FOR SALE
$1,350,000

25 Neals Road
Metung VIC 3904

Bedrooms: 5
Bathrooms: 3
Car spaces: 6
Land area: 3.13ha
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Set on 7.7 acres on the outskirts of beautiful Metung, this versatile property offers a charming main residence and three unique guest accommodation options. Imagine the lifestyle you could live here, with the Gippsland Lakes just moments away, income from the holiday accommodation, and the beauty of rural surrounds.
The solid brick home boasts four bedrooms, all with built-in robes, including generous master with ensuite. A family bathroom features a relaxing spa bath. With spacious country kitchen and two living areas including meals area that opens to a north-facing verandah overlooking the garden, this home is perfect for family living. The cosy lounge room includes a wood-fire heater, new carpet, and high ceilings, providing a warm and inviting atmosphere. A double carport is also included for convenience.
Separate from the main residence, 'Rose Cottage' provides a fully self-contained space, featuring a kitchen, living area, private deck, and a spacious bedroom with a walk-through robe to the ensuite. There are also laundry facilities for added convenience. This unit would be perfect for use by extended family or could be included in the holiday accommodation offerings.
For a touch of the quirky, a refurbished 1930s train carriage offers unique guest accommodation, complete with bedrooms, bathrooms, lounge areas, and a kitchenette. An adjoining deck provides a lovely outdoor space. Additionally, 'Pier 9', the old dairy, has been transformed into rustic accommodation, featuring a large lounge, kitchen, bathroom, and bedroom, filled with character and charm.
The property also boasts a large 14m x 5.5m shed, complete with concrete floor, power and remote roller door, perfect for storing boats, vehicles, workshop space & general storage needs. Fenced paddocks are ideal for horses, alpacas, or a few sheep, and offer the flexibility to cater to various hobby farm pursuits.
This property offers the perfect blend of comfortable living and potential income from holiday accommodation, or a wonderful retreat for family and friends. Enjoy the nearby Tambo River for fantastic fishing, and take a short drive to the Metung Hot Springs, Metung Country Club golf course, and the vibrant Metung Village with its shops, cafes, and waterfront hotel.
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Property Details for 25 Neals Rd, Metung

25 Neals Rd, Metung is a 5 bedroom, 3 bathroom House with 6 parking spaces. The property has a land size of 3.13ha. The place is currently for sale with King & Heath First National - METUNG.

Building Type
House
Land Size
3.13ha

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About Metung 3904

The size of Metung is approximately 27.7 square kilometres. It has 7 parks covering nearly 1.7% of total area. The population of Metung in 2011 was 1,221 people. By 2016 the population was 1,449 showing a population growth of 18.7% in the area during that time. The predominant age group in Metung is 60-69 years. Households in Metung are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Metung work in a professional occupation. In 2011, 77.8% of the homes in Metung were owner-occupied compared with 79.4% in 2016.

Metung has 2,174 properties. Over the last 5 years, Houses in Metung have seen a 59.70% increase in median value, while Units have seen a 62.34% increase. As at 31 August 2024:

  • The median value for Houses in Metung is $701,835 while the median value for Units is $394,645.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 104 properties listed for sale, and 2 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Metung.

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Richard O'Byrne
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King & Heath First National - METUNG
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