OFF MARKET

31 Fosterton Road
Cobains VIC 3851

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 124983m2
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Property Details for 31 Fosterton Rd, Cobains

Building Type
Commercial
Land Size
124983m2
Local Government
Wellington
Lot/Plan
2/LP131590

Last Listing description (November 2020)

A great opportunity exists to begin the rebuilding of a strong business to service throughout Gippsland and the local community. Extensive funds have been spent on the architectural & engineered drawings of the abattoir plans for a small stock floor, with relevant permits received from authorities, plus a planning permit for a beef kill floor.

A fire at the Abattoir in June 2017 led to the business not being able to supply the butchers and supermarkets across Gippsland as previously supplied for over 50 years. The business processed 500 lambs, 120 cattle and up to 80 pigs each week.

The property consists of a large commercial steel shed of 30mx18mx3.5m, with internal yarding, great for feed lots, 2 silos, portable yards, loading ramps, portable offices with kitchen, toilet and laundry area, plenty of storage possibilities with shedding, hay sheds, maintenance sheds and truck storage. There are 4 effluent ponds with an effluent pump, and a bore with pump for all your water needs. There are approximately 3 paddocks with rural fencing and large double steel gates at the entrance to the property and 30 megalitres of irrigation water.

The former local Abattoir is situated on the outskirts of Sale, 7km directly from the Princes Highway to the main gate and only a 10 minute drive to the CBD, on approximately 13.03 hectares of farm zoned rural land.

If you are interested in building and running a great business that could play a large role in local rural markets please contact Tony Kiss on 0419 526 637 or via email at tkiss@wress.com.au for further details.

Property History for 31 Fosterton Rd, Cobains, VIC 3851

A timeline of how this property has performed in the market
Last Sold
$339,000
13 Oct 2020
  • 13 Oct 2020
    Sold for $339,000
  • 25 May 2020
    Listed for Sale Expression of Interest
  • 16 Aug 2007
    Sold for $357,500

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About Cobains 3851

The size of Cobains is approximately 34.4 square kilometres. The population of Cobains in 2011 was 490 people. By 2016 the population was 225 showing a population decline of 54.1% in the area during that time. The predominant age group in Cobains is 40-49 years. Households in Cobains are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cobains work in a managers occupation. In 2011, 78.3% of the homes in Cobains were owner-occupied compared with 81.4% in 2016..

Cobains has 132 properties. Over the last 5 years, Houses in Cobains have seen a 122.69% increase in median value. As at 30 September 2024:

  • The median value for Houses in Cobains is $893,878.
There are currently no properties listed for sale, and no properties listed for rent in Cobains on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Cobains.

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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.