480 Chapmans RoadGlenaroua VIC 3764
Property Details for 480 Chapmans Rd, Glenaroua
Last Listing description (January 2017)
The magnificent country homestead is set amongst extensive garden which overlooks a large dam and red gums and the stunning Tallarook ranges on the horizon.
The 2-storey homestead comprises 5 bedrooms, 3 of which have full ensuites. With approximately 60 squares of floor space, the home includes 3 open fire-places situated in the main dining room, the formal sitting room and the office. A large kitchen features electric oven, gas hot-plates and a large walk-in pantry. Upstairs is divided into 2 living rooms.
Additionally, there are 2 further houses and a self-contained 1 bedroom unit. The Manager's house is a practical 3 bedroom, brick veneer home with breathtaking views. The third house is 3 bedroom cottage with a low-maintenance garden.
Other farm buildings include many practical sheds, a powered workshop, 2 steel hay sheds and a grain shed. Multiple silos are located in the farm-yard, which also includes fuel tanks. A 6,500 sheep feed-lot adds potential income with 13 pens all watered by separate troughs.
The farming land is varied in its topography, including gently undulating frontage country and steeper hills to the rear which offer magnificent views to every direction. The 23 paddocks are watered by 27 dams. The 75 megalitre dam supports a diesel-generated Upton Centre Pivot irrigator which covers approximately 30 acres. Further income is provided by the irrigated 20 acre Olive Grove, which is beautifully incorporated into the landscape.
A consistent pasture renovation program and regular fertiliser history has ensured a strong pasture base. The land is suited to the production of prime lambs, fine wool and beef. There is an opportunity to purchase the livestock, making this a true turn-key investment.
Essential to the farming operation and to local biodiversity are the many plantations and woodlots featured throughout the property. These plantations provide shelter to livestock, whilst providing wildlife corridors for the native flora and fauna. Approximately 15 hectares of predominantly sugar gum woodlots feature across the property.
Further opportunities include vineyards, given the properties proximity to the premium Heathcote wine region, and tourism.
The property is situated just off the Pyalong-Seymour Road, 20 minutes to Kilmore and approximately 80 mins from Melbourne.
For Sale by Expression of Interest closing Thursday 15th December 2016 at 5.00 pm.
Agents in Conjunction Pat Rice & Hawkins, Bart O'Sullivan 0408 576 582.
Property History for 480 Chapmans Rd, Glenaroua, VIC 3764
- 15 Dec 2016Sold for $340,000
- 31 Oct 2016Listed for Sale by Expression of Interest
- 28 Feb 2009Listed for Rent - Price not available
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About Glenaroua 3764
The size of Glenaroua is approximately 146.8 square kilometres. The population of Glenaroua in 2011 was 315 people. By 2016 the population was 143 showing a population decline of 54.6% in the area during that time. The predominant age group in Glenaroua is 50-59 years. Households in Glenaroua are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glenaroua work in a managers occupation. In 2011, 87.3% of the homes in Glenaroua were owner-occupied compared with 80.4% in 2016..
Glenaroua has 158 properties. Over the last 5 years, Houses in Glenaroua have seen a 179.65% increase in median value. As at 31 October 2024:
- The median value for Houses in Glenaroua is $1,538,760.
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