Back 7372 Channel Highway
Off Market

7372 Channel Highway

Cygnet TAS 7112

4
2
12
238 m²
8089 m²
House
Nyal MerdivenciNyal Merdivenci, last sold this property on 13 January 2026 after 251 days on market.

Overview

Exceptional opportunity - planning permit secured for subdivision

Situated just 1km from the heart of Cygnet, this generous two-storey family residence rests on approximately 2 acres (8,089sqm) of clear, near-level land, enjoying expansive views over the tranquil waters of Port Cygnet. Zoned General Residential, the property offers exciting development potential (STCA), including possibilities for 16 unit development on the subdivided lot of 5574sqm and potential further development potential (STCA) on the balance lot of 2515sqm which includes the existing residence and the 9m x 9m shed. All the hard work for the subdivision has been done with minimal expense required to finalise. Bathed in sunlight year-round, the charming weatherboard home features four spacious bedrooms-each with built-in robes-and two well-appointed bathrooms. The open-plan kitchen and dining area includes a cosy sitting space, while a separate living room flows seamlessly onto a covered patio, ideal for entertaining and relaxing. In the evenings, relax in the front room and watch the Aurora Australis dance across the sky with your favourite beverage. Upstairs, elevated water views provide a beautiful backdrop, enhancing the appeal of this inviting home. Comfort is ensured throughout the seasons with a wood fire heater and a fully ducted Daikin heating and air conditioning system. Outbuildings include a double garage, a substantial 9m x 9m shed/workshop, and multiple garden and storage sheds. Positioned toward the front corner of the property, the home leaves a large expanse of land open and accessible, with excellent road frontage-perfect for future access points if developing. Essential services including power, water, and sewer are all available at the roadside boundary. Enjoy the convenience of being close to shops, cafes, restaurants, schools, sports clubs, and recreational facilities, along with easy access to the water for boating and fishing. This is a rare opportunity to secure a prime parcel of land with a comfortable home and significant development potential in one of Tasmania's most popular lifestyle towns.

Features

4 bedrooms
2 bathrooms
12 carspaces
10 open car spaces
2 garage spaces
238 m² floor area
8089 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Cygnet over the last 12 months, the estimated median property value of 7372 Channel Highway is $890k.

Median value
$890k
Estimated value range
$540k - $2.06m
Median days on market
68
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cygnet. 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 7372 Channel Highway

2026
Sold
Undisclosed
13 Jan 2026 by Nyal Merdivenci, of EIS Property Hobart
2024
Rented
Undisclosed
Leased on 14 Mar 2024 by Homelands Property
2023
Rented
Undisclosed
Leased on 29 Mar 2023 by Homelands Property

Happy sellers in Cygnet

70%
70% of sellers in Cygnet reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 10 reviews in Cygnet over the last 12 months.

Local market activity for 4 bedroom houses in Cygnet

In the last 12 months, 11 four-bedroom houses similar to 7372 Channel Highway, have been sold.

This represents a 1100% decrease in four-bedroom houses sales when compared to the previous 12 months.

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