Make yourself a cuppa because there is a lot I need to tell you about this property and you're going to want to hear it!
Built in 1921 after the old one burnt down (some kids will do anything to get out of school) and extensively improved in 1933, and then again in 1981. The school operated right through to 2009, having only the one owner since. Sitting on 9659m2, currently all on one title, this former School House is oozing character, potential and is ready to make you money! Located 5 minutes from the Blue Derby Mountain Blake Trails it features 8 bedrooms, 2 bathrooms, and both an indoor and outdoor kitchen.
Obviously it's a gorgeous building with a new bathroom, stunning kitchen, freestanding wood-heater and stately proportions, riddled with character features and a hint of mid century pizzazz. You can see all that from the photos. What isn't so immediately visible is the investment opportunities so we are here to spell it out because, I don't say this lightly, but this is better than anything we have ever presented in these terms. We have sold over 50 properties directly associated with the Blue Derby Trails and this is the best accommodation development site close to Derby, because there is nothing remotely like this IN DERBY.
Currently the owners are living in the schoolhouse, which is frankly big enough to lose the Brady Bunch in, and renting the former outside demountable classrooms as accommodation on Airbnb so it's currently not living up to it's potential. If living on site you would live in the outside demountable, or better still have it all available.
This property has massive scope for revenue potential in a variety of configurations as follows: ALL STCA*
- Large group accommodation (school groups, MTB tour groups) There is NOTHING of this scope with this land to expand with cabins in the area. School groups currently camp on the river regularly in Derby and the tour market is well established.
- The floor plan of the school lends its self to be broken into 3 self contained units plus the demountable a 4th unit for separate rent, short or long term, or combination of.
- The land - As the buildings are Sitting directly in the middle of the block this land is very valuable for sub division. A substantial block on either side can be carved off and either sold, built on and sold, or just expand your holding with multiple cabins or further residences. (STCA)
As you all know we have been calling Branxholm West Derby' for some time. Last week council officially approved building of the commuter Trail between Derby and Branxholm to be completed in the next 12 months. This track will come out at the recreation ground just up from the school. What does this mean? MTBers will be even happier to stay in Branxholm because there is a safe 7km warm up ride to the trail head in place. I can feel property prices rising as we speak.
Outbuildings include a huge 3 bay garage and timber storage shed. There is also a pump track just for fun!
This phenomenal property is just a short walk to Branxholm's IGA supermarket, popular Pinocchios Italian restaurant, cafe, petrol station, hotel, pizza restaurant, swimming pool and sporting facilities. (Are you noticing there are more facilities in Branxholm than Derby?) Branxholm is 95km from Launceston, 25km from Scottsdale, the service hub of North East Tasmania, and 10km from Derby, the home of the world renowned Blue Derby Mountain Bike Trails.
According to local Council (Dorset) who track visitor numbers, 30,000 visitors rode the trails last year and approximately 50,000 are expected next year. There is an increasing demand for tourist facilities and permanent living. Tourism is booming in NE Tasmania with Internationally ranked Barnbougle and Lost Farm Golf courses, wineries and of course MTB trails on our doorstep.
Branxholm is set for an excellent growth year ahead with the MTB Enduro World Series next month and the commuter trail announcement. This is a once in a lifetime property. It's big enough for you and the Brady Bunch, so go in with a few friends, give them a block each! Beg, borrow, rob a bank, just don't let this slip you buy, because whoever gets it will be sitting on a goldmine if they do it right. Make the call.
Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.