FOR SALE
$750,000

Morehouses Bridge Road
Glenfyne VIC 3266

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 135ac
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135 ACRES - RURAL/LIFESTYLE OPPORTUNITY

Rare opportunity - set in picturesque Glenfyne, elevated above undulating rolling hills and trees, is this amazing approx 135 acres, consisting of approximately 100 acres of arable farming land and 35 acres of bush, complete with wildlife, trees and rainforest-like gullies. Where this becomes an ideal, and quite unique, lifestyle opportunity, is that the vendor will lease back the land at approximately $30,000 per annum, allowing you to section off a small part of your choosing if you like to create your home or getaway site.
This gives you the dual benefit of immediate return on investment, and the added bonus of not having to maintain the property, while still enjoying space and separation from neighbouring properties. There are several home site options, with some giving absolutely stunning elevated views across the countryside. The property is located just a few hundred metres off the Cobden-Warrnambool Road, where power runs past, however where the best home sites are located may mean that going off-grid is a better option.
There is an old bore that is no longer in use and no longer has its windmill, currently water is pumped from the vendor's adjacent property, which can continue as he will be leasing the property. Also includes a leasehold interest in a treed unused government road section along one boundary with dirt-road access. Sure to appeal, check out the video and photos and enquire for more information.
To view the video, please visit the link below:
https://youtu.be/xvZ3lUful_w
Disclaimer:
For Statement Of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.
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Property Details for Morehouses Bridge Rd, Glenfyne

Building Type
Rural
Land Size
135ac

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About Glenfyne 3266

The size of Glenfyne is approximately 54 square kilometres. The population of Glenfyne in 2011 was 197 people. By 2016 the population was 122 showing a population decline of 38.1% in the area during that time. The predominant age group in Glenfyne is 10-19 years. Households in Glenfyne are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenfyne work in a managers occupation. In 2011, 83.8% of the homes in Glenfyne were owner-occupied compared with 72.8% in 2016..

Glenfyne has 65 properties.

    There are currently 1 property listed for sale, and no properties listed for rent in Glenfyne on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Glenfyne.

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