SoldDec 7, 2020

383 Prossers Road, Richmond, TAS, 7025

$600,000

208700 m²

Rural

30+ days on the market

Sold: Dec 7, 2020

What's around 383 Prossers Road

SIGNIFICANT LANDHOLDING IN BLUE RIBBON WINE REGION

Situated on nearly 21 hectares of superb agricultural land, 426 Prossers Road is an outstanding opportunity to acquire a significant and unique land holding. Minutes drive to Historic Richmond and in the heart of the Coal River Valley Wine Region, you are surrounded by quality properties and highly acclaimed wineries such as Domaine A, Frogmore Creek and Riversdale Estate. Neighbouring the property on the adjacent blocks is also a newly established 11ha vineyard. The property is shaped with optimal topography and North, East and West slope orientation, well suited for viticulture, stone fruit and olives. The high-point of the block features a substantial level building envelope suitable for both private residences and commercial operations. Several activities have already been carried out to prepare the property for fresh produce including vineyards and stone fruit, including a road that has been constructed from the Prossers Road Entry to the Building Envelope at the properties high-point. Other activities include the purchase of 10 megalitres* of water entitlement from Tasmanian Irrigation, designs for the irrigation pipe design to the gate of the property and quotes obtained from all contractors required to develop a 5-7ha vineyard including soil and core testing, test ripping, and the needed conditioning regime of the soil. This is genuinely a unique opportunity to acquire a significant landholding, for agriculture and/or residential use, in this blue ribbon wine region. *Water entitlement negotiable with the purchase of the property as an inclusion/exclusion

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