851 Ironcliffe Road, Penguin, TAS 7316 sold on 08 July 2025 | OnTheHouse
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Sold on 08 Jul 2025 - Price Unavailable

851 Ironcliffe Road
Penguin TAS 7316

Bedrooms: 9
Bathrooms: 5
Car spaces: 5
Floor area: 205m2
Land area: 20.74ha
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Property Details for 851 Ironcliffe Rd, Penguin

851 Ironcliffe Rd, Penguin is a 9 bedroom, 5 bathroom House with 5 parking spaces. The property has a land size of 20.74ha and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 9 bedroom House sold in Penguin in the last 12 months.

Building Type
House
Floor Size
205m2
Land Size
20.74ha

Last Listing description (July 2025)

AWARD WINNING FARM ACCOMMODATION

Rustic Hut Bush Retreat is nestled at the base of the Dial Range and, sharing a boundary with the Parks & Wildlife Dial Range Reserve, the property offers an unrepeatable blend of farm life, native forest and 4 beautiful cabins providing a healthy income.
A short 8km drive from the seaside town of Penguin and just a half hour drive to the City of Devonport with its airport and Spirit of Tasmania shipping terminal, the combination of a convenient location and magnificent countryside is hard to beat!

Excellent farm land is divided into 17 paddocks and is serviced by a high capacity bore and a dam.
The four cabins are built using combinations of Tasmanian timbers and look out towards the Dial Range forests and through the valley to Bass Strait. The Dial Range offers extensive bush walking tracks to Mount Montgomery, Gnomon and Duncan along with mountain bike trails and the Penguin Mountain Bike Park, many accessible directly from the property. A short walk from the property boundary brings you to a permanent creek and two waterfalls.
The main house features four large bedrooms, three with built-ins, a large lounge and kitchen with a big walk-in pantry and a rumpus room. A huge wood heater in the lounge keeps things cosy in the winter.
An opportunity also presents to easily convert the current reception area into more accommodation if required.
There's way too much info to share here, contact us to request detailed information along with projected income figures. The cabins are fully equipped and ready for your guests. Expect a return of 11%/annum based on 75% occupancy.
What an opportunity!

Disclaimer:
While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 851 Ironcliffe Rd, Penguin, TAS 7316

A timeline of how this property has performed in the market
Last Sold
08 Jul 2025
Listed for Rent
$450/w
01 Sep 2023
  • 08 Jul 2025
    Sold
  • 30 Jan 2025
    Listed for Sale $2,200,000
  • 12 Jul 2024
    Listed for Sale $2,400,000
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About Penguin 7316

The size of Penguin is approximately 45.4 square kilometres. It has 14 parks covering nearly 23.2% of total area. The population of Penguin in 2016 was 3849 people. By 2021 the population was 4132 showing a population growth of 7.4% in the area during that time. The predominant age group in Penguin is 50-59 years. Households in Penguin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penguin work in a professional occupation.In 2021, 75.00% of the homes in Penguin were owner-occupied compared with 75.00% in 2016.

Penguin has 2,114 properties. Over the last 5 years, Houses in Penguin have seen a 72.58% increase in median value, while Units have seen a 51.32% increase. As at 30 November 2025:

  • The median value for Houses in Penguin is $634,770 while the median value for Units is $404,386.
  • Houses have a median rent of $450 while Units have a median rent of $335.
There are currently 35 properties listed for sale, and no properties listed for rent in Penguin on OnTheHouse. According to Cotality's data, 105 properties were sold in the past 12 months in Penguin.

Suburb Insights for Penguin 7316

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Contact agent
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Colin Tunn
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Jodi Tunn
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Harcourts Ulverstone & Penguin
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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.