Opportunity to purchase 69.26 hectares (171 acres) disused former Holiday Camp in picturesque Allambee Reserve. Located 14.5 kilometres South of Princes Freeway and Yarragon township, this sizeable rural holding in one title boasts an outstanding panorama with far reaching views. Improvements on the property comprise 20 room dormitory accommodation building with bunk beds, central lounge / dining hall, kitchen and bathrooms. The principle dwelling has 5 bedrooms and open plan living. A disused inground swimming pool and Tennis Court are also provided as is older style sundry shedding. The land itself is approximately 60% bush / vegetation and balance pasture. Accessed via a centrally located winding track, the property has mainly boundary fencing. A sizeable storage dam is located in the front section of the property. The property is being offered for sale by Public Auction and inspection is by appointment only.
The size of Allambee Reserve is approximately 21.1 square kilometres. It has 2 parks covering nearly 11.5% of total area. The population of Allambee Reserve in 2011 was 264 people. By 2016 the population was 97 showing a population decline of 63.3% in the area during that time. The predominant age group in Allambee Reserve is 0-9 years. Households in Allambee Reserve are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Allambee Reserve work in a managers occupation. In 2011, 88.7% of the homes in Allambee Reserve were owner-occupied compared with 70.9% in 2016..
Allambee Reserve has 40 properties. Over the last 5 years, Houses in Allambee Reserve have seen a 91.46% increase in median value. As at 28 February 2025:
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