271 Colebrook RoadRichmond TAS 7025
Property Details for 271 Colebrook Rd, Richmond
Last Listing description (April 2025)
The property now known as "Nocton Vineyard" in the renowned Coal River Valley dates back to 1813 and began life as a sheep grazing property when granted to the then Governor of Tasmania. Located in the premier tourism area of the state, within minutes of the historic Richmond village and just 20 minutes drive to Hobart Airport.
Nocton has been transformed into a large scale vineyard and multi-faceted rural holding boasting a variety of income streams and an array of potential development opportunities (STCA).
The property boasts a varied topography. At the entrance you travel through rich flat arable country and on to gently sloping land, perfect for its current use. As you climb in altitude the country turns into cleared open rolling hills with varied aspect, predominantly NNE and culminates at the top of the Coal River Tier at an altitude of 412m.
KEY FEATURES:
608 hectares on 3 titles with varied topography
35ha planted: pinot, chardonnay, merlot, sauvignon blanc, riesling, chenin blanc, gamay, cabernet sauvignon
456ML irrigation water and 100ML dam
Potential to plant an additional 200ha+/-
Storm Bay and Nocton labels both distributed nationally
Established cellar door and highly regarded business
Tenancy incomes from Carrington Quarry & Bejo Organic Seeds and a casual grazing lease
For a full Information memorandum and tenancy details please contact the selling agent.
Expressions of Interest are sought on the property on a walk-in-walk-out basis including land, improvements, quarry license, lease agreement, business name, goodwill and all plant and equipment.
Vendor would consider offers on either of the 2 main titles individually or as one property.
EOI to be submitted by 12:00pm, Friday 30th August 2024.
Property History for 271 Colebrook Rd, Richmond, TAS 7025
- 18 Dec 2024Listed for Sale Under Offer
- 16 Dec 2024Sold for $5,530,000
- 15 Sep 2004Sold for $1,250,000
About Richmond 7025
The size of Richmond is approximately 89.9 square kilometres. It has 6 parks covering nearly 0.3% of total area. The population of Richmond in 2016 was 1464 people. By 2021 the population was 1583 showing a population growth of 8.1% in the area during that time. The predominant age group in Richmond is 60-69 years. Households in Richmond are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 81.20% of the homes in Richmond were owner-occupied compared with 80.00% in 2016.
Richmond has 870 properties. Over the last 5 years, Houses in Richmond have seen a 57.34% increase in median value, while Units have seen a 55.38% increase. As at 31 December 2025:
- The median value for Houses in Richmond is $895,869 while the median value for Units is $512,009.
- Houses have a median rent of $650.
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