15-17 Tarrawarra Rd, Coldstream is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 181096m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last transferred in May 2005.
In the heart of the Yarra Valley's tightly held tourist precinct, this spectacular 44.75-acre sits amidst the Golden Mile's premier tourism businesses.
Presently run as Air B&B tourism accommodation the recently renovated home comprises spacious living areas including an open plan kitchen/meals/family room, formal living room with wood fire, 5 bedrooms the main bedroom with ensuite and walk-in robe, a large family bathroom includes a spa and double vanity, all bedrooms have split system heating/cooling, study area, lockable storage room for air B&B supplies, and a double garage.
The brick veneer home features a covered full-length verandah overlooking the property, an ideal area to sit and enjoy a Yarra Valley sunset, and the surroundings also include a large patio area.
Connected to mains water a deep-water channel also supplies stock water. Predominantly prime Yarra River flats that grow an enormous amount of grass for hay production and grazed livestock, the property rises away from the river flats towards the Maroondah Hwy.
Being sold as lot 2 on a plan of subdivision this offering represents an exceptional opportunity to invest with generous terms offered, in an area where the demand for prime tourism sites continues to increase while availability continues to decrease, making for a blue-chip property investment.
The size of Coldstream is approximately 55.8 square kilometres. It has 10 parks covering nearly 0.5% of total area. The population of Coldstream in 2011 was 2,338 people. By 2016 the population was 2,170 showing a population decline of 7.2% in the area during that time. The predominant age group in Coldstream is 30-39 years. Households in Coldstream are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coldstream work in a trades occupation. In 2011, 84.8% of the homes in Coldstream were owner-occupied compared with 85.1% in 2016.
Coldstream has 1,018 properties. Over the last 5 years, Houses in Coldstream have seen a 37.30% increase in median value, while Units have seen a 15.46% increase. As at 31 August 2024:
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