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149 Rosevears Drive, Rosevears TAS 7277

$1,200,000 - $1,400,000

Search Band Search Visibility Band

$1.2M - $1.26M Transparent Transparent Listing Based on an openly advertised listing price.

House 7 Beds 5 Baths 9 Cars 2717 m² 159 m²

Listed: yesterday

Overview

Situated along one of the most sought-after stretches in the Tamar Valley, this expansive property at 149 Rosevears Drive offers a unique blend of lifestyle advantages, investment prospects, and prominent street frontage. Its rare versatility makes it suitable for a variety of living and business scenarios, appealing to buyers who value space, privacy, and income opportunities.

The primary residence is designed to comfortably accommodate families or owner-occupiers requiring generous living quarters, boasting seven bedrooms and five bathrooms in total across the property. This includes the main house with four well-appointed bedrooms and two bathrooms, complemented by two additional self-contained units (one-bedroom and two-bedroom). These separate accommodations provide excellent flexibility for extended family arrangements, guest stays, or reliable rental income streams including options like Air B&B.

An exceptional feature of this property is the inclusion of a shopfront with its own bathroom and kitchen located at the front, directly visible from Rosevears Drive. This lends itself well to a boutique enterprise, studio, or additional investment income, subject to council approval (STCA). The ample parking capacity for up to ten vehicles further supports the property’s suitability for multi-occupancy, business use, or high-traffic activities.

Set just moments away from the tranquil Tamar River and surrounded by picturesque vineyards, walking trails, and renowned wineries, the property combines a peaceful rural ambiance with convenient access to Launceston’s CBD. This harmonious balance enriches the living experience, catering to both lifestyle aspirations and practical daily needs.

Whether intended as a family home with diverse income components, a strategic work-from-home base, or a landmark investment within the Tamar Valley, this offering stands out for its multiple streams of value and long-term potential.

Approximate rental returns: House – $600; Two-bedroom unit – $410; One-bedroom unit – $350; Shop – $350
Spacious land area of 2,717 m² providing room for various uses and additions.
Versatile accommodation layouts to facilitate various occupancy models.
Prominent location with excellent exposure and accessibility.

Local Market Insights

In Rosevears, Quiet Listings observed 14 new houses entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $1,150,214. The property type mix of listed properties is predominantly Houses at 70%, followed by land (15%), and units (10%). The most active agency for houses in the Rosevears area is currently Harrison Humphreys Real Estate, representing 36% of new listings, followed by Harcourts with 14%. 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.