OFF MARKET

2775 Princes Highway
Garfield North VIC 3814

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 428983m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 2775 Princes Hwy, Garfield North

Building Type
Rural
Land Size
428983m2
Local Government
Cardinia
Lot/Plan
1/TP854224

Last Listing description (June 2023)

Contact Agent

Sam Paynter of L J Hooker Pakenham is pleased to represent the sale of this magnificent property at 2775 Princess Freeway, Garfield North Victoria 3814.

A fantastic opportunity to acquire 108 acres (44 hectares) with a secure and sizable irrigation licence. The location offers high public exposure as it adjoins Gumbuya World, with droves of locals and tourists flocking to the wildlife and theme park attraction every day.

Key attributes include -
* Fantastic location with 330 metres approx. of Princes Freeway frontage (service road) with superb access
* Perfectly situated within 100kms to the Melbourne airport, 70kms approx. to Melbourne CBD and supported by the townships of Garfield, Bunyip, Pakenham, Officer and Warragul.
* 108 Acres (44 Hectares) approx. of granite sandy loam soil ideal for strawberries, apples etc.
* Very gentle rolling north facing topography
* Quality infrastructure including pastures, tracks, shedding, secure fencing. Ideal for cattle and sheep.
* Highly secure water right including -
* 92 meg irrigation licence from approx. 5-acre dam (Cannibal Creek Frontage)
* 11 megs winter flow licence
* Excellent subsurface dripline irrigation system throughout 80% of the property serviced by a diesel pump
* Secure tenancy over 12 hectare allocation returning healthy $62,000 per annum.
* Numerous sites to build your dream home (STCA Approved).

A rare opportunity to procure such a unique and lucrative property! Call Sam Paynter - 0439 429 110 for more information

Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours. Therefore confirmation of all opens with the listing agent within 24 hours of their scheduled opening is advised.

Property History for 2775 Princes Hwy, Garfield North, VIC 3814

A timeline of how this property has performed in the market
Last Sold
$2,600,000
07 Sep 2022
  • 11 Apr 2023
    Listed for Sale Under Contract
  • 07 Sep 2022
    Sold for $2,600,000
  • 17 May 2022
    Listed for Sale Contact Agent
Sign in to see more transactions

Commute Calculator

About Garfield North 3814

The size of Garfield North is approximately 21.2 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Garfield North in 2011 was 218 people. By 2016 the population was 193 showing a population decline of 11.5% in the area during that time. The predominant age group in Garfield North is 60-69 years. Households in Garfield North are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Garfield North work in a trades occupation. In 2011, 94.5% of the homes in Garfield North were owner-occupied compared with 87.1% in 2016..

Garfield North has 103 properties. Over the last 5 years, Houses in Garfield North have seen a 43.20% increase in median value, while Units have seen a 175.70% increase. As at 30 November 2024:

  • The median value for Houses in Garfield North is $1,724,678 while the median value for Units is $830,315.
There are currently 2 properties listed for sale, and no properties listed for rent in Garfield north on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Garfield north.

Suburb Insights for Garfield North 3814

Market Insights
Garfield North Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Garfield North Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.