Lifestyle/Land Banking/Farming

"Glen Quoin" 765 Back Tea Tree Road, Tea Tree, 7017

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4,500,000 AUDEst. Mortgage: AUD 31,620/monthFor Sale
  • Ownership Type Mixed Farming
  • Property Area 0 sqft
  • Bedrooms Shared
  • Bathrooms 0
  • Furnished No
  • Last Updated 23rd Nov, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

‘Glen Quoin’ has remained in the same family for just short of two hundred years, and is for sale for the first time. <br/><br/>The property is ideally situated in the Coal River Valley region within thirty minutes of the Hobart City Centre, and twenty minutes from Hobart’s International Airport. It is located within close proximity to the townships of Brighton and Richmond. <br/><br/>‘Glen Quoin’ covers 233.1 ha in two titles.<br/>There is a comfortable four bedroom weatherboard and brick dwelling situated amongst an established garden, with old deciduous trees, original hedging, post and rail fence, and the original hand made brick stables, now a garage, farm office and storage area.<br/><br/>‘Glen Quoin’ is presently run as a high quality farming operation, featuring an abundance of water. The property has potable water, and in addition there are 3.5 pivot sites, serviced by one towable pivot and a fixed pivot. There is 80ha of irrigated land (class 4). The property is well developed with irrigation infrastructure, including on farm storage of 131.25 meg (two dams), water rights of 20 meg, a recycled water allocation and an opportunity to purchase additional rights from Tas Irrigation. Expressions of Interest for 200 meg (from the proposed Greater South East Irrigation Scheme) has been lodged by the vendor. <br/><br/>Farm improvements include a shearing shed and stockyards, machinery/implements sheds, silos and a workshop.<br/><br/>A report commissioned by the vendor indicates the opportunity for viticultural plantings on the higher banks and slopes. On Back Tea Tree Road there have been two vineyards that have won the prestigious Vineyard of the Year award. The property is ideally suited for the production of cool climate grapes, and a substantial area has been identified in the report, allowing the other areas to be further developed for horticultural production, or continued as a cropping and grazing operation.

Location on Google Map

"Glen Quoin" 765 Back Tea Tree Road, Tea Tree, 7017

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