5 South Street, Waratah TAS 7321

SOLD......The purchaser of this property has some unexpected bonuses in store. The title is 8197 square metres (2.025 acres approximately) however the vendors have a permanent Crown Lease (Transferable on Sale) of two road reserves, the first is approximately 2225 square metres (approximately 0.55 acres) of South Street, and a further 1500 metres approximately (0.37 acres) of Moore Street. This provides approximately 1.1922 hectares (2.95 acres approximately) of total usable land for lifestyle and grazing.

The vendors have been more than diligent in improving the property has been maintained with a rigorous weed prevention and maintenance regime, it has been fully fenced with stock and vermin wiring (in conjunction with adjoining titles) to maintain and maximise the pastures for domestic livestock potential. Permanent infrastructure cannot be established on the leased component (other than access roadway) however it can be used for grazing and temporary facilities.

Zoned - Village and able to be developed immediately, it has enormous potential for a purchaser wishing some town fringe privacy from which to establish permanent infrastructure and live on site and room to spread with further infrastructure. It provides a semi-rural setting at the edge of town toward Mount Pearse, towards the Waratah golf course, streams and surrounding countryside. The title had historically been surveyed for division into smaller allotments (mirroring Sprent Street - adjacent), whether this option would be available again in the future (STCA) could potentially be explored with Council to establish what criteria would have to be met and developmental infrastructure put in place as part of a D.A.

Waratah provides some quite spectacular scenery, fresh crisp air and water and certainly provides extreme value for money for people wanting to live within a community but don't want to be in a main stream urban environment. The surrounding countryside and National Parks provide for some outstanding recreational and bushwalking opportunities, while native wildlife and fauna is another major attraction to the area. The township has local hotel, parks, waterfall, coffee shop, roadhouse and many other amenities and attractions that draw people to the Alpine tablelands both as residents and tourists.

Between one and one and a half hours drive of all major North West Coastal towns from Wynyard to Latrobe, including the major centres of Burnie and Devonport an astute purchaser wanting a couple of acres capable of development at a reasonable price will immediately find this property attractive with its clean presentation, bonus of additional land right of use and ease of access to town and amenities..

Sushames Real Estate trusts in the information in this document which has been sourced from means which are considered reliable. Prospective purchasers are recommended to carry out their own due diligence regarding permits, measurements and boundary positions prior to settlement.