SOLD BY CHRIS WATTS
All offers will be considered for this absolutely visually stunning 32.37Ha (approx 80 acres) rural lifestyle property that will appeal to anyone looking for a secluded, peaceful and relaxing retreat for a family weekender, or as a potential site to build the new family home. It is a most picturesque slightly undulating property that is nestled within a large valley at the end of a no-through road and abutting the Cox Conservation Park which provides access to kilometres of bush walking trails. The property also has a beautiful gum-studded Finniss River frontage that provides opportunity for walks, picnics, bird watching, recreational fishing, yabbying and much more.
The two main paddocks along with a functional stock yard and loading ramp provide scope for grazing &/or hay making. In addition to two small dams on the property there is also a picturesque large man-made lake/dam close to the existing improvements. This also provides opportunity for recreational use.
The size of Mount Magnificent is approximately 17 square kilometres. It has 4 parks covering nearly 12.7% of total area. The population of Mount Magnificent in 2011 was 282 people. By 2016 the population was 55 showing a population decline of 80.5% in the area during that time. The predominant age group in Mount Magnificent is 60-69 years. Households in Mount Magnificent are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Magnificent work in a professional occupation. In 2011, 81.5% of the homes in Mount Magnificent were owner-occupied compared with 72.8% in 2016..
Mount Magnificent has 38 properties. As at 31 October 2024:
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