Town For Sale in Australia – Tarraleah, Tasmania.  AUD $12m

Tarraleah in Tasmania, Australia is for sale through Peterswald with 'Expressions of Interest' invited at AUD $12m (approximately $8m USD at current exchange rates).  A remarkable real estate holding, Tarraleah (or the Tarraleah Estate) was 'built in the 1930s by the Hydro Electric Commission to house Tasmania's pioneering hydro electricity officers and management' (Wikipedia).

Having been comprehensively redeveloped in recent years, Tarraleah is now an exceptional, turn-key tourist village boasting a luxurious lodge (with nine suites, a bar, dining room and library), eighteen pastel-coloured cottages, restaurant and function centre, The Great Hall, a church and conference centre, cafe, second restaurant, reception building, staff accommodation, cabins and caravan park.  In addition to the already extensive facilities and guest accomodation, plans have been drawn up by the vendors to show an additional 71 homesites.

Covering a total of 147 hectares, the town is set amongst stunning mountainous scenery and is supported by superb infrastructure including water supply, sewerage, power and telecoms.  

For recreation, guests can walk on the estate's four trails, fish for brown trout in the well-stocked lake, kayak or enjoy 9 holes of golf at the adjacent Tarraleah Golf Course.

Represented for sale by Ed Mckay of Peterswald, Tarraleah is a truly exceptional property as it is currently laid out but also offers buyers the opportunity to further develop the town in to a larger tourist hub.

Tarraleah for sale on Peterswald

Tarraleah town website (tourism site)