Located in the picturesque town of Buchan, nestled above the Buchan River and adjacent to the Buchan Cave Reserve, this large cabin, once a thriving backpacker draw card, could be ready to become a home.
This property features a substantial kitchen, dining and living area offering natural timber panelling, central woodfire and a beautiful outlook from each window.
With 5 sizable bedrooms/bunk rooms, 3 serviced with their own ensuite and 2 additional bathrooms within the property, there is an opportunity to continue the use for accommodation or use this amazing location for your family home.
Adding to the character of the property, the home is surrounded by verandas, offers plenty of outside space to entertain family and friends, surrounded by established gardens and a stone's throw away from the Buchan River, it's a rare find in any market.
Additional extras include solar power, good shedding and furniture included.
Don't miss out, call Sean Sabell on 0437 898 426 for your inspection today
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
The size of Buchan is approximately 429.6 square kilometres. It has 5 parks covering nearly 88.6% of total area. The population of Buchan in 2011 was 386 people. By 2016 the population was 226 showing a population decline of 41.5% in the area during that time. The predominant age group in Buchan is 50-59 years. Households in Buchan are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Buchan work in a managers occupation. In 2011, 78.8% of the homes in Buchan were owner-occupied compared with 77.9% in 2016..
Buchan has 285 properties. Over the last 5 years, Houses in Buchan have seen a 119.64% increase in median value. As at 30 September 2024:
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