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Sold on 01 Nov 2024 for $1,010,000

1329 Egerton-Ballark Road
Bungal VIC 3334

Bedrooms: 2
Bathrooms: 2
Car spaces: 6
Floor area: 190m2
Land area: 20ac
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Property Details for 1329 Egerton-Ballark Rd, Bungal

1329 Egerton-Ballark Rd, Bungal is a 2 bedroom, 2 bathroom AcreageSemi-rural with 6 parking spaces. The property has a land size of 20ac and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom AcreageSemi-rural sold in Bungal in the last 12 months.

Building Type
AcreageSemi-rural
Floor Size
190m2
Land Size
20ac
Local Government
Moorabool
Lot/Plan
16A/PP2047

Last Listing description (November 2024)

The Phone Code for this property is: 46581. Please quote this number when phoning or texting.

Discover your dream retreat with this exquisite mid century modern style home, gracefully situated on a sprawling river front property. This unique residence harmoniously blends iconic design with breathtaking natural beauty, offering a serene lifestyle just waiting for you but act quickly, this property opportunity will not last.

Property Highlights

Architectural Highlights
Experience the allure of mid-century modern design, featuring open spaces and floor to ceiling windows that showcase stunning rural/riverside veiws.

Generous Living Space
This home boasts two spacious bedrooms and two stylish bathrooms( ensuite has a free standing bath) providing ample room for family and guests. There is also a reading room and day bed area.

Cook's Kitchen
The updated kitchen is a cook's delight equipped with modern appliances, timber top benches and an adjoining dining/sunroom perfect for entertaining.

Expansive Outdoor Living
Step outside to your private oasis. Enjoy a large deck (40m2) overlooking the river valley, ideal for al fresco dining, relaxing, or hosting gatherings with friends or family. The surrounding landscape is perfect for hiking, birdwatching and exploring.

Revenue Opportunity
The property has a very long term Neighbour Agreement with a renewable energy provider. The annual renumeration is considerable. Contact us for further information.

Prime Location
Located just 20 minutes by car from the vibrant community of Ballan, you'll have the convenience of local shops, hotels, cafes, medical facilities and the Ballan rail station while enjoying the peacefulness of country living.

Property Features
* Large free-standing detached horticultural shed/space 38m2 size
* Spacious workshop/shed, 54m2 size, high roof
* Two dams, one spring fed, other a livestock walk in type. Power connected to main dam for pump operation.
* Three large fenced paddocks featuring excellent river soil
* Adjoins Bungal State Forest on river boundary
* Extensive flat areas for camping or horses
* Outdoor fireplace, camp-fire locations throughout the property
* Large vegetable garden suitable areas with resources
* Offroad parking for cars, buses or caravans
* Property fully fenced with vermin control netting
* Five water tanks on property totalling 80,000 litres capacity
* Extensive plantings of native trees as shelter belts.
* Long tree lined driveway
* Long term (22 years) significant revenue contract in place ( contact us for details)
* High quality telecommunications 4G, 5G Ground station booster/ Satellite internet/ VAST Satellite TV free to air

This property had previously been operated very successfully as an Air BnB/Homestay. Other possible business opportunities include as a boutique wedding venue ( STCA), Horticulture, ecotourism and viticulture. Also, the property had previously operated as an Australian plants nursery. Whilst this has been dismantled, a lot of the legacy infrastructure remains including dam improvements, irrigation equipment, water tanks, a native display garden and the enhanced shed.. all of which improve the value and utiility of the property.

The large plantings of floristry suitable flowers and foliage present an opportunity to supply the floristry trade with unique and highly sought after varieties including acacia, hakea, protacea, Western Australian species and many species of eucalypt . Trade contacts available.

The V Line service operating from Ballan to Melbourne Southern Cross offers up to 13 daily return services on comfortable fast trains. This service takes about an hour to Southern Cross.

A welcome pack of useful farm items will be included for the purchaser including fencing tools, fencing supplies, posts and other items with a replacement value over $2000 to help with your new project, at no charge.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 1329 Egerton-Ballark Rd, Bungal, VIC 3334

A timeline of how this property has performed in the market
Last Sold
$1,010,000
01 Nov 2024
Listed for Rent
$575/w
17 Feb 2022
  • 01 Nov 2024
    Sold for $1,010,000
  • 22 Sep 2024
    Listed for Sale $995,000-1049000
  • 28 Oct 2019
    Listed for Rent $495 / week
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About Bungal 3334

The size of Bungal is approximately 51.5 square kilometres. It has 1 park covering nearly 17.9% of total area. The population of Bungal in 2011 was 170 people. By 2016 the population was 33 showing a population decline of 80.6% in the area during that time. The predominant age group in Bungal is 40-49 years. Households in Bungal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bungal work in a professional occupation. In 2011, 93.8% of the homes in Bungal were owner-occupied compared with 87.6% in 2016..

Bungal has 39 properties. As at 31 October 2024:

  • The median value for Houses in Bungal is $993,063.
There are currently no properties listed for sale, and no properties listed for rent in Bungal on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Bungal.

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For Sale By Owner (VIC)
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For Sale By Owner Australia Pty. Ltd.
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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.