180 Middle Tea Tree Road, Richmond TAS 7025

New 2020 build | 20.59ha rural acreage | 4 bed family residence | Wine region outlook | High utility with sheds & spa This property presents a rare and competitively strong offering within the Greater Hobart region, combining a near-new, high-specification family home with a substantial landholding in the sought-after Coal River Wine Region. Its configuration as a modern, single-level residence with multiple living areas and premium fittings serves the lifestyle buyer seeking space and versatility, while its minimal building footprint and lack of overlays beyond bushfire provide a uncomplicated holding proposition. This house is best suited to a buyer prioritizing long-term amenity and land utility over suburban proximity. The decision hinges on reconciling its premium positioning against specific risk mechanisms. The listing price seeks a significant premium over the 2023 purchase, demanding scrutiny of rural value movements. The bushfire overlay imposes ongoing management costs. The substantial land size, while a key asset, limits the buyer pool and impacts liquidity. Commercial logic resides in its dual function as a primary residence with income potential from the land or future rental. Acquire as a permanent lifestyle holding; its value is not in trade but in sustained use. Comparable sales indicate a market for premium rural properties, though direct comparisons are limited due to this property’s exceptional land size. The house itself last sold for $1.5 million in March 2023, a transaction that occurred in just 23 days, signaling solid underlying demand. Nearby sales of more standard suburban properties, such as those in Richmond and Old Beach, transact at a far lower price point, underscoring the premium commanded by this acreage package. This history suggests the current asking price reflects a substantial expectation of capital growth in the past three years, which must be validated against broader market evidence.