Sold for $800,000
Sold for $800,000Monbulk VIC 3793
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Property was sold on 17 October 2013.
Sold on 17 October 2013.
5 beds
2 baths
1 car
Rural
39659m²
5
2
1
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Rural
39659m²
Property Features
SOLD - CONDITIONAL UNTI 8.7.13 The incredible list of infrastructure on this farmlet is likely to have anyone excited especially when you realize that the infrastructure could yeild in excess of $100k pa from multiple forms of storage & rental. The multiple scources of income availible are derived from the leasing of the 20 secure coolrooms, leasing of the farming infrastructure such as multispan igloos, the balance of vacant productive land and the home if you do not wish to live on site. Although an unlikely investment, with today's superannuation returns it could be the best investment you will ever make and provide an impressive income in retirement so unlike the rest of the population you can realize your dreams not count your penny's!! A breif overview of the property and infrastructure starts with home, a substantial 5 bedroom, 2 bathroom brick residence with 2 living areas, hydronic heating, ducted reverse cycle A/C, 2 fully fenced yards for kids, a large covered deck with a view, separate access with garaging and is located in one of the closest rural areas to town ( approx 3 km or 2-3 minutes by car ) There is also a number of school buses within walking distance for the kids as well as the proposed new soccer facility. The shedding expands over 1900 m2 or almost 1/2 an acre and includes almost 800 m2 of 3.6 m plus clearance. Currently fitted with 20 separate coolrooms (some heat/cool some cool only) and several with 12" thick fully insulated concrete, the potential uses for these secure spaces are endless. The property has sealed road frontage with good access for trucks, mains gas and a open and sunny easterly aspect with rich red fertile soil. The farming improvements includes 25 multispan hot houses in varying configurations including 7 with computer controlled hydronic heating and 15 with computer controlled watering. Water supply is via 2 bores with a pumping right of 9+ megalitres, a dam with an estimated capacity of approx 5.5 megalitres a large storage tank and several single and 3 phase pumps for the varying watering needs around the property. Change your future this weekend and inspect this impressive property. See website for OFI times. The list of improvements needs to be seen to be appreciated. An interesting proposition no matter how you look at it. Inspect this weekend at the OFI !