144 CHERRY FARM ROAD, Underwood TAS 7268
View floor plan
Review the contract of sale using AI
Offers Over $900,000
144 CHERRY FARM ROAD, Underwood, TAS 7268
4
2
2
6.37m²
0m²
•
house
Property Description
Listed on 16 June 2025
Discover the perfect blend of lifestyle and income just 22 minutes from Launceston. Set on over 6 hectares of scenic countryside, this property offers not only space and serenity — but the chance to generate real income through short-stay accommodation and more. Previously operated as a successful NDIS retreat, this property offers significant potential for Airbnb income, multigenerational living, or savvy buyers seeking to capitalise on a proven rural escape model amidst strong demand in Tasmania. The main residence has undergone approximately $100,000 in renovations, blending country charm with modern comfort. The separate, beautifully constructed tiny home — currently configured with one bathroom and the potential for two sleeping areas — would cost approximately $250,000 to replace, offering the potential for short-stay accommodation or guest use. Key Features: • 6.37ha (approx.) of flat, usable land with improved drainage – ideal for horses or livestock • Main residence: 2 bedrooms, 1 bathroom, renovated with approximately $100,000 worth of improvements • Tiny home: 1 bathroom, potential for 2 sleeping areas – approx. $250,000 to replace • Combined dwelling Airbnb assessment: Up to $80,000 p.a. • 13m x 8m powered and heated workshop – perfect for trades, storage, or guest activities • Large dam connected to an irrigation system for low-maintenance gardens and grounds • 7-minute drive to Lilydale village • Close to Hollybank Reserve, Treetop Adventure Park & the Tamar wine route – all major drawcards for short-stay guests • 30 minutes to Bridestowe Lavender Estate, Janz & Pipers Brook wineries • 40 minutes to Bridport Beach – perfect for coastal day trips and guest recommendations • Peaceful, private, and bursting with potential to create a retreat, rural Airbnb, or lifestyle venture Whether you're dreaming of running your own country Airbnb, creating a wellness or NDIS retreat, or simply seeking a beautiful dual-living setup with income options, this property offers one of the most flexible opportunities on the market. Airbnb Estimate- • Main Residence: Up to $45,000 p.a. • Tiny Home: Up to $35,000 p.a. Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Median house price trends
Comparing the price trend of houses in Underwood against the state of Tasmania over the last 4 years. Source: CoreLogic
Comparable properties
See what similar properties in the area are selling and listed for.
Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
N/A
House median days on market
N/A
Unit median days on market
N/A
Sold in last 12 months
N/A
Available in the last month
Underwood residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
60+
Is the most common age range
Outright Owners
Most common occupant type
Couples
Most common household profile
Professionals
Most common occupation
Detached Houses
Most common property type
Get a wider view
Widen your research to learn about the suburb, council or state that this property belongs to.
Explore surrounding suburbs
Learn about neighbouring suburbs to see if they are better suited to your budget or lifestyle.
Median House: $937,642
Median Unit: $433,021
Median House: $786,272
Median Unit: $548,854
Median House: $768,867
Median Unit: N/A
Median House: $643,354
Median Unit: $708,238
Median House: $1,038,650
Median Unit: $308,701
Median House: $921,789
Median Unit: N/A
Median House: $489,669
Median Unit: $437,417
Median House: $956,545
Median Unit: $245,298
Frequently asked questions
The property at 144 Cherry Farm Road includes 4 bedrooms, 2 bathrooms and parking for 2 cars.
The land size for 144 Cherry Farm Road in Underwood is approximately 6.37 square metres. This figure is useful for understanding the outdoor space, development potential and overall scale of the property.
144 Cherry Farm Road in Underwood, Tasmania includes a range of local schools, shops, public transport options and community facilities that support day to day living.
The current listing status for the property at 144 Cherry Farm Road, Underwood is not available in our data at this time.
