Entire Aussie town up for sale

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A town in Tasmania, complete with a church, a caravan park and a trout-filled lake, has been put on the market and it’s all yours for no less than $12 million.

The Tarraleah Estate in Tasmania’s central highlands, built in the 1930s to accommodate Hydro workers, was listed this week for expressions of interest in excess of $12 million and is billing itself as a potential tourist resort.

Stretching over 147 hectares with six titles, it includes restaurants, cafes, function spaces, and four different types of accommodation – all equipped with town water supply, electricity, telecommunications infrastructure and road networks.

The 147 hectares include restaurants, cafes, function spaces, and four different types of accommodation. Picture: Peterswald For Property.The 147 hectares include restaurants, cafes, function spaces, and four different types of accommodation. Picture: Peterswald For Property.

In fact, Tarraleah Estate is large enough to accommodate an entire new housing development. A vacant lot of lakeside land has been primed for 71 new homesites, with a community development scheme ready for final approval stage.

In its heyday, the Tarraleah Estate was home to almost 2000 people, before falling into disrepair in the 1980s and ’90s.

A 1930s lodge promises luxury accommodation. Picture: Peterswald For PropertyA 1930s lodge promises luxury accommodation. Picture: Peterswald For Property

It’s been owned since 2006 by property developer Julian Homer. Mr Homer put the town on the market a few years ago, drawing local and international interest, but a sale at the time could not be reached.

A press release from the town’s property agent, Peterswald for Property, encouraged prospective buyers to “craft Tarraleah Estate into a contemporary tourist oasis, new township or return it to an esteemed residential estate”.

Several cabins and a caravan park overlook the lake. Picture: Peterswald For PropertySeveral cabins and a caravan park overlook the lake. Picture: Peterswald For Property

A set of lakeside villas and a caravan park overlook the lake, which is stocked with brown trout – described by Peterswald for Property as the “perfect spot for a bit of fly fishing, kayaking, or friendly water sports”.

Along the main road, a 1930s lodge offers “luxury” accommodation with nine suites, a dining room, a library and a wood fireplace.

Several function halls are ready to accommodate guests. Picture: Peterswald For PropertySeveral function halls are ready to accommodate guests. Picture: Peterswald For Property

What was once the town school, now called The Scholars House, has been transformed into 11 studio accommodation rooms with a shared lounge and kitchen for communal living.

The church and its adjacent conference centre still has its original pews and vaulted ceilings.

Tarraleah is fully equipped with the amenities to function as a town. Picture: Peterswald For PropertyTarraleah is fully equipped with the amenities to function as a town. Picture: Peterswald For Property

The nearby Gate House was previously run as a sauna, spa, massage parlour and gym, while the Great Hall has a function centre for 150 guests, three ensuite accommodation rooms, an apartment and a squash court.

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Two restaurants boast a whisky and wine cellar, beer garden and wood fireplaces, and a reception building houses a retail shop and fine art gallery, with offices and commercial laundry facilities.

An adjacent office provides accommodation for staff, with seven bedrooms and a communal lounge.

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