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.

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 149 properties. Over the last 5 years, Houses in Cheshunt have seen a 47.24% increase in median value, while Units have seen a -78.99% decrease. As at 31 October 2024:

  • The median value for Houses in Cheshunt is $984,367 while the median value for Units is $508,438.
There are currently 1 property listed for sale, and no properties listed for rent in Cheshunt on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Cheshunt.

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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.