OFF MARKET

219 Lower River Road E
Gapsted VIC 3737

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 226m2
Land area: 81102m2
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Property Details for 219 Lower River Rd E, Gapsted

Building Type
Rural
Year Built
1950
Floor Size
226m2
Land Size
81102m2
Local Government
Alpine
Lot/Plan
2/PS302858

Last Listing description (May 2019)

Unlimited opportunities here for the family and retiree alike with this income producing property in a magnificent rural setting just 5 minutes from Myrtleford and nestled on the banks of the pristine Ovens River.
The substantial period style family home consists of 4 bedrooms plus office, ensuite with spa bath to master bedroom, formal lounge, 2nd living room, dining area, kitchen, main bathroom, big laundry, undercover outdoor entertaining area & oversize lock up double garage under roof line. All of ones creature comforts are catered for with ducted gas heating, R/C air-conditioning, combustion wood heater, high ceilings, polished wood floors, the list goes on & on and is set in a stunning low maintenance garden.
Included in the sale of this property is approximately 2.5 to 3 acres of irrigated blueberries (which provide the owners with a substantial seasonal income) 55 meg water right from Ovens River, pump, packing shed & cool-room. The balance of the land is used for grazing but could be further developed and would certainly be suited to any equine pursuits if that is what a purchaser requires.

Make no mistake this is a special property on offer here and vendors are genuine in their desire to sell so inspect now and make an offer before it is too late as income producing RIVER FRONT properties like this are extremely hard to come by.
For full details contact Sole Agent Mick Kelly 0418-591936. Available 7 DAYS A WEEK for your convenience

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 219 Lower River Rd E, Gapsted, VIC 3737

A timeline of how this property has performed in the market
Last Sold
$845,000
24 Mar 2020
  • 24 Mar 2020
    Sold for $845,000
  • 08 Feb 2019
    Listed for Sale Asking $895,000
  • 09 Jul 2008
    Sold for $700,000
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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.