144 Cherry Farm Road, Underwood TAS 7268

Property Details: • Type: House

• Bedrooms: 4 • Bathrooms: 2

Description: 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.