A Significant Rural Holding With Approved Commercial Development In Place.

Morrisons Avenue, Loorana, located on the idyllic King Island, Tasmania, represents a substantial land holding, moments from the main township of Currie and King Island Airport. This one of a kind holding offers a unique dual-pillar opportunity spread over three separate titles. Title one, located at 65 Morrison Avenue, incorporates 7 acres of land and boasts a sophisticated main residence with substantial equine infrastructure in place. Located at 45 Morrison Avenue, title two provides over 30 acres of quality grazing land, with title three, a fully approved DA in place for a commercial venture, including storage units and onsite undercover parking, providing for the burgeoning island capacity. The possibility of lifestyle and income do not come any better than this.

65 Morrison Avenue, at the heart of the portfolio, provides an extremely private homestead, reached via a quiet and secluded laneway to the residence. The main home boasts 4 large bedrooms, the main incorporating ensuite, walk in robe and views over the gardens and beyond. An open plan, light and bright living zone including the hub of any country home, the kitchen, casual dining and living rooms. The flow of the home is spacious and welcoming with views of the surrounding landscape beyond to sooth the soul.

This farm holding has abundant infrastructure, including an outdoor equine arena, hay barn and stables, workshop, sheds, studio / separate accommodation, established orchard, holding yards and more.

This property would suit a growing family, or anyone who would like the feeling of space and peacefulness only rural living can provide.

45 Morrison Avenue consists of two titles, with the first title proving approximately 33 acres of quality grazing land and good fencing. A perfect land size for holding horses, cattle or any other livestock that may take one’s fancy.

The second title of approximately 5 acres within 45 Morrison Avenue parcel, is where the abundant future potential lies. With a fully approved DA in place for 28 storage units and 55 car parks … this title backs directly onto the island’s airport … and provides the opportunity to quite literally have it all – a quiet and sophisticated rural holding, alongside a significant commercial asset with all the planning work done for you. This title is Utility Zoned and perfectly positioned to service airport logistics and local / fly-in, fly-out storage needs.

The combination of lifestyle and commercial asset are unrivalled here. For the astute purchaser, the opportunities are endless … further storage ( STCA ) into the future, or a perfect balance of income producing land and private residence.

King Island is an evolving and culturally aware island, primed for considered expansion. Morrisons Avenue, Loorana presents a significant opportunity to be part of that growth and evolution. With tourism via world renowned golf courses, surfing and natural produce, this holding is one not to be missed in a location not often found within the wider world today.

For any further information or to arrange an inspection at a time to suit your schedule, please contact Sue Gratton on 0407 599 559 or email – sue@circaheritageandlifestyle.com.au