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88A/88A South Road, Penguin TAS 7316

$530,000

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$530k - $557k Transparent Transparent Listing Based on an openly advertised listing price.

Land 4 acres

Listed: 25 days ago

Overview

This unique 4-acre residential block located in the heart of Penguin offers an exceptional opportunity to enjoy a private, semi-rural lifestyle while being within close proximity to township conveniences. Zoned for general residential use, it presents an ideal canvas for building a custom home that enjoys space, tranquility, and a connection to nature.

The generous land size supports various lifestyle options, accommodating large sheds, ample outdoor spaces for children to play, and room for animals, catering especially well to families or those seeking a rural feel near the coast. Its position on the sea side of the highway adds to the privacy and ambiance, making it a rare find in this sought-after town.

Extensive land area allowing for flexibility in design and use.
Quiet and private environment with a rural character.
Potential for large outbuildings and extensive landscaping.

Overall, the block is perfectly suited for buyers wishing to create a bespoke home tailored to a spacious and serene lifestyle, within reach of the Penguin community.

Local Market Insights

In West And North West, Quiet Listings observed 41 new parcels of land entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $414,268. The property type mix of listed properties is predominantly Houses at 72%, followed by land (14%), and units (7%). The most active agency for land in the West And North West area is currently Harcourts, representing 32% of new listings, followed by Halliwell Property Agents with 32%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.