198 Lachlan Road, Lachlan TAS 7140

Spacious rural family home | versatile fourth room | 16 solar panels | large rumpus & bonus space | bushfire/flood overlays This property presents a compelling proposition for a family or rural lifestyle buyer seeking substantial space and functional versatility on a large, near-flat block. The combination of a large rumpus room, a covered balcony, and a significant underneath area offers exceptional potential for living and recreation, a configuration rare in this price band. Its energy-efficient solar array and brick construction provide practical, long-term benefits. The location balances privacy and picturesque views with reasonable proximity to New Norfolk’s key schools and hospital, solidifying its appeal to a specific buyer profile seeking a tree-change without complete isolation. Critical due diligence is required on the council approval status for the underneath area and the specific implications of the bushfire and flood overlays, which will affect insurance costs and future development potential. The distance to major shopping is a permanent lifestyle cost. For the right buyer, the commercial logic lies in utilizing the extensive internal and external spaces to offset the location’s trade-offs. This property is best acquired with a firm budget for potential retrofit works and held as a long-term family home to fully capitalize on its spatial advantages. * **192 Lachlan Road:** Estimated value $485,000. Serves as a baseline for the area. * **134 Tyenna Road, Tyenna:** Offers over $500,000 for a 2-bed, 1-bath home. This limited data suggests the subject property commands a premium for its additional bedrooms, larger footprint, and superior block size, justifying its higher asking position within the market.