150 Oldina Drive, TARRALEAH TAS 7140
Expressions of Interest in excess of $11,000,000
For Sale

Property Details

Beds: 29 Baths: 20 Parking: 20


This listing presents an unprecedented opportunity for an astute developer to craft Tarraleah into a contemporary tourist oasis, or return it to an esteemed residential estate reminiscent of yesteryear.

Our playground is approximately 147 hectares with six titles, superb infrastructure, town water supply, dam, electricity, sewerage, NBN infrastructure and road networks. Come with us as we take you through a guided tour of this remarkable property with endless possibilities.


The impressive entrance in Oldina Drive, flanked by silver birches and rhododendron, welcomes you to the township with open arms. You drive past The Edge and The Lodge, taking in the splendour of the manicured grounds, passing the historic Church and Scholars House to arrive at the Main Square.

Spoilt for choice with four bush walks over 300 acres, you elect to take the road less travelled by passing the Lakeside Villas and Caravan Park to cross the stile towards the Tarraleah Lake. The lake is brimming with stocked brown trout: the perfect spot for a bit of fly fishing, kayaking, or friendly water sports. As you pass, you marvel at the sizeable lakeside land – vacant, primed for housing development with 21 lakeside homesites, with the construction and masterplans already in place and just brimming with potential.

Walking back through the re-zoned Residential Village, you wander through the impressively redeveloped roads and buildings. You marvel at the kaleidoscope of pastel-coloured cottages and imagine the addition of new environmentally-developed abodes.


Is Tarraleah to grow into its potential as Tasmania’s premier foodies destination, offering a unique paddock-to-plate experience highlighting the best Tasmanian produce, picked by hand, tasted in the cooking school, before retiring with a glass of Tasmania’s finest in world-class accommodation?

Is it to surrender to the beauty and healing qualities of the abundant flora and fauna to become an internationally recognised rehabilitation and wellness retreat or spa district, perhaps introducing equine therapy, yoga and holistic treatments and restorative accommodation options?

Is Tarraleah and the surrounding state forests to be the perfect setting for developing Australia’s premier mountain-biking and adventure tourism hub, capitalising on the booming demand for destination rides by adventure tourists the world over?

Or is it to return to the nostalgia of yesteryear, expanding the village through strata investments to cultivate a premium timeshare or ‘shack community’ that would be the envy of all those seeking the relief of the open air, wildlife, fly fishing and, of course, 9 rounds of golf a mere moment away.

At a listed price of $11,000,000 (WIWO) Tarraleah is a developer’s dream comprising of:

• 147 hectares, with 90 hectares of village zoned ‘Residential’, allowing subdivision to 1000sqm
• Established buildings onsite include:
• The award-winning Lodge at Tarraleah: featuring luxury accommodation with nine suites, dining room, decadent library, bar, and wood fireplace, reminiscent of its 1930s heritage.
• The Edge Restaurant and Function Centre: a two-storey award-winning designed building for 100 guests overlooking the Nive River Valley featuring an enviable whiskey and wine cellar.
• The Gate House: previously ran as a sauna, spa, massage rooms, gymnasium with spectacular sweeping views of the valley.
• The Blue House: a new 5 bedroom home overlooking the valley escarpment.
• The Great Hall: function centre for 150 guests with three ensuite rooms, an apartment and squash court.
• The Church and Conference Centre hosting functions and events, featuring historical features, original pews and majestic ceilings.
• The Scholars House: a school conversion into 11 studio accommodation rooms with communal lounge and kitchen.
• The Highlander Restaurant and Atrium, complete with beer garden, wood fires, with and large commercial kitchen.
• Teez Café, with internal seating and external patio seating for 50.
• Reception building with retail shop and fine art gallery, with offices and commercial laundry facilities.
• Office with staff accommodation with seven bedrooms and communal lounge.
• Community of 18 renovated cottages winding around Olinda Drive, Trawala Crescent and Tagma Street each with its own personality and manicured garden.
• Two Lakeside Villas and four Highlander Cabins adjacent to the lake stocked with trout.
• Highland Caravan Park with 32 powered sites, amenities block and two studio rooms.
• The Pavilion converted self-contained one bedroom apartment overseeing the cricket pitch of yesteryear.
• Residential zoning across 90 hectares allows for 1000sqm blocks. Masterplans have already been developed to easily take to market.
• Location:
• Nestled between Tarraleah Forest Reserve and Tungatinah Forest Reserve.
• Adjacent to Tarraleah lookout and Tarraleah Falls.
• Proximity to Lake St Clair and Highland Lakes.
• Located behind a private stocked brown trout lake.
• Four nature walks available on the property.
• Adjacent to the 9-hole Tarraleah Golf Course.
• Facilities:
• Plans have already been drawn, and infrastructure is in place.
• Property has its own Sewerage treatment plant.
• Town Water available.
• Existing Roads in place.
• Work shed and central garage.

Please contact Edward McKay for more information and to request an inspection.

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Disclaimer: The information has been received from historical documents and primary sources we believe to be reliable. Prospective purchasers are advised to carry out their own investigations to be comforted of their accuracy.



Edward McKay
Property Consultant P. 0362324999 M. 0423741767