OFF MARKET

5050 Strzelecki Highway
Leongatha North VIC 3953

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 360m2
Land area: 405690m2
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Property Details for 5050 Strzelecki Hwy, Leongatha North

Building Type
Rural
Year Built
2006
Floor Size
360m2
Land Size
405690m2
Local Government
South Gippsland
Lot/Plan
2/PS611601

Last Listing description (February 2019)

Colliers International acting for Spicezest Pty Ltd (Agents for the Mortgagee in Possession) and Freshzest Pty Ltd (Receivers Appointed) (Both in Liquidation) on the sale of 5050 Strzelecki Highway, Leongatha North has an exceptional land hold being sold via Auction on the 28th November 2018.
The property offers a unique opportunity to purchase an asset that has existing irrigation infrastructure along with livestock handling facilities to be used as a small intensive operation such as market gardening or the fattening and breeding of livestock. The existing bay and olive plantation enables a source of income and under the right management can be enhanced with the use of the existing automated irrigation infrastructure of approximately 5.5ha. The property is well situated to Leongatha being only 5km s away with excellent access via the Strezlecki Highway or just over an hour to Melbourne. Properties of this size with these capabilities are rare.
Features include:

- Over 40 ha land asset
- 3 Irrigation dams with shedding
- Location beside Strzelecki Highway
- Ideal Home site (STCA)
For more information please contact Rawdon Briggs on 0428 651 144 or Angus Macleod on 0428 651 144

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Property History for 5050 Strzelecki Hwy, Leongatha North, VIC 3953

A timeline of how this property has performed in the market
Last Sold
$860,000
28 Nov 2018
  • 28 Nov 2018
    Sold for $860,000
  • 24 Oct 2018
    Listed for Sale Not Disclosed
  • 19 Aug 2016
    Listed for Sale $1,600,000
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About Leongatha North 3953

The size of Leongatha North is approximately 24.2 square kilometres. It has 3 parks covering nearly 0.1% of total area. The population of Leongatha North in 2011 was 437 people. By 2016 the population was 137 showing a population decline of 68.6% in the area during that time. The predominant age group in Leongatha North is 60-69 years. Households in Leongatha North are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Leongatha North work in a managers occupation. In 2011, 80% of the homes in Leongatha North were owner-occupied compared with 93.6% in 2016..

Leongatha North has 93 properties. Over the last 5 years, Houses in Leongatha North have seen a 91.74% increase in median value. As at 31 October 2024:

  • The median value for Houses in Leongatha North is $1,096,078 while the median value for Units is $833,618.
There are currently no properties listed for sale, and no properties listed for rent in Leongatha north on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Leongatha north.

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