334 Castra Road, Ulverstone, TAS 7315 | Rural for sale | OnTheHouse
FOR SALE
$1,650,000

334 Castra Road
Ulverstone TAS 7315

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 66000m2
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Heritage Home on 6.6 Hectares with Income Potential and Country Charm

The phone enquiry code for this property is - 2829
Step into history and possibility at Molenda Lodge, a beautifully maintained heritage property set on 6.6 hectares of picturesque countryside just 3.3km from the heart of Ulverstone. With the home’s heritage classification applying only to the exterior, this property offers exceptional scope for modern living, business, or lifestyle pursuits.
The stately main residence features 5 bedrooms, 2 bathrooms, 3 generous living areas, a spacious kitchen, laundry, and dedicated office – ideal for large families or those working from home. Surrounded by magnificent oak, elm, sycamore, gum, and wattle trees, the setting is as tranquil as it is impressive, with a permanent creek along one boundary and a spring-fed dam enhancing the property’s natural beauty.
Practicality meets potential with a double garage and ample parking for at least four vehicles, as well as a two-part workshop outfitted for carpentry and engineering. Additional outbuildings include an old piggery, dairy, barn, and several stables, offering space for animals, storage, or creative repurposing.
For those seeking income potential, two established Airbnb cabins provide a proven revenue stream, earning approximately $720 and $600 per week. Ten well-fenced paddocks make the land ideal for hobby farming, horses, or agistment.
Conveniently located close to schools, shopping, cafés, and three local hotels, Molenda Lodge combines timeless charm with everyday accessibility. This unique property offers endless possibilities – from family sanctuary to boutique accommodation or country business venture.
While all information is reliably sourced, we cannot guarantee its accuracy. All measurements are approximate.
Property Code: 1703

Property Details for 334 Castra Rd, Ulverstone

Building Type
Rural
Land Size
66000m2
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About Ulverstone 7315

The size of Ulverstone is approximately 16.6 square kilometres. There are 14 parks, covering nearly 3.7% of the total area. The population of Ulverstone in 2016 was 6465 people. By 2021 the population was 6653 showing a population growth of 2.9% in the area during that time. The predominant age group in Ulverstone is 60-69 years. Households in Ulverstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ulverstone work in a community and personal service occupation.In 2021, 70.10% of the homes in Ulverstone were owner-occupied compared with 67.70% in 2016.

Ulverstone has 3,905 properties. Over the last 5 years, Houses in Ulverstone have seen a 55.17% increase in median value, while Units have seen a 55.03% increase. As at 31 July 2026:

  • The median value for Houses in Ulverstone is $614,237 while the median value for Units is $511,309.
  • Houses have a median rent of $480 while Units have a median rent of $415.
There are currently 35 properties listed for sale, and 4 properties listed for rent in Ulverstone on OnTheHouse. According to Cotality's data, 156 properties were sold in the past 12 months in Ulverstone.

Suburb Insights for Ulverstone 7315

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.