This article is from the Australian Property Journal archive
THE Black Mountain Estate, one of Southern Tasmania’s largest privately-owned native forest, has been brought to the market for the first time in 28 years.
The large-scale 936-hectare landholding comprises 10 certificates and is located on the pristine Tasman Peninsula, in Stormlea, about 50 linear kilometres south of Hobart.
Colliers Agribusiness’ Duncan McCulloch and Adrian Whelan from @realty have been appointed to the listing on behalf of a the family owners.
McCulloch said Black Mountain Estate adjoins the picturesque Mt Raoul and Cape Raoul State Reserve, a pristine wilderness location with sweeping ocean views.
“The estate is benefitted with significant volumes of hardwood timber, providing an array of diversified forestry opportunities, as well as the potential for biodiversity stewardship, carbon farming and tourism pursuits,”
The property is close to the highly visited tourist destination of Port Arthur, as well as the Port of Hobart, with good access and a quality road network system throughout the property, which would underpin future harvesting operations and efficient transport options.
The southern portion of the property adjoins the scenic Mt Raoul and Cape Raoul State Reserve, a unique wilderness location with unparalleled ocean views and potential for tourism pursuits.
The majority of the estate has been declared as private timber reserves, facilitating all forestry operations including the establishment, growing and harvesting of timber, including over 62,000 cubic metres of merchantable poles and 100,000 cubic metres of merchantable sawlog.
“The major economic activities in the Tasman Peninsula municipality include forestry, tourism and farming, and the region is world-renowned for its outstanding natural assets and scenic beauty, offering high standard recreation opportunities including bushwalking, fishing, boating and surfing,” Whelan said.
Expressions of interest close Thursday, 16th November.
Agribusiness sales in Tasmania this year have included blue-ribbon 784-hectare Tasmanian farm Rockthorpe Estate, south of Launceston, changing hands for around $30 million and set for new life as a dairy farm, which followed the McShane family selling the 170-year-old farm Stonehenge to Sydney-based investment fund manager Allan Fife for about $25 million.