4255 Wangaratta-Whitfield RoadKing Valley VIC 3678
Property Details for 4255 Wangaratta-Whitfield Rd, King Valley
Last Listing description (January 2024)
There is over 1.5km of magnificent King River frontage forming the eastern boundary of the 208.3 acre King Valley grazing property to be sold by tender by the Agents Morris Bros Real Estate.
The rich alluvial flats have a proven history of productive grazing and horticulture with the sale including 160ML of water entitlement all being high security. An electric pump on the river together with established underground infrastructure provide potential for productive redevelopment.
The structural improvements are modest but handy comprising an old workers house, hayshed and paved machinery shed.
Strategically retained native shade trees plus a noble stand of established poplars are noted features together with internal formed gravel access tracks.
Recent sales throughout the North East districts have again proven the rural real estate adage water is gold! never more so in relation to river frontage and irrigation.
This rare King Valley offering is no exception providing a once in a lifetime opportunity to gain a rural asset the value of which continues on an upward trajectory.
Tenders to be submitted with 5% deposit on documents obtainable from the agents. Returnable by 4:00pm on the 13th of December 2023 at Morris Bros Real Estate, 29 Rowan Street Wangaratta or by Email and bank transfer confirmation to brett@morrisbros.com.au .
For inspections contact Brett Goodwin on 0408 574 966
Property History for 4255 Wangaratta-Whitfield Rd, King Valley, VIC 3678
- 21 Dec 2023Sold for $3,475,000
- 03 Nov 2023Listed for Sale For Sale By Tender
- 15 Jan 2014Transferred
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See more recent sales nearbyAbout King Valley 3678
The size of King Valley is approximately 22.6 square kilometres. The population of King Valley in 2011 was 296 people. By 2016 the population was 100 showing a population decline of 66.2% in the area during that time. The predominant age group in King Valley is 30-39 years. Households in King Valley are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in King Valley work in a managers occupation. In 2011, 86.5% of the homes in King Valley were owner-occupied compared with 78.1% in 2016..
King Valley has 58 properties. As at 31 October 2024:
- The median value for Houses in King Valley is $999,714.
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