UNDER CONTRACT
431 Lake Manchester Road, Kholo, 4306
Set amongst natural bushland, this exceptional property captures the dream of a relaxed, country lifestyle. Located in the western suburbs of Brisbane, Kholo, this unique 10 acre landholding is tranquil and private. The sealed driveway winds up to a spacious and stylish 140m2 steel barn. Connected to town water and three-phase power this offers the perfect escape from city life. The barn, currently used as a home, is fully air-conditioned and features polished concrete floors and a colonial pot-belly fireplace. The property also has a separate, large, building location envelope. Positioned in an elevated area, the gorgeous views and beautiful breezes make this an idyllic setting for your future dream home. There are three, fully-fenced paddocks, with mature shade trees and an automatic watering system, suitable for horses and livestock. There are established fruit trees in a fully irrigated orchard, and raised vegetable patches for the discerning gardener.
The size of Kholo is approximately 39.4 square kilometres. It has 7 parks covering nearly 0.5% of total area. The population of Kholo in 2011 was 398 people. By 2016 the population was 412 showing a population growth of 3.5% in the area during that time. The predominant age group in Kholo is 50-59 years. Households in Kholo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kholo work in a professional occupation. In 2011, 91.7% of the homes in Kholo were owner-occupied compared with 83% in 2016.
Kholo has 188 properties. Over the last 5 years, Houses in Kholo have seen a 80.68% increase in median value. As at 31 October 2024:
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