OFF MARKET

1035 Manks Road
Dalmore VIC 3981

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 188400m2
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Property Details for 1035 Manks Rd, Dalmore

Building Type
Commercial
Land Size
188400m2
Local Government
Cardinia
Lot/Plan
1/TP602519

Last Listing description (November 2024)

Unquestionably this is a well located land-banking opportunity, a meticulous property with attractive long term lease returns.
Manks Road property is highly regarded and in demand by astute investors and this one is prime being approximately 6 kms from ongoing urban development.
Almost 48 acres of the best Dalmore soil and carefully farmed for decades and currently producing premium asparagus, it is offered to the market as an excellent investor package with solid leaseback arrangements with potential for long term extension.

Convenient location, a short drive from major fully serviced towns of Pakenham, Cranbourne and Kooweerup and a short drive to the M1 via the new bypass.
Key features include:
? 47.8 acres of land, with good shedding , four bedroom BV home,
? highly fertile Dalmore country, fully secured with Agi. pipe drainage,
? prominent location, duel road access, currently in asparagus (under lease),
? secure irrigation water supply from 25 MLs dam, 17 Mls. Cardinia creek license,
? large l/u steel and zinc shed - 24.5Mx12.5Mx4M, 6 x 13,500l water tanks,
? large hardstand yard and parking area, separate farm access lanes,
? four (4) bedroom brick veneer home, 2 living areas, rear entertainment area,
? main bedroom with ensuite, second bathroom
? recent new renovations included full bathrooms, all new carpets and tiling,
? spacious kitchen adjoining dining area, huge walk-in pantry,
? separate fabulous fully self contained outdoor entertainment room.
This fully rounded package offers a great opportunity for investor and land-banking players as well as a wonderful secure purchase for a family with the ability to move in and isolate and lease the land component for a genuine passive income......

Property History for 1035 Manks Rd, Dalmore, VIC 3981

A timeline of how this property has performed in the market
Last Transferred
27 Aug 2024
  • 13 Nov 2024
    Listed for Sale Not Disclosed
  • 27 Aug 2024
    Transferred
  • 08 Jan 2024
    Listed for Sale Contact Agent

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About Dalmore 3981

The size of Dalmore is approximately 17.8 square kilometres. The population of Dalmore in 2011 was 3,079 people. By 2016 the population was 162 showing a population decline of 94.7% in the area during that time. The predominant age group in Dalmore is 40-49 years. Households in Dalmore are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dalmore work in a managers occupation. In 2011, 74.2% of the homes in Dalmore were owner-occupied compared with 89.2% in 2016..

Dalmore has 102 properties. Over the last 5 years, Houses in Dalmore have seen a 20.48% increase in median value. As at 31 October 2024:

  • The median value for Houses in Dalmore is $1,534,382 while the median value for Units is $1,218,348.
There are currently 1 property listed for sale, and no properties listed for rent in Dalmore on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Dalmore.

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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.