OFF MARKET

91 Balnarring Road
Balnarring VIC 3926

Bedrooms: 8
Bathrooms: 6
Car spaces: 6
Land area: 101093m2
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Last updated 16 Sep 2024
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Property Details for 91 Balnarring Rd, Balnarring

Building Type
Land
Land Size
101093m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP547859

Last Listing description (October 2024)

This is a sensational opportunity to purchase a prime property that offers the potential for multiple business and creative lifestyle pursuits.

Twenty-five (approx) acres located within walking distance to the village of Balnarring.

The property was originally owned by the Waymouth's in the 1960 and 70's, they had a high-profile thoroughbred training facility that consisted of a kilometre long gallop track, grand stable block of 15 stables with tack rooms, bathroom and tie up rails.

Along with an additional stable block of 9 large stables there is an undercover round yard, hot wash, arena, machinery and float shedding.

As you enter the property there are two houses known as the gate house and cottage that sit either side of the drive with their own enclosed gardens.
The gate house has been recently fully renovated to a very high standard and includes two double bedrooms, two bathrooms, open plan lounge and kitchen with French doors leading out to a paved entertaining area.

The cottage has two bedrooms, one bathroom and open lounge, dining and kitchen. French doors lead out to a deck which is the perfect place to sit and look at the tranquil views over the paddocks and beyond.

The main house is set at the back of the property and situated to have the best views over the paddocks. The house offers two bedrooms upstairs with shared bathroom and study zone. On the ground floor there is the main bedroom which has a full ensuite and walk-through robe. There is also another double bedroom/optional living room, bathroom in addition a main lounge and dining area on this level.

The deck at the front of the house is a great space for entertaining and taking in the view.

The vendor has fully approved plans and permit for an extension for the main house that can be viewed by request.

Other features include:

- Mains water plus tanks
- Business opportunities
- 7 large paddocks with shelters
- 8 post and rail yards with shelters

There is so much to see that an inspection is a must to fully appreciate all that is on offer at this exceptional lifestyle property.

Property History for 91 Balnarring Rd, Balnarring, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$1,300,002
14 Aug 2012
Listed for Rent
$1.45k/w
16 Feb 2015
  • 10 Jul 2023
    Listed for Sale Undisclosed
  • 02 Feb 2022
    Listed for Sale Contact Agent
  • 28 Jan 2015
    Listed for Rent $1,450 / week
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About Balnarring 3926

The size of Balnarring is approximately 26.7 square kilometres. It has 11 parks covering nearly 4.8% of total area. The population of Balnarring in 2011 was 2,526 people. By 2016 the population was 2,267 showing a population decline of 10.3% in the area during that time. The predominant age group in Balnarring is 60-69 years. Households in Balnarring are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balnarring work in a professional occupation. In 2011, 85% of the homes in Balnarring were owner-occupied compared with 85% in 2016.

Balnarring has 1,212 properties. Over the last 5 years, Houses in Balnarring have seen a 41.98% increase in median value, while Units have seen a 29.00% increase. As at 31 October 2024:

  • The median value for Houses in Balnarring is $1,199,189 while the median value for Units is $641,007.
  • Houses have a median rent of $700 while Units have a median rent of $483.
There are currently 20 properties listed for sale, and no properties listed for rent in Balnarring on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Balnarring.

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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.