A unique opportunity to secure a magnificent land holding in this much sought after foothills location just a 10 minute drive (approx.) to Tea Tree Plaza. Having had extensive improvements on the land including a gated entry, bitumen and kerbed driveway, large shed, drainage, bore (pump not operational), 4 well fenced paddocks as well as the main land area, landscaped dam, well planted with fruit and nut trees including approx. 500 olive trees, grape vines and extensive irrigation in place. What a wonderful place to build your home (STCC), raise your family and live the ultimate treescape dream.
The vendors statement may be inspected at 1332 North East Rd Tea Tree Gully for 3 consecutive days immediately preceding the auction and at the auction for 30 minutes before it starts.
Auction on site Friday 5th June at 12.30pm.
The size of Upper Hermitage is approximately 10.5 square kilometres. It has 1 park. The population of Upper Hermitage in 2011 was 327 people. By 2016 the population was 271 showing a population decline of 17.1% in the area during that time. The predominant age group in Upper Hermitage is 50-59 years. Households in Upper Hermitage are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Hermitage work in a trades occupation. In 2011, 90.4% of the homes in Upper Hermitage were owner-occupied compared with 95.8% in 2016..
Upper Hermitage has 155 properties. Over the last 5 years, Houses in Upper Hermitage have seen a 59.46% increase in median value. As at 31 October 2024:
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