Last Listing description (October 2019)
The unique Silverwood property at 232 Farmers Road Everton Upper sits just about midway between Wangaratta and Beechworth and it has just been listed for private sale by the Elders Real Estate agent Michael Everard in Wangaratta.
With an asking price of $1.55 million Silverwood has multiple use options from lifestyle to specialist equine or other livestock-based activities with a broad range of value-added buildings already in place.
The vendor has conducted her successful Shahwan Park Arabian Horse Stud on the property with recent works implemented over the last couple of years at considerable investment in expanding the equine facilities.
Firstly, the farm property is quite substantial in size being a freehold area of 186 hectares (or 461 acres) plus an additional long term lease of another15 hectares (or 39 acres).
Built by a previous tradesman owner-builder is the significant and stylish three bedroom homestead positioned on a rise to take advantage of all the north east and alpine district views being reached by a kilometre-long access driveway.
The vendor having recently added about three kilometres of horse safe fencing that includes three double fenced stallion paddocks, two weanling or foaling down paddocks, plus nine larger paddocks that define the holding.
There is also a rectangular twenty by forty metre sand mnage area.
The Silverwood property also has excellent water resources including the reliable and fenced off Macky Spring, plus several spring fed paddock dams for stock purposes, with over 86,000 litres of rain water tank storage for domestic and garden use.
But it is the buildings that create interest especially since they are set in established garden areas that include espaliered fruit trees, potager plantings, even a strong producing 60 olive tree grove.
There is also a wine grape producing Shiraz and Nebbiolo vineyard of 1400 vines that could be developed further.
The sizeable homestead of some twenty five squares offers a large principal bedroom with its own ensuited facilities, plus two more bedrooms that are adjoined by another family bathroom.
It comes with a gourmet kitchen with stainless steel appliances, abundant storage, plus most rooms have garden or outside sitting area exposure.
The homestead also includes a separate media or library room that would make an ideal home office.
Significant other farm support buildings include a four vehicle carport, a machinery shed, two stall stable block with tack room plus hay or fodder storage, with a concrete floored workshop with its own mezzanine level and a cool room.
On the property is another self-contained cottage with one bedroom, a sitting or living area plus its own ensuite.
This building could be used for overflow or guest accommodation, as a holiday let, or bed and breakfast, or could even suit a permanent tenancy to supply another property income source.
Elders Real Estate's selling agent Michael Everard says that Silverwood at Everton Upper could be further utilised or expanded as an equine or specialist horse enterprise to continue the Arabian stud facilities which the vendor has created.
"There is also a lot of scope and potential to further develop the substantial area of farm land, or to just enjoy the lifestyle or garden environment including the bearing wine grape and olive groves that are in place.
"The location is ideal offering good nearby main road access to Beechworth or Wangaratta in either direction each being within fifteen to twenty kilometres away.
"The vendor works actively up and down the eastern seaboard as trainer and instructor in cowboy dressage so is finding she is away too often to fully enjoy the property and the works added under her ownership, so she is selling with a plan to downsize.
"With its comfortable and cosy homestead of character that was built to include a number of attractive materials this is a very liveable destination on a great land holding of some size.
"The extra cottage offers the opportunity of a potential income flow to be tapped as a farm stay, Airbnb, or even a permanent rental as many of the north easts major visitor drawcards are within easy reach.
"I think this will be an ideal choice for a lifestyle relocation from the City or for a continuation of a specialist equine interest" Mr Everard adds.
For more information: selling agent Michael Everard Elders Real Estate Wangaratta on 0408 653 161.