585 Bunyip-Modella Rd, Iona is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 22161m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Located South of Bunyip, discover this affordable lifestyle starter on a level 5.5 acres of lush pastures to 12 paddocks that will cater easily to your choice of livestock.
The 1940s weatherboard residence, with a host of original features, has benefitted greatly from an extensive upgrade to the interior. A new kitchen with an impressive array of cabinetry and benchtops, quality cooking appliances, and pantry space is set within a bright and inviting area accentuated by large ceramic tiles and crisp white walls is central to the design. A new bathroom with floor and floor to ceiling glazed tiles, a floating vanity unit, oversized shower with glass screen and wall mounted cabinet is a luxurious addition.
A palette of rich heritage colours adorns the lounge room and three bedrooms, the spacious loungeroom complete with a decorative fire surround to continue the Heritage theme. The main bedroom, of excellent proportions, with built in wardrobes, also features a decorative fire surround. The two secondary bedrooms will both take double beds.
Outside, a bounty of steel-clad shedding provides some dedicated horse stables, car accommodation, storage, and workshop space. There is also a productive orchard of fruit trees.
Located in a tranquil farming area with easy access to both Garfield and Bunyip, major shopping and service hubs, the M1 Freeway and school pick up/drop off points, this is an idyllic lifestyle opportunity.
It should be noted that the weatherboards to the exterior of the residence require extensive, if not total replacement. However, given the roll call of positive attributes to the property, this is a brilliant opportunity to put your stamp on a wonderful rural lifestyle. Inspect with absolute confidence.
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 131 properties. Over the last 5 years, Houses in Iona have seen a 47.15% increase in median value. As at 30 November 2024:
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