SOLD
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Sold on 20 Dec 2023 for $1,900,000

577 Benalla-Tatong Road
Benalla VIC 3672

Bedrooms: 5
Bathrooms: 2
Car spaces: 9
Floor area: 550m2
Land area: 40ac
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Property Details for 577 Benalla-Tatong Rd, Benalla

Building Type
Rural
Floor Size
550m2
Land Size
40ac
Local Government
Benalla
Lot/Plan
2/PS416574

Last Listing description (December 2023)

'Cottonwood Lane'

Presenting an outstanding quality five-bedroom family home on an attractive and productive circa forty acre or 16 hectare lifestyle and rural holding centrally located at 577 Benalla to Tatong Road.

Known as ‘Cottonwood Lane’ this property is only five kilometres from the main street of Benalla and is located on a main road that is judged as the “golden mile” for small acreage residential and lifestyle living.
The home with an area under roof of fifty-five squares was built in the early 2000s by a premium local builder. The home built in sandstone style block construction with a Colorbond roof has a substantial presence.
There are five large bedrooms all with substantial robe spaces and the main having its own ensuite and walk in wardrobe.
The main living and dining areas are serviced by a combustion firebox with ducted air conditioning throughout the home. There is also a powder room and a home office.
The there is a significant and fully equipped central kitchen with an island bench and quality appliances.
Four of the bedrooms are located at the opposite end of the home and are service by a living and television lounge space supported by a double-sided fireplace.
They access a family bathroom with a spa bath.
There is a rumpus / billiard room large enough to accommodate a full-sized billiard table.
The home is large enough to accommodate parents and family living in separate areas, or alternatively senior family members could happily coexist in their own space of this ideally laid out home.
Importantly a number or rooms on the northern aspect have full length double glass French Doors which open out onto a deck and garden area or an extensive veranda that taps the northern aspect and capture the sunrise each morning.
There is also a double car garage under the roof line of the home with roller doors for security and easy access.
The Cottonwood Lane property is subdivided into six securely fenced paddocks with a solid set of cattle yards and loading race.
Cottonwood Lane has typically run up to twenty cows and calves or produced bobby calves on the level landform and the very productive pastures which have been well maintained by fertiliser applications.
There is a five hundred metre rear boundary to the reliable Hollands Creek, which also allows a two megalitre stock and domestic water right.
There is also 130,000 or rainwater storage in tanks for household uses there is also a substantial water feature in a natural depression on the eastern side of the property stocked with fish and where there is an operational windmill. There also is an established bore to twenty metres with a submersible pump that is another unlimited source of quality water.
For a trades or business operator there is significant quality established shedding capacity of two eighteen by twelve metres steel framed and clad structures.
The first shed has a concrete floor and power installed, even a bar for end of a day relaxation. The second shed of three bays is open fronted and houses farm machinery, a truck or van and hay storage.
There is also sand dressage area and two shelters to provide for an equine interest.
This property has been established by the vendor with significant attention to detail including gardens and landscaping that includes a driveway lined with quality feature trees. This is a property in great heart with an outstanding presentation where the buyer will need no incoming capital investment. The home is ideally suited to family living (there is a school bus pick up virtually at the gate) or it could suit a multi-generational lifestyle.
The location is only five kilometres from the Benalla main street and all its retail and services offers makes it an ideal lifestyle destination for a purchaser wanting to relocate to regional Victoria. It will also suit a farmer downsizing from a substantially larger holding but wanting to retain an ongoing involvement in an animal venture, machinery and to enjoy unrestricted rural living on an easily managed acreage.
For more property information or an appointment to view contact selling agents Elders Real Estate in Wangaratta or their agent Michael Everard on 0418 653 161.

Property History for 577 Benalla-Tatong Rd, Benalla, VIC 3672

A timeline of how this property has performed in the market
Last Sold
$1,900,000
20 Dec 2023
Listed for Rent
$600/w
08 Oct 2019
  • 18 Dec 2023
    Sold for $1,900,000
  • 28 Aug 2023
    Listed for Sale $2,150,000
  • 08 Jan 2020
    Transferred
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About Benalla 3672

The size of Benalla is approximately 315.3 square kilometres. It has 32 parks covering nearly 7.6% of total area. The population of Benalla in 2011 was 10,333 people. By 2016 the population was 10,355 showing a population growth of 0.2% in the area during that time. The predominant age group in Benalla is 60-69 years. Households in Benalla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Benalla work in a trades occupation. In 2011, 67.7% of the homes in Benalla were owner-occupied compared with 67.2% in 2016.

Benalla has 7,136 properties. Over the last 5 years, Houses in Benalla have seen a 57.23% increase in median value, while Units have seen a 49.78% increase. As at 31 October 2024:

  • The median value for Houses in Benalla is $428,618 while the median value for Units is $321,076.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 47 properties listed for sale, and 20 properties listed for rent in Benalla on OnTheHouse. According to CoreLogic's data, 272 properties were sold in the past 12 months in Benalla.

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Contact agent
Michael Everard
Show contact details
Dave Colvin
Show contact details
Elders Rural Services Australia
Preferred contact:
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.