440 Pitt RoadIona VIC 3815
Property Details for 440 Pitt Rd, Iona
Last Listing description (February 2020)
Excellent position, quality property. The long sealed road frontage with easy access to the M1, underlines the significance of the location of this 80 acres of prime peat soil in 4 titles. Historically a highly successful vegetable farm and now in pasture and fodder production, it is well suited to a variety of other uses and perfect to establish an equine business, particularly thoroughbreds being central to both Cranbourne and Pakenham racing centres.
The inground 18 ML dam presents an impressive central water feature where one could build a grand residence or a highly impressive and attractive stabling complex. There is also potential to further subdivide the land (STCA). Key features include:
- 80 acres, 4 titles, 2 road frontages, sealed road entrance,
- productive peat soil, excellent cropping history,
- fully drained, newly resown for pasture and fodder production,
- 18x15M shed, concrete, power, water tanks, security camera,
- close to shopping, V line train, M1 freeway, school bus services,
This is a particularly attractive property in a great location offering a range of potential uses.
For further information please contact: Ray Cullen on 0429 977313
Property History for 440 Pitt Rd, Iona, VIC 3815
- 27 Jan 2021Listed for Sale $1,750,000
- 21 Jan 2021Sold for $1,650,000
- 28 May 2020Sold for $400,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
About Iona 3815
The size of Iona is approximately 24.6 square kilometres. The population of Iona in 2011 was 364 people. By 2016 the population was 223 showing a population decline of 38.7% in the area during that time. The predominant age group in Iona is 10-19 years. Households in Iona are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Iona work in a managers occupation. In 2011, 77.5% of the homes in Iona were owner-occupied compared with 84.5% in 2016..
Iona has 130 properties. Over the last 5 years, Houses in Iona have seen a 60.75% increase in median value. As at 30 September 2024:
- The median value for Houses in Iona is $1,344,154 while the median value for Units is $1,018,082.
Suburb Insights for Iona 3815
Market Insights
Iona Trends for Houses
N/A
N/A
View TrendN/A
N/A
Iona Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
