164 Cross Road, Lucaston TAS 7109

Historic homestead on 14.8 fertile hectares | bushfire overlay present | asking price sits below estimated value | suits buyer seeking rural lifestyle with infrastructure The buying case rests on a rare combination: a character homestead with substantial farm infrastructure on 36.6 acres of productive pasture, priced below its estimated value. This positions the buyer with immediate equity and room to negotiate. The property serves best those seeking a genuine hobby farm or lifestyle acreage, not a suburban home. The land component is the primary value driver, with the dwelling and shed providing functional support for small-scale agriculture or rural family living. The bushfire overlay is the principal risk, carrying implications for insurance premiums, vegetation management, and any future redevelopment. These costs are real but manageable for a buyer who understands rural holding obligations. The absence of a flood overlay is a positive. The property is best held as a working lifestyle block; its rental yield is modest relative to the capital tied up, so owner-occupation or part-time use with selective grazing or horticulture makes stronger commercial sense than pure investment.