350 Lobster Creek Road, West Ulverstone TAS 7315

Water supply risk | bushfire overlay adjacent | small house on large land | 7 days on market Two decades since last trade leaves this property with deferred maintenance risk that a new roof and windows alone cannot retire. The spring-fed tank supply demands active management and imposes a carrying-cost premium of several thousand dollars per year against mains-connected alternatives. The adjacent land’s bushfire overlay signals likely future compliance costs and may restrict subdivision or additional building. This is a hold-and-enjoy proposition rather than a trade-up play. The 5.5 acres with established shelter and paddocks on a quiet road with reliable coverage presents a rare buffer-to-convenience ratio within ten minutes of Ulverstone. The open-plan layout and large shed suit a buyer ready to work the land. This property fits most naturally with someone seeking self-sufficiency capacity or hobby farming, not a low-maintenance suburban purchase. Engage a building inspector familiar with 1950s timber structures and a water engineer to quantify the spring yield before proceeding.