OFF MARKET

451 King Valley Road
Cheshunt VIC 3678

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1639m2
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Property Details for 451 King Valley Rd, Cheshunt

Building Type
Commercial
Land Size
1639m2
Local Government
Wangaratta
Lot/Plan
2/PS608668

Last Listing description (September 2023)

Nestled in the idyllic North East Victorian township of Cheshunt in the King Valley, The Oven @ Cheshunt has been delivering a unique culinary experience to local and tourist trades for the last three years.

The offering stems from home-grown seasonal produce and knowledge with a focus on products, including, but not limited to:
* Stone ground flour sourdough breads

* Pastries
* Pies
* Soups
* Pizza

The principles of The Oven include:
'To sell ethically & sustainably produced, breads, pastries, pies & seasonal produce.
To use biodynamic/organic wheat, rye & spelt grains sourced as regionally as possible (Western districts of Victoria)
To mill the flour in a stone mill on site in Cheshunt
To use a sourdough process for all the breads
Regional produce will always be used in preference to other ingredients'

With a seating capacity of 40 comprising both internally and externally, the venue is fully licensed with selection of local wines on hand to enjoy with a lunch or as an afternoon treat with family and friends.

*Generous 1639m2 land parcel
*298m2 Restaurant area
*2 meg domestic water licence (King River)
*Additional 2 meg domestic water licence over and above the standard 2 meg stock & domestic water licence. 4 meg total.
*2 x 22kw electric vehicle charging stations.

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Property History for 451 King Valley Rd, Cheshunt, VIC 3678

A timeline of how this property has performed in the market
Last Sold
$85,000
04 Aug 2009
  • 28 Aug 2023
    Listed for Sale $985,000 + SAV No GST if sold as Going Concern
  • 16 Aug 2022
    Listed for Sale $1,200,000 + SAV No GST if sold as going concern
  • 23 Jan 2010
    Listed for Sale FROM $110000
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About Cheshunt 3678

The size of Cheshunt is approximately 161.1 square kilometres. It has 3 parks covering nearly 46.7% of total area. The population of Cheshunt in 2011 was 257 people. By 2016 the population was 219 showing a population decline of 14.8% in the area during that time. The predominant age group in Cheshunt is 60-69 years. Households in Cheshunt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cheshunt work in a managers occupation. In 2011, 72.1% of the homes in Cheshunt were owner-occupied compared with 87.1% in 2016..

Cheshunt has 148 properties. Over the last 5 years, Houses in Cheshunt have seen a 64.67% increase in median value, while Units have seen a -78.99% decrease. As at 31 August 2024:

  • The median value for Houses in Cheshunt is $699,403 while the median value for Units is $386,310.
There are currently 2 properties listed for sale, and no properties listed for rent in Cheshunt on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Cheshunt.

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