Get paid $100k to live in this Tasmanian cottage

By
Orana Durney-Benson
November 29, 2024

This spectacular 140-acre estate in northern Tasmania comes with an unexpected bonus. 

Just outside Devonport is Weona, a sprawling country estate where trees dot the hills as far as the eye can see. 

Offers Over $1,100,000
2317 Frankford Road, Frankford TAS 7275
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In fact, these trees are more than just a scenic addition to the landscape. Every five years, the 90-acre eucalyptus niten plantation could rake in up to $100,000 for the lucky homeowner. 

The plantation is leased out to a company, which gives the owner a chunky payout when the harvest is in. In effect, the owners have a real-life money tree in their backyard. 

The 19th-century main house. Photo: LJ Hooker Devonport

Weona is now on the market for offers over $1.1 million. It’s a steep price for property in this part of the world, but you could get a lot of bang for your buck. 

The estate comes with two separate dwellings: an 1880s woodchopping hall that is now a four-bedroom family house, and a separate granny flat. 

Cosy fireplace for cold Tassie nights. Photo: LJ Hooker Devonport

Each home comes with a wood-burning stove, sleek modern kitchen, and panoramic views over the surrounding fields. 

Outside, there is a spring-fed lake that comes with a romantic island and footbridge. 

The property has its own lake. Photo: LJ Hooker Devonport

There’s no shortage of space on this property, with 50 acres of cleared pastures, two fenced paddocks, and 90 acres of forest. 

“Whether you are looking to buy with family or friends, you simply entertain a lot or wish to buy a property with potential income generation, this one could be your answer,” the listing reads. 

“This is one huge slice of Tassie paradise with endless potential for growth and making memories with family and friends.” 

Tyla Pyke from LJ Hooker Devonport is the agent for this property.

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