Back 287 Penquite Road
Off Market

287 Penquite Road

Norwood TAS 7250

4
2
2
230 m²
4.78 ha.
House
Rowan FitchRowan Fitch, last sold this property on 21 April 2022 after 56 days on market.

Overview

'The Willows' - Vines & Views set on 4.78 Hectares

Only one word - unique – is required to summarise this remarkable property. Nevertheless, let us describe just some of its dynamic dimensions and desirable details! Spectacular in both scale and style, some 4.7811 hectares approx. (11.81 acres) over two titles is clearly a significant land holding, but what makes this address even more memorable is that such a large block is located so brilliantly, conveniently close to schools, shopping and Launceston's city centre. While everything is readily reached, a great sense of escape is created as you ease along the long, private driveway to arrive at a sensationally renovated family residence featuring great ground level spaces that flow seamlessly to spectacular outdoor entertaining areas. A kitchen designed with catering to great occasions and to meeting everyday demands with exceptional efficiency makes its own contribution to this memorable home where four luxurious bedrooms are served by two impressively appointed bathrooms, including a majestic main bedroom with a walk-in robe and ensuite. Gorgeous gardens and a productive private orchard provide sublime surroundings on a site that also offers a beautiful boutique vineyard producing pinot gris on some 5,000m2 of 5 year old vines about to produce their third vintage and approximately 720m2 of tempranillo with an initial vintage expected this year. The presence of a new, vertical timber barn with mezzanine could make the perfect cellar door adding to the profile of the winery and enhances the ability of this amazing property to deliver lifestyle success accompanied by a commercial aspect in a way that makes irresistible sense. It's the ultimate example of work/life balance with refinement and romance to match! This property is currently leased until May 14th 2023 at $800 p/w The information on this website has in part been supplied to Harrison Agents Pty. Ltd. by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
230 m² floor area
4.78 ha. lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Norwood over the last 12 months, the estimated median property value of 287 Penquite Road is $778k.

Median value
$778k
Estimated value range
$580k - $1.08m
Median days on market
20
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Norwood. 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 287 Penquite Road

2022
Sold
Undisclosed
Private Sale/Treaty on 21 Apr 2022 by Rowan Fitch, of Harrison Agents Launceston
2015
Sold
$680,000
Private Sale/Treaty on 21 Jan 2015 by Ananda Cairns, of The Agency Northern Tasmania

Happy sellers in Norwood

93%
93% of sellers in Norwood reported that their sale price either exceeded or met their price expectations.

Norwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Norwood over the last 12 months.

Local market activity for 4 bedroom houses in Norwood

In the last 12 months, 32 four-bedroom houses similar to 287 Penquite Road, have been sold.

This represents a 106% decrease in four-bedroom houses sales when compared to the previous 12 months.

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