OFF MARKET

301 Gilberts Road
Verona NSW 2550

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 810700m2
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Property Details for 301 Gilberts Rd, Verona

Building Type
Rural
Land Size
810700m2
Local Government
Bega Valley
Lot/Plan
1/DP1174132

Last Listing description (August 2020)

FALCON RIDGE HISTORY: The lovely homestead was first built around 1920. The property was, and still is, known as some of the best undulating grazing land in the Bega Valley. In the past a successful dairy and pig operation has been run.

SERVICES: Mains power plus solar power, telephone and internet, good mobile reception, school bus to primary school at Cobargo, Quaama or Bega and high school in Bega with pick up from the front gate. Bega provides infrastructure by way of education, shopping and medical facilities including a new Regional Hospital. Daily return air services to Sydney and Melbourne from Merimbula.

AREA: 200 acres unrestricted freehold in one title within Bega Valley Shire.

COUNTRY: The property has approximately 500m of Creek flowing through the farm and is cleared except for the tree lined plantings along the boundaries with good shade areas for animals. The property has only been lightly grazed in recent years and was pasture improved in 2016.
OLIVE GROVE: Property boasts 240 Olive trees, 200 used for producing oil and 40 are table olives.

WATER: The permanent creek provides quality garden water supply to the home and troughs in surrounding paddocks. This is also supported by 5 medium size dams in total and one large dam and approximately 70,000L of rainwater tanks.

RAINFALL: Annual average rainfall is around 900mm (36 inches) per annum.

IMPROVEMENTS: The "Falcon Ridge" homestead is a spacious, 4 bedroom home plus study and rumpus room, originally built around 1920, has been restored and maintains its original period architecture. An open plan living area, new kitchen, main bedroom and ensuite have all been added. It features 10" ceilings, wide timber floor boards, sweeping verandahs on all sides and a carefully designed garden. This gives the feeling of a true country home. The solar heated inground pool will impress the owners and visitors alike. Other improvements include old style timber garage with attached shed, 4-bay colourbond shed, chicken pen, vegetable garden, orchard and an excellent set of cattle and goat yards.

FENCING: The property is fenced into 11 paddocks with mostly new materials suitable for cattle, sheep and goats.
AGENTS COMMENTS: "Falcon Ridge" is well placed in an elevated picturesque natural setting in the beautiful Verona Valley with easy access to the beautiful beaches of Bermagui 25 minutes away and 30 minutes drive to Bega being the hub of the Far South Coast. It enjoys its own privacy where many species of birds frequent the garden and it's surrounds. The property is a well presented rural acreage with permanent creek and springs. It's an historic and peaceful home, an easy property to care for and would be well suited to any person seeking the quiet and tranquillity of a rural lifestyle with the option of a diverse selection of nearby activities.

Property History for 301 Gilberts Rd, Verona, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$1,200,000
02 Jul 2020
  • 02 Jul 2020
    Sold for $1,200,000
  • 30 Mar 2020
    Listed for Sale $1,290,000
  • 02 Jan 2019
    Listed for Sale $1,290,000
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About Verona 2550

The size of Verona is approximately 65.7 square kilometres. It has 1 park covering nearly 28.1% of total area. The population of Verona in 2011 was 414 people. By 2016 the population was 288 showing a population decline of 30.4% in the area during that time. The predominant age group in Verona is 60-69 years. Households in Verona are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Verona work in a managers occupation. In 2011, 90.8% of the homes in Verona were owner-occupied compared with 85.9% in 2016.

Verona has 153 properties. Over the last 5 years, Houses in Verona have seen a 56.77% increase in median value, while Units have seen a 2.51% increase. As at 30 November 2024:

  • The median value for Houses in Verona is $844,440 while the median value for Units is $313,034.
There are currently 2 properties listed for sale, and no properties listed for rent in Verona on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Verona.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.