150 Oldina Drive, Tarraleah, TAS 7140 | Property Value & History | OnTheHouse
OFF MARKET

150 Oldina Drive
Tarraleah TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1820m2
Land area: 1423600m2
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Property Details for 150 Oldina Dr, Tarraleah

Building Type
Commercial
Floor Size
1820m2
Land Size
1423600m2
Local Government
Central Highlands
Lot/Plan
2/147038

Last Listing description (June 2023)

Presenting an unprecedented opportunity for an astute developer to craft Tarraleah into a contemporary tourist oasis, new public township via a community development scheme or return it to an esteemed residential estate.

Our playground is approximately 147 hectares with six titles, superb infrastructure, town water supply, dam, electricity, sewerage, telecommunications infrastructure and road networks. Come with us as we take you through a guided tour of this remarkable property with endless possibilities.

THE OPPORTUNITY

The impressive entrance in Oldina Drive, flanked by silver birches and rhododendrons, welcomes you to the township with open arms. You drive past The Edge and The Lodge, taking in the splendour of the manicured grounds, passing the Church and Scholars House to arrive at the Main Square.

Spoilt for choice with four bush walks over 300 acres, you elect to take the road less travelled by passing the Lakeside Villas and Caravan Park to cross the stile towards the Tarraleah Lake. The lake is brimming with stocked brown trout: the perfect spot for a bit of fly fishing, kayaking, or friendly water sports. As you pass, you marvel at the sizeable lakeside land - vacant, primed for housing development (a community development scheme is ready for final approval stage) with 71 homesites within close proximity to the lake and town amenities.

Walking back through the Village (zoned village residential), you wander through the impressively redeveloped roads and buildings. You marvel at the kaleidoscope of pastel-coloured cottages and imagine the addition of new environmentally developed abodes.

LET'S GO PLAY

Is Tarraleah to further mature into its potential as Tasmania's premier foodies destination, offering a unique paddock-to-plate experience highlighting the best Tasmanian produce, picked by hand, tasted in the cooking school, before retiring with a glass of Tasmania's finest in world-class accommodation?

Is it to surrender to the beauty and healing qualities of the abundant flora and fauna to become an internationally recognised rehabilitation and wellness retreat or spa district, perhaps introducing equine therapy, yoga and holistic treatments and restorative accommodation options?

Is Tarraleah and the surrounding state forests to be the perfect setting for developing Australia's premier mountain-biking and adventure tourism hub, capitalising on the booming demand for destination rides by adventure tourists the world over?

Or is it to expand the village through a community development scheme to cultivate a premium timeshare community that would be the envy of all those seeking the relief of the open air, wildlife, fly fishing and, of course, 9 rounds of golf a mere moment away.

Listed as Expressions of interest $12,000,000+ (closing Friday 17th February 2023)

- 147 hectares, with 90 hectares of village zoned 'Residential', allowing subdivision to 1,000sqm
- The vendors have prepared a community development scheme, which is available to prospective purchasers, featuring 71 homesites.

Established buildings onsite include:
- The award-winning Lodge at Tarraleah: featuring luxury accommodation with nine suites, dining room, decadent library, bar and wood fireplace, reminiscent of its 1930's heritage.
- The Edge Restaurant and Function Centre: a two-storey award-winning designed building for 100 guests overlooking the Nive River Valley, featuring an enviable whisky and wine cellar.
- The Gate House: previously operated as a sauna, spa, massage rooms, gymnasium with spectacular sweeping views of the valley.
- The Blue House: a new 5 bedroom home overlooking the valley escarpment.
- The Great Hall: function centre for 150 guests with three ensuite accommodation rooms, an apartment and squash court.
- The Church and Conference Centre hosting functions and events, featuring historical features, original pews and majestic ceilings.
- The Scholars House: a school conversion into 11 studio accommodation rooms with communal lounge and kitchen.
- The Highlander Restaurant and Atrium, complete with beer garden, wood fires, with and large commercial kitchen.
- Teez Cafe, with internal and external patio seating for 50.
- Reception building with retail shop and fine art gallery, with offices and commercial laundry facilities.
- Office with staff accommodation includes seven bedrooms and communal lounge.
- Community of 18 renovated cottages winding around Olinda Drive, Trawala Crescent and Tagma Street each with its own personality and manicured garden.
- Two Lakeside Villas and four Highlander Cabins adjacent to the lake stocked with trout.
- Highland Caravan Park with 32 powered sites, amenities block and two studio rooms.
- The Pavilion: converted self-contained one bedroom apartment overseeing the cricket pitch of yesteryear.

LOCATION

- Nestled between Tarraleah Forest Reserve and Tungatinah Forest Reserve.
- Adjacent to Tarraleah lookout and Tarraleah Falls.

Property History for 150 Oldina Dr, Tarraleah, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$10,500,000
15 Mar 2022
  • 16 Jan 2023
    Listed for Sale Expressions of Interest $12,000,000
  • 15 Mar 2022
    Sold for $10,500,000
  • 21 Dec 2007
    Sold for $4,000,000
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About Tarraleah 7140

The size of Tarraleah is approximately 164.3 square kilometres. It has 10 parks covering nearly 161.5% of total area. The population of Tarraleah in 2016 was 0 people. By 2021 the population was 4 showing a stable population in the area during that time. The predominant age group in Tarraleah is 20-29 years. Households in Tarraleah are likely to be repaying not stated per month on mortgage repayments. In general, people in Tarraleah work in a trades occupation.In 2021, 0.00% of the homes in Tarraleah were owner-occupied compared with 0.00% in 2016.

Tarraleah has 5 properties.

    There are currently no properties listed for sale, and no properties listed for rent in Tarraleah on OnTheHouse. According to Cotality's data, no properties were sold in the past 12 months in Tarraleah.

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    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.