SOLD
RECENT ADVICE
Sold on 10 Sep 2024 - Price Unavailable

7666 South Gippsland Highway
Gelliondale VIC 3971

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 3280000m2
Sold By
LAWD Pty Ltd
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Property Details for 7666 South Gippsland Hwy, Gelliondale

Building Type
Commercial
Land Size
3280000m2
Local Government
Wellington
Lot/Plan
13B1/PP2008

Last Listing description (September 2024)

LAWD is pleased to present for sale 7666 South Gippsland Highway, Gelliondale VIC (the Property), a large-scale grazing operation located in the tightly held South Gippsland region of Victoria.

KEY INVESTMENT HIGHLIGHTS INCLUDE:

- 328* hectare (810* acre) grazing operation comprising five* Certificates of Title.

- First-class irrigation infrastructure including centre pivot irrigation, two bores, 25* megalitre storage dam and further irrigation development opportunity.
- High-security ground water entitlements (625* megalitres) enable year-round feed production regardless of seasonal conditions.
- Highly productive soil types, majority of which are black and brown alluvial loams, conducive to a range of agricultural pursuits including beef breeding, fattening or dairy.
- Predominantly open and level land types offering economies of scale and operating efficiencies.
- South Gippsland Highway frontage and an internal roadway system provides efficient access for the movement of livestock and machinery.
- Excellent fencing divides the Property into 46* paddocks which are easily accessed and all feature secure water.
- Fit for purpose infrastructure including ProWay cattle yards, two machinery sheds, workshop and a five-bedroom brick dwelling.
- Located in the well-regarded Wellington district of South Gippsland, one of Australia key beef and dairy regions, in close proximity to Yarram (nine* linear kilometres), Port Welshpool (15* linear kilometres), Leongatha (60* linear kilometres) & Melbourne (170* linear kilometres)

Inspection by appointment. Information Memorandum available upon request.

*approximately

Property History for 7666 South Gippsland Hwy, Gelliondale, VIC 3971

A timeline of how this property has performed in the market
Last Sold
10 Sep 2024
Listed for Rent
$360/w
28 Apr 2023
  • 10 Sep 2024
    Sold
  • 27 Aug 2024
    Listed for Sale Contact Agent
  • 17 May 2024
    Listed for Sale Contact Agent
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About Gelliondale 3971

The size of Gelliondale is approximately 11.3 square kilometres. It has 1 park. The population of Gelliondale in 2011 was 300 people. By 2016 the population was 30 showing a population decline of 90.0% in the area during that time. The predominant age group in Gelliondale is 40-49 years. Households in Gelliondale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gelliondale work in a managers occupation. In 2011, 73.6% of the homes in Gelliondale were owner-occupied compared with 81.9% in 2016..

Gelliondale has 26 properties. As at 31 October 2024:

  • The median value for Houses in Gelliondale is $824,442.
There are currently 1 property listed for sale, and no properties listed for rent in Gelliondale on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Gelliondale.

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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.