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Back 218 Underwood Rd
Off Market

218 Underwood Rd

Underwood TAS 7268

4
2
5
177 m²
73 ac.
House
Last sold for $1,120,000
Lochie ReidLochie Reid, last sold this property on 28 February 2024 after 99 days on market.

Overview

"Gryphonwood" - A remarkable opportunity

Nestled in a serene valley just a twenty-minute drive from the city lies "Gryphonwood." This picturesque property is bordered by the breathtaking Pipers River, spanning 73 acres of roughly equal parts of workable land, bushland, and a river gorge. The riverfront sections sit at an elevation of 260m above sea level, while the highest vines reach 310m. Once home to Gryphonwood Vineyard, renowned for producing a diverse range of exquisite wines over many years, and now offered for sale, offering a versatile opportunity for various private or commercial ventures (STCA). A substantial portion of the vineyard infrastructure remains intact. The property features a charming four-bedroom family home with a generously sized open-plan kitchen, living, and dining area, this space benefits from a northerly aspect and extends onto a wrap-around front verandah, offering ample opportunities for year-round entertainment. Comprising four spacious bedrooms, the master with walk-in robe and ensuite bathroom, two of the three remaining bedrooms offer generous built-in storage. With access available from both Lilydale Road and Underwood Road, there's additional potential to subdivide the land into smaller parcels, establish short-term visitor accommodation or a cellar door on the cliff (all STCA), which would offer stunning views over Pipers River. Externally there is a single carport plus a huge machinery shed/workshop and storage facility for all needs. Further up the site there is an additional storage shed and other outbuildings. Bordering the river, water is provided by a catchment dam high on the property plus the ability to pump from the boundary river for stock and domestic purposes. Families can relish in the numerous riverfront swimming spots, camping areas perfect for weekend adventures in your very own backyard, and the overall enriching lifestyle this property offers. Underwood is a stunning area of undulating surrounds and a mix of farmland and native bush, only a picturesque 20-minute drive from Launceston's CBD, contact Lochie today to experience the serenity for yourself!

Features

4 bedrooms
2 bathrooms
5 carspaces
5 garage spaces
177 m² floor area
73 ac. lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Underwood over the last 12 months, the estimated median property value of 218 Underwood Rd is $885k.

Median value
$885k
Estimated value range
$640k - $975k
Median days on market
123
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Underwood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 218 Underwood Rd

2024
Sold
$1,120,000
28 Feb 2024 by Lochie Reid, of Living Here Launceston

Happy sellers in Underwood

~%

We have insufficient information to provide an overview of customer satisfaction for Underwood. Viewing the agent profiles, reviews and sales for Underwood can provide insights for this location.

Local market activity for 4 bedroom houses in Underwood

In the last 12 months, 4 four-bedroom houses similar to 218 Underwood Rd, have been sold.

This represents a 25% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Underwood

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Neil Hawkins

Sellers who recommend Neil Hawkins have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and stress-free process

  •   4.9   (257 reviews)
  •  1 Review in Underwood
  •  1 Sale in Underwood
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Doug Marshall

Doug Marshall is a recommended agent for Underwood.  They have 1 local sale across the last 12 months.

  •  1 Sale in Underwood
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Racheal Rautner

Racheal Rautner is a recommended agent for Underwood.  They have 1 local sale across the last 12 months.

  •  1 Sale in Underwood
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Che Williams

Che Williams is a recommended agent for Underwood.  They have 1 local sale across the last 12 months.

  •  1 Sale in Underwood
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