PRESS RELEASE: Entire Tasmanian town for sale – Tarraleah Estate

Embargo on release until 09:00 13/1/23

Presenting an opportunity to craft Tarraleah Estate into a contemporary tourist oasis, new township or return it to an esteemed residential estate.

Tarraleah estate is approximately 147 hectares with six titles, superb infrastructure, town water supply, dam, electricity, sewerage, telecommunications infrastructure and road networks.

The impressive entrance in Oldina Drive, flanked by silver birches and rhododendron, 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.

Unpublished listing link (at time of press release) – https://peterswald.com.au/listings/commercial_sale-3532649-tarraleah/

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 proximity to the lake and other town amenities.

• 147 hectares, with 90 hectares of village zoned ‘Residential’, allowing subdivision to 1000sqm
• The vendors have prepared a community development scheme, which is available to 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 1930s 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 ran 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 accomodation 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 Café, with internal seating 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 with 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.
• Proximity to Lake St Clair and Highland Lakes.
• Located behind a private stocked brown trout lake.
• Four nature walks available on the property.
• Adjacent to the 9-hole Tarraleah Golf Course.