440 Prossers Road, Richmond 7025, Tasmania Australia

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440 Prossers Road, Richmond 7025, Tasmania Australia

440 Prossers Road Richmond Tasmania 7025

Harcourts Northern Suburbs

3500000

440 Prossers Road, Richmond & 59 Logie Farm Road, Orielton Logie Farm is well located in the renowned Coal River Valley of South East Tasmania on the fringe of the historic township of Richmond. Logie Farm is predominately north facing with entrances off Prosser's Road & Logie Farm Road, an easy 30-minute drive to the Hobart CBD, Salamanca Markets and Constitution Dock, the finish line of the world famous Sydney/Hobart Yacht Race. This is the first time Logie Farm has been offered for sale in over 45 years. Logie farm comprises 317.8 hectares of land on 2 titles. There are 170 plus hectares of arable undulating land which has been identified as being prime land for viticulture. The balance land comprises of light bush, well-formed roads and tracks exist throughout the property. The farm has an adequate supply of water for its current use. This currently consists of a 50 megalitre water right from the South East Irrigation Scheme, two large dams and several smaller dams for stock water. Implementing an irrigation strategy would maximise this property's massive potential. Additional water may become available for purchase from the South East Irrigation Scheme in the future. The property also has a mining lease in place (Stage 2 Quarry) which allows for 20,000 cubic metres of premium grade gravel to be extracted per year, which could also create a good income stream. The character 3-bedroom home is situated to maximise privacy, sunshine, and pleasant rural views. The home still retains some period features throughout such as pressed metal ceilings, wide hallways, and original fireplaces, giving it a real homely feel. Other features of the home include an upgraded kitchen, wood heating, 2 living areas and covered outdoor entertaining area. The outbuildings are over 755m2 in size and include a large 3 stand shearing shed, machinery/storage shed and workshop. The property is zoned rural resource (sub-dividable into 10 Lots STCA) and would suit a variety of uses including property development, mixed farming or most likely will be developed into a large commercial vineyard. Opportunities like this are rare, its hard to find this size acreage so close to Hobart. Simply put, they are not making any more land, particularly of this quality in such a tremendous location. The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information. All timeframes and dimensions are approximates only.