St Helens.
Rates - $2260 per year.

If you are after a big piece of land for sheep, cattle, or recreational use, look no further. Here we have 239 hectares or approximately 584 acres of land on 2 titles ready for you to buy. Located in beautiful Weldborough very close to the Blue Tier/Bay of Fires Mountain Bike Overland Track.

The lower part of this property, lot 3, is 104.2ha and offers mostly cleared pasture with lush grass, fenced into 3 paddocks, with a hay shed and three road entries. The long boundary is on Tasman Highway and the side boundary is along Parrys Road. The previous owner had cattle running on this property and used the paddocks to grow hay. There is a dam, a stream, and several waterholes for cattle.

The second title, lot 1, is behind lot 3 and access is via a driveway that crosses lot 3. This title is 135ha, undulating with some flat sections at the top. On this block, there is a plantation of approximately 120 hectares. This plantation is free from any share agreement and is fully owned by the landowner. One stand of trees is ready to harvest and should return approximately $50,000. A second stand of trees is approximately 3 to 4 years from harvesting and should return approximately $50,000. There is also a stream and a waterhole on this title. At the top of the block, there are fabulous views of Weldborough in one direction, and the ocean in the opposite direction. This is where the communications towers are situated and are bringing in a passive income from rent. Currently, the rent is $14,000 per annum and linked to CPI.

This is a fantastic opportunity to secure a large parcel of rural land in a magical Weldborough Pass. This land is approximately a 10-minute drive or 17-minute Mountain bike ride to the Lookout and Blue Tier Overland Track, a 24-minute drive to Pyengana, and a 47-minute drive to St Helens.

Property History for 29371 Tasman Hwy, Weldborough, TAS 7264

A timeline of how this property has performed in the market
Last Sold
$740,000
09 Feb 2018
  • 22 Dec 2024
    Listed for Sale Offers Over $990,000
  • 04 Jun 2024
    Listed for Sale Offers Over $990,000
  • 17 Feb 2023
    Listed for Sale $1.1 million
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About Weldborough 7264

The size of Weldborough is approximately 95.6 square kilometres. It has 9 parks covering nearly 136.9% of total area. The population of Weldborough in 2011 was 372 people. By 2016 the population was 17 showing a population decline of 95.4% in the area during that time. The predominant age group in Weldborough is 60-69 years. Households in Weldborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Weldborough work in a managers occupation. In 2011, 76.5% of the homes in Weldborough were owner-occupied compared with 108.3% in 2016..

Weldborough has 58 properties. Over the last 5 years, Houses in Weldborough have seen a 103.67% increase in median value. As at 30 November 2024:

  • The median value for Houses in Weldborough is $440,908.
There are currently 4 properties listed for sale, and no properties listed for rent in Weldborough on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Weldborough.

Suburb Insights for Weldborough 7264

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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.