Fairbanks is a picturesque and highly productive property that is situated on the banks of the River Derwent. Gently undulating rich, red, volcanic soils are irrigated from the river and benefit from a 54 megalitre water right. The soils have supported successful cropping regimes and a very productive lucerne crop is well established. This area is renowned for its Mediterranean climate; recent years have seen horticulture, cherry orchards and vineyards proving to be extremely successful enterprises on nearby properties. Fairbanks is ideally suited to intensive horticulture, or perhaps a small stud operation and with its prime position on the banks of the river, tourism and trout fishing also have appeal and serious potential.

The rambling 5 bedroom home is set in delightful cottage gardens, a rustic cottage, machinery shed and cobbled stables and sandstone ruin complete the picture of a very appealing small farm.
New Norfolk is less than 15 minutes drive; Hobart is just a 45 minute commute and the popular tourist destination of the Bushy Park hop growing area and its historic kilns is less than 5 minutes away.

Fairbanks is the perfect small farm, well within commuting distance of Hobart and is a property that lends itself to a productive and profitable future. Fairbanks is a property that is well worthy of your serious interest.

For Sale by Auction:
Friday 18th October, 12 noon at Roberts Limited, 2 Collins Street, Hobart.