OFF MARKET

45 Kongwak-Inverloch Road
Kongwak VIC 3951

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 140459m2
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Property Details for 45 Kongwak-Inverloch Rd, Kongwak

Building Type
Land
Land Size
140459m2
Local Government
South Gippsland
Lot/Plan
1/TP132060

Last Listing description (February 2022)

The property is positioned in a highly desirable area for those desiring a lifestyle property with advantages of income generation and flexible accommodation. Located within 10 minutes to Inverloch and close to Wonthaggi while the hubs of Korumburra and Leongatha are within easy reach. The beautiful community of Kongwak with its famous Sunday market is minutes away and provides an inspiring destination for weekend visitors.

The home, three villas, important shedding and farm paddocks sits elevated on 35 acres (2 titles) and embraces a stunning 180 degrees outlook across the rural landscape to the Bass Coast and to Wilsons Promontory. The home and villas are set within a picturesque botanic setting with numerous places to gather including a gazebo and BBQ complex.

The original residence has enjoyed good renovations which in particular have expanded rooms with extensive glazing to take in the views and flow to outdoor alfresco areas. The property maintains some of the art deco features whilst modern conveniences have been introduced. The smart kitchen with stone bench tops and adjacent meals area forms the heart and links visually to the outside. The generously proportioned dining and living room with delightful polished hardwood boards flows through to multiple outdoor entertaining spaces. The living rooms have reverse cycle heating and cooling and a wood heater for the cooler months.

There is a brilliant division between the social and private realms. The residence enjoys three bedrooms plus study and utility room. The main suite with walk in robe has the most magnificent aspect into the landscape and is serviced by a stunning new luxurious ensuite. Two further bedrooms are serviced by another bathroom. A laundry close to the home services the entire property.

The three villa units are beautifully appointed and set within their own private courtyard gardens and positioned on the property so that the residence maintains privacy. They each capture serene views into the landscape and achieve strong returns.

The shedding at the property is extensive including the old dairy, machinery shed, wood shed, double garage plus storage and chicken coup. The property includes 7 fully fenced paddocks and there is a cattle race. All paddocks are watered from the dam. Other water storage at the property includes 8 tanks with a total of 76,000 litres. Other features include 4.5kW solar providing for excellent economy for the whole property. Orchards, raised garden plots for vegies and a beautiful mixture of ornamental and native species spread throughout the grounds and provide a picture at any time of year.

The commercial applications at the property also expand the options for buyers who are seeking a career and lifestyle change in a most engaging and inspiring region. Main residence: 285sqm (plus deck, veranda, garage, carport, sheds) Villas: 67sqm each Land: 35acres

Property History for 45 Kongwak-Inverloch Rd, Kongwak, VIC 3951

A timeline of how this property has performed in the market
Last Sold
$2,395,000
22 Feb 2022
  • 22 Feb 2022
    Sold for $2,395,000
  • 30 Oct 2021
    Listed for Sale $2,395,000
  • 26 Oct 2020
    Listed for Sale Sold
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About Kongwak 3951

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:

  • The median value for Houses in Kongwak is $1,043,219.
There are currently 2 properties listed for sale, and no properties listed for rent in Kongwak on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Kongwak.

Suburb Insights for Kongwak 3951

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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.