OFF MARKET

106 Lower River Road W
Gapsted VIC 3737

Bedrooms: 6
Bathrooms: 3
Car spaces: 7
Land area: 82991m2
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Property Details for 106 Lower River Rd W, Gapsted

Building Type
Commercial
Land Size
82991m2
Local Government
Alpine
Lot/Plan
1/LP98396

Last Listing description (December 2020)

A very unique opportunity to purchase the ultimate lifestyle. Developed on 20 acres of prime river flats with a well established orchard and the Ovens River bordering the rear of the property.
Fully irrigated and currently producing blueberries (2 acres under netting) plums (8 acres), persimmons (2acres) and 140 fig trees, this well maintained property offers a wonderful rural lifestyle and the opportunity to generate a great income.
Within the acreage you will find a very neat five bedroom residence, along with a one bedroom bungalow and a new amenities block.

North facing, the main house is generous in size with ample space to house a family. The master bedroom has a walk in robe and full size ensuite. The further four bedrooms all have built in robes.
There is a comfortable living room with split system air conditioning, fireplace and large dining room adjacent to the kitchen. An undercover verandah spans the entire house, ideal for entertaining and viewing the grounds.
Included is ample shedding along with a packing shed, workshop and storage to accommodate the vast variety of machinery, and a large cool room to keep the fruit chilled while being packed.
With all of the machinery in very good condition and the lot being sold on a walk in walk out basis, this could be a very smooth change over.

Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 106 Lower River Rd W, Gapsted, VIC 3737

A timeline of how this property has performed in the market
Last Transferred
17 Jul 2012
  • 08 Dec 2016
    Listed for Sale $1,100,000
  • 17 Jul 2012
    Transferred
  • 09 Jun 2011
    Transferred

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About Gapsted 3737

The size of Gapsted is approximately 52.4 square kilometres. It has 1 park covering nearly 9% of total area. The population of Gapsted in 2011 was 160 people. By 2016 the population was 164 showing a population growth of 2.5% in the area during that time. The predominant age group in Gapsted is 10-19 years. Households in Gapsted are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gapsted work in a managers occupation. In 2011, 84.5% of the homes in Gapsted were owner-occupied compared with 71.2% in 2016..

Gapsted has 90 properties. Over the last 5 years, Houses in Gapsted have seen a 67.56% increase in median value. As at 30 November 2024:

  • The median value for Houses in Gapsted is $852,476.
There are currently no properties listed for sale, and no properties listed for rent in Gapsted on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Gapsted.

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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.