OFF MARKET

18 Connellys Creek Road
Acheron VIC 3714

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1316000m2
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Property Details for 18 Connellys Creek Rd, Acheron

Building Type
Rural
Land Size
1316000m2
Local Government
Murrindindi
Lot/Plan
CP170180

Last Listing description (January 2024)

Nestled in the picturesque Acheron Valley 118 km from Melbourne CBD 10 minutes to Alexandra is this unique rural and commercial property. This magnificent country estate and conference centre comprises of 325 Acres 131.6 Hectares of good cattle country with a blend of creek flats and undulating hill country and a substantial commercial accommodation and conference facility ideal to generate a healthy income whilst enjoying an amazing country lifestyle.
Improvements:-
Colonial Style homestead building featuring return verandah's taking in superb views of the rolling hills and rural vistas.

-There are 20 motel rooms in the main building and 27 cottage rooms.
-Commercial kitchen, bar area with OFP and restaurant for seating up to 150 guests including a private dining room.
- 3 purpose built conference facilities
- Indoor heated swimming pool & Outdoor pool
- Sauna & Steam room
- Day spa facilities including 4 massage rooms and personal gym
- Large ornamental lake ideal for fishing
- Private 18-hole golf course (currently overgrown)
- 2 Tennis Courts, Volleyball & Lawn Bowls
-Full current liquor license
-Accommodation permit
-5 Acres of established vineyard with pinot noir, merlot & shiraz varieties
-Owner accommodation & 2 bedroom staff quarters

There is an abundant water supply with 150mg water bore, 150mg water entitlement from permanent Connelly's Creek that meanders through the property and 7 dams.
Rare opportunity to purchase prime real estate with multiple income generating avenues in Victoria's sought after playground.

Property History for 18 Connellys Creek Rd, Acheron, VIC 3714

A timeline of how this property has performed in the market
Last Sold
$5,500,000
13 Feb 2023
  • 09 Jun 2023
    Listed for Sale Not Disclosed
  • 13 Feb 2023
    Sold for $5,500,000
  • 16 Nov 2022
    Listed for Sale Price on Application
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About Acheron 3714

The size of Acheron is approximately 72.7 square kilometres. It has 1 park covering nearly 3.7% of total area. The population of Acheron in 2011 was 270 people. By 2016 the population was 140 showing a population decline of 48.1% in the area during that time. The predominant age group in Acheron is 60-69 years. Households in Acheron are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Acheron work in a managers occupation. In 2011, 79.2% of the homes in Acheron were owner-occupied compared with 82.7% in 2016..

Acheron has 136 properties. Over the last 5 years, Houses in Acheron have seen a 145.24% increase in median value. As at 31 July 2024:

  • The median value for Houses in Acheron is $1,136,681 while the median value for Units is $657,128.
There are currently 3 properties listed for sale, and no properties listed for rent in Acheron on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Acheron.

Suburb Insights for Acheron 3714

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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.