PRICE REDUCED BY $75,000 - Opportunities like this don't come along very often. With views to the bay and beyond, this unique property of approx. 7 acres is a rarity. Steeped in history, "Bonnie Vale" today is a small part of the original 320 acres selected by George Matheson in 1883. For many years the temperate rain forest was painstakingly cleared for pastureland, with "Bonnie Vale" becoming one of the first butter and cheese producers in South Gippsland.
The current owner has been here for nearly 60 years. For those searching for small acreage or the serious hobby farmer this could be a dream come true. The large brick residence is more than comfortable consisting of four bedrooms, 3 with built-in robes, main lounge with Daikin split system heating and cooling, kitchen/dining with electric cooking and dishwasher, study nook and spacious laundry.
However, it's what is outside that will get your attention . . . a disused dairy, loading race and yards, well fenced paddocks, ample water supply serviced via wells, tanks and troughs plus extensive shedding including a carport, 6m x 9m lock-up garage, 8m x 10m lock-up machinery shed, 7m x 10m lock-up workshop and a 10m x 20m machinery shed/workshop.
The size of Kongwak is approximately 37.4 square kilometres. It has 5 parks covering nearly 0.4% of total area. The population of Kongwak in 2011 was 388 people. By 2016 the population was 204 showing a population decline of 47.4% in the area during that time. The predominant age group in Kongwak is 60-69 years. Households in Kongwak are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kongwak work in a managers occupation. In 2011, 82.2% of the homes in Kongwak were owner-occupied compared with 74.1% in 2016..
Kongwak has 149 properties. Over the last 5 years, Houses in Kongwak have seen a 177.06% increase in median value. As at 30 November 2024:
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