FOR SALE
$895,000

21 Monks Lane
Panmure VIC 3265

Bedrooms: 3
Bathrooms: 2
Car spaces: 7
Land area: 38ac
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ACREAGE LIFESTYLE/DEVELOPMENT OPPORTUNITY

This conveniently located approximately 38-acre lifestyle property with over six hundred metres of peaceful, private river frontage is prime for future development!
Currently comprising 6 crown allotments with a modest 3 bedroom home and lots of shedding, it is a functional lifestyle property- but with its Rural Living zoning also allowing for subdivision down to 2.5-acre allotments (STCA) this could very well be a small developer's dream come true!
Set in the popular township of Panmure and only minutes from the general store, Hotel, camping and sporting grounds and swimming hole. This property is well placed with easy access to school buses to both Terang and Warrnambool. It is only 10 mins to the beautiful Hopkins Falls, 15 mins to Terang and 20 mins to Warrnambool.
The humble conite home has 3 bedrooms and 2 living areas with the potential to convert one into a large main bedroom. Flexible enough to suit a variety of families, it is just waiting for you to put your stamp on it!
External improvements include 2 x 3 bay machinery sheds, double length garage, hay stand, ex-dairy building with single stand shearing area, cattle yards, feed room, tool shed, bore water to livestock troughs and multiple rain water tanks servicing the home.
The 10 newly fenced paddocks each have shade and water and easy access to laneways, ready to accomodate an assortment of animals. The low-lying river flats are perfect for hay cropping and grazing in the warmer months.
Enjoy the mature fruit trees, uninterrupted rural views, private river access and occasional koala sighting! This property presents a rare and fantastic opportunity so close to town.
Disclaimer:
For Statement Of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications 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 21 Monks Lane, Panmure

21 Monks Lane, Panmure is a 3 bedroom, 2 bathroom AcreageSemi-rural with 7 parking spaces. The property has a land size of 38ac. The place is currently for sale with Wilsons Warrnambool & District Real Estate.

Building Type
AcreageSemi-rural
Land Size
38ac

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About Panmure 3265

The size of Panmure is approximately 86.4 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Panmure in 2011 was 272 people. By 2016 the population was 405 showing a population growth of 48.9% in the area during that time. The predominant age group in Panmure is 50-59 years. Households in Panmure are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Panmure work in a managers occupation. In 2011, 73.1% of the homes in Panmure were owner-occupied compared with 76.7% in 2016.

Panmure has 268 properties. Over the last 5 years, Houses in Panmure have seen a 78.22% increase in median value. As at 30 September 2024:

  • The median value for Houses in Panmure is $614,855.
There are currently 10 properties listed for sale, and no properties listed for rent in Panmure on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Panmure.

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