OFF MARKET

285 Milangil Road
Kariah VIC 3260

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7992554m2
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Property Details for 285 Milangil Rd, Kariah

Building Type
Commercial
Land Size
7992554m2
Local Government
Corangamite
Lot/Plan
1/TP959681

Last Listing description (September 2024)

'Cascaes'
1975 Acres* / 799 Hectares* (13 titles)

Featuring:

- A stunning, light-filled brick veneer homestead with open plan kitchen, meals and family area, formal lounge and dining, separate study, four bedrooms and three bathrooms. Sliding glass doors provide access to the expansive north facing veranda, paved outdoor entertaining and BBQ area. The home is surrounded by a beautifully established, mature garden which incorporates a tennis court and detached double carport.

- Quality farm infrastructure including a three-stand raised board wool shed with adjustable loading ramp and large undercover bugle yards. Stand-alone undercover cattle yard complex with crush and loading ramp, two grain silos, machinery shed and workshop.

- Subdivided into 20* main paddocks and complemented by a central laneway, excellent fencing and established shelter belt plantations. Extensive 3 road frontages enhances the properties operating efficiency.

- Reliable water for stock and domestic supply from dams, bores and the bonus of having town water available.

- Gently rolling topography consisting of fertile arable clay loam soils, lunette lake banks and basalt rises. Suitable country for beef, sheep, dairy conversion, cropping and fodder conservation.

- Located only 15 minutes to Camperdown, 1 hour to Ballarat and Warrnambool, 2 hours Melbourne CBD and International Airport.

Agents comments: A highly improved, versatile and productive rural property with outstanding improvements. Ideally located in the reliable, high rainfall lakes and craters district of South-West Victoria.

Note: 'Cascaes' is part of the South-West Aggregation which also includes 'Warrong' and 'Elwood', totalling 5,136 Acres* / 2078 Hectares*. Available as a whole or as three individual properties.

For Sale by Expressions of Interest - Closing Friday 25th October 2024 at 4:00pm.

Inspections are strictly by appointment

*denotes approximately

Property History for 285 Milangil Rd, Kariah, VIC 3260

A timeline of how this property has performed in the market
Last Sold
$6,490,000
19 Feb 2017
  • 18 Sep 2024
    Listed for Sale Not Disclosed
  • 19 Feb 2017
    Sold for $6,490,000
  • 02 Nov 2016
    Listed for Sale Expression of Interest
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About Kariah 3260

The size of Kariah is approximately 81.6 square kilometres. It has 1 park covering nearly 1.6% of total area. The population of Kariah in 2011 was 373 people. By 2016 the population was 86 showing a population decline of 76.9% in the area during that time. The predominant age group in Kariah is 60-69 years. Households in Kariah are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Kariah work in a managers occupation. In 2011, 65.2% of the homes in Kariah were owner-occupied compared with 86.4% in 2016..

Kariah has 38 properties. Over the last 5 years, Houses in Kariah have seen a 114.76% increase in median value. As at 31 October 2024:

  • The median value for Houses in Kariah is $383,460.
There are currently no properties listed for sale, and no properties listed for rent in Kariah on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Kariah.

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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.