Half of a historical town hits the market in Tasmania – and it’ll cost you less than a Sydney apartment
- Half of the historical town Waddamana in Central Highlands has hit the market
- The listing includes five houses, two cabins, a games room and a tennis court
- Seven hectares of land in Tasmania will cost buyers less than a unit in Sydney
An entire section of a small town is up for sale, and the asking price may surprise you.
Waddamana, in Tasmania‘s central highlands, is home to the state’s first hydro-electric power station, which opened in 1916.
About half of the historical village has hit the market for offers over $700,000.
This price guide compares to a current median unit price of $729,840 in Sydney, according to the latest Domain Group data.
Half of the historic Tasmanian town of Waddamana is on the market for the first time in 30 years
The sale offers ‘the opportunity of a lifetime’ to own a piece of Tasmania’s highlands
The sale encompasses the entire residential area on the western side of Waddamana Road to the Ouse river, with nearly seven hectares up for grabs on two titles, Commercial Real Estate reported.
The listing includes a modern Superintendent’s house, four art-deco style houses, two cabins, two sheds, a large timber-lined games room and a tennis court.
The ‘one in a lifetime opportunity’ of owning a piece of the Tasmanian highlands has been advertised to lovers of the outdoors and for groups of shooters, fishers or walkers or tourism operators.
Waddamama is exactly halfway between Hobart and Launceston, Nutrien Harcourts Tasmania listing agent Andrew Fisher said.
The listing encompasses a modern Superintendents house, four art-deco style houses (pictured), two cabins, two sheds, a games room and a tennis court
The listings asking price of $700,000 plus, is less than the price of a Sydney apartment
‘It’s the geographic central region of the state; from all directions, it’s just about in the middle,’ he said.
The village is surrounded by a handful of small towns, with supermarkets and pubs within driving distance and has already received interest from locals, interstate and even as far as Singapore.
The whole town was purchased by Helen Cooper and her late husband Frank in 1991, who immediately fell in love with the sleepy village.
The couple then sold a large section of the village to Genex Power Director Michael Addison seven years ago, who used the cottages to house workers who built the Cattle Hill wind farm.
Ms Cooper has now decided to sell the rest of Waddamana after operating the village as a tourist destination for more than 25 years.
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