SOLD
Sold on 16 Oct 2023 for $1,440,000

580 Main Drain Road
Koo Wee Rup VIC 3981

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 286m2
Land area: 74867m2
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Property Details for 580 Main Drain Rd, Koo Wee Rup

Building Type
Land
Year Built
1920
Floor Size
286m2
Land Size
74867m2
Local Government
Cardinia
Lot/Plan
1/TP758616

Last Listing description (November 2023)

Traditional Excellence Amongst Natural Serenity
Discover a once in a lifetime opportunity to own approximately 18 acres approx of pristine agricultural land in the prestigious Koo Wee Rup. Increasingly rare and positioned for absolute lifestyle success, properties like this don't come around.

Ideal for those looking to develop their dream estate, this stunning rural property offers incredible potential with its existing residence, hay storage shed and an abundance of infrastructure already on site. The prime residence has been designed in a way that it can be separated into two residence and potentially can be leased away separately. Details are as follows:

The original period home (circa early 1900's) offers 12' ceilings and has been renovated over the years and comprises,

- 3 spacious bedrooms, serviced by the main bathroom
- 2 living areas and a dining area
- A kitchen offering the best of yesteryear with the modern conveniences of today
- Reverse cycle air-conditioning
- 6Kw Solar System with 12.8 Kw of battery

2nd Residence which potentially can be leased separately has the following features:

Self-contained home joins the original home via an enclosed third living room and offers two bedroom plus a study, a kitchen, bathroom, laundry and a spacious living and dining area, ideal for elderly parents, adult children who want to live independently or to rent out.

Furthermore, there are 6 separately fenced paddocks, each with gravity fed water troughs lined with shelter belts, a stock yard and race, a hay shed at the rear of the property, a large shed plus a workshop next to the house, both with a concrete floor and power, a chook shed, a carport, fruit trees and a water licence to pump water for stock and irrigation from the Bunyip River.


This is an ultimate opportunity for land bankers and investors.
More than adequate infrastructure providing the ability to run a profitable business venture.
Substantial size sheds.
Highly strategic land parcel to capitalize on future growth.

Melbourne's population forecast to reach 8 Million by 2050. Melbourne is one of the most liveable, attractive and prosperous areas in the world for residents, business and visitors. Melbourne will continue to be a global city of opportunity and choice.

For more details please contact:

Atul Sama on 0450 470 266

Amandeep Singh on 0433 314 000

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Please see the below link for an up-to-date copy of the Due Diligence Check List:

http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 580 Main Drain Rd, Koo Wee Rup, VIC 3981

A timeline of how this property has performed in the market
Last Sold
$1,440,000
16 Oct 2023
  • 16 Oct 2023
    Sold for $1,440,000
  • 01 Mar 2023
    Listed for Sale Price on Application
  • 24 Sep 2020
    Sold for $400,000
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About Koo Wee Rup 3981

The size of Koo Wee Rup is approximately 57.6 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Koo Wee Rup in 2011 was 3,079 people. By 2016 the population was 3,583 showing a population growth of 16.4% in the area during that time. The predominant age group in Koo Wee Rup is 0-9 years. Households in Koo Wee Rup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koo Wee Rup work in a trades occupation. In 2011, 74.2% of the homes in Koo Wee Rup were owner-occupied compared with 75.8% in 2016.

Koo Wee Rup has 2,055 properties.

    There are currently 33 properties listed for sale, and 3 properties listed for rent in Koo wee rup on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Koo wee rup.

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    Contact agent
    Amandeep Singh
    Show contact details
    Atul Sama (Sunny)
    Show contact details
    Raine & Horne Land Victoria
    Preferred contact:
    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.