110 Forest RoadLabertouche VIC 3816
Property Details for 110 Forest Rd, Labertouche
Last Listing description (December 2020)
Prime grazing land of 370 Acres, set amongst trees and native bush, Armadale Park is currently operating as an organic beef farm.
Well fenced laneways, set of stockyards, crush and loading ramp, and excellent pasture for livestock. All fifteen paddocks are serviced by reticulated water from the dams, solar pump gravity feeds to the troughs in each paddock, which lends itself to all forms of horticulture & cropping. The property comprises of a mix of river flats of the Gypsy Creek and Labertouche Creek.
The stunning homestead sits on the highest point of the property to take in the surrounding views. The home offers five double sized bedrooms across two wings, the main bedroom has walk-in wardrobe and ensuite, each wing has its own bathroom. There is a study or sixth bedroom, laundry with powder room, modern kitchen complete with European appliances and is easily accessed by the spacious living area and landscaped courtyard.
A guest cottage currently being used as a B & B or provides an opportunity for guests to stay in absolute privacy.
This is the perfect property to escape from the city and is sure to impress, only an hour from Melbourne CBD.
This property is big enough to create enough profit to sustain a manager, all you have to do is drive up and relax.
For an inspection that won't disappoint ring Steve 0403 538 482.
Property History for 110 Forest Rd, Labertouche, VIC 3816
- 12 Dec 2020Sold for $5,220,000
- 16 Nov 2018Listed for Sale $5,700,000 - $6,000,000
- 22 Jul 2004Sold for $2,220,000
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0About Labertouche 3816
The size of Labertouche is approximately 64.1 square kilometres. It has 2 parks covering nearly 7.9% of total area. The population of Labertouche in 2011 was 535 people. By 2016 the population was 363 showing a population decline of 32.1% in the area during that time. The predominant age group in Labertouche is 50-59 years. Households in Labertouche are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Labertouche work in a managers occupation. In 2011, 76.5% of the homes in Labertouche were owner-occupied compared with 85.1% in 2016..
Labertouche has 181 properties. Over the last 5 years, Houses in Labertouche have seen a 72.72% increase in median value, while Units have seen a 237.90% increase. As at 31 August 2024:
- The median value for Houses in Labertouche is $1,503,257 while the median value for Units is $878,485.
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