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Risdon Peppermint Reserve

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Land for Sale - 31 hectares

Risdon Peppermint Reserve, Cobbs Hill Road, Bridgewater

Offers around $370,000 invited

Summary

The Risdon Peppermint Reserve is 31 ha of forest and woodland on the western fringe of Bridgewater,a 20 minute drive north of the Hobart CBD. The reserve protects a significant population of rare Risdon peppermint and extends an existing private reserve. The property has spectacular views of the Derwent River, Mt Dromedary and surrounding forested ridges. It also offers several great house sites and could accommodate a range of recreational, small-scale agricultural, or pastoral pursuits.

Conservation Values

The Risdon Peppermint Reserve has significant conservation values, including:

• an outlying population of Risdon Peppermint, which is listed as both a rare species and a rare vegetation community under Tasmanian legislation (as an outlying population it is also considered to be genetically significant);
• a small area of vulnerable Tasmanian blue gum forest; and
• foraging habitat for several threatened fauna species, including the endangered swift parrot.

The reserve has not been subject to any comprehensive flora and fauna surveys. It contains potential habitat for several threatened flora species recorded in the vicinity, and future surveys may identify some of these threatened species on the reserve.

Covenant Conditions

A draft Conservation Covenant is being prepared of the reserve and will be registered on the title of the land, to provide permanent protection for the conservation values. The covenant will restrict any activities that may degrade the conservation values, but will allow the construction of boundary fences, the maintenance of existing fences and vehicular tracks, and the establishment of walking tracks. A management plan will be developed with the new owners, ensuring that they are able to manage the threats to conservation values into the future. The Tasmanian Land Conservancy is also able to offer ongoing advice and assistance to the new owners in managing the conservation values of the land.

Infrastructure and future use of the property

Legal access to the property is provided via a direct frontage to Cobbs Hill Rd. The Reserve contains or is serviced by the following infrastructure.

• Shops, schools and community services are available within 2km of the property.
• There is a vehicular track running from Cobbs Hill Rd to a cleared and approved house site in the north east corner.
• There are two small sheds associated with the paddocks in the south-eastern corner.
• Reticulated water runs along the entire southern boundary and there are four dams of varying scale on the property.
• Overhead power lines run along Cobbs Hill Rd at the northern boundary.

The exact areas to be excluded from the covenant have not been decided and there may be potential for future owners to have input to this decision before the covenant is finalised. The areas will include:

• An area in the north-east corner with frontage to Cobbs Hill Rd that already has a Council-approved house site, offers spectacular views and could support small-scale agricultural or pastoral activities; and
• An area in the south-east corner which offers an alternative house site with greater privacy and could also support small-scale agricultural or pastoral activities.

Background

The property was purchased by the Tasmanian Land Conservancy (TLC) through a Revolving Fund, which is used to buy land with significant conservation values to protect forever through the use of a conservation covenant. Funding for the purchase of this land was provided by the Australian Government through the Forest Conservation Fund Program. Money raised from the sale of Revolving Fund properties is directed into the purchase of other Revolving Fund properties in Tasmania, extending the value from every dollar within the Fund.