OFF MARKET

3231 Midland Highway
Lima South VIC 3673

Bedrooms: 4
Bathrooms: 2
Car spaces: 7
Land area: 927217m2
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Property Details for 3231 Midland Hwy, Lima South

Building Type
Land
Land Size
927217m2
Local Government
Benalla
Lot/Plan
18A~B/PP3174

Last Listing description (December 2019)

With infrastructure, water supply and pastures of a high standard, "Coolong" presents a rare opportunity.

This is a highly desirable opportunity to purchase a lifestyle location that is set up for cattle grazing and production.


Access is via a long tree lined driveway to an architect designed western red cedar home set majestically on the banks of the broken river.

THE HOME:

It is a home of great character that is designed to allow you to be immersed in the nature that surrounds you.

Every window has a view (even the spa).

The home contains four large bedrooms with the master including both a walk in robe and en-suite.

The study could serve as a 5th bedroom should the need arise.

Comfort is maintained throughout the year via separate air condition systems covering the different zones of the house.

Ensure your special bottles of wine are kept at the ideal temperature in the cellar beneath the home.

The multiple living entertaining areas are really special and include areas both inside and outside all overlooking the river and the property's park like gardens.

The immediate surrounds offer substantial grassed areas which include a floodlit croquet lawn, orchard, vineyard and established mature garden all watered by a semi automatic system.

It is truly set up as a place to work, rest or play.

THE FARM:

The property consists of 229 acre of sandy loam over friable clay subsoil.

Regular soil testing has been conducted and an outstanding pasture and fertiliser program undertaken over recent years.

The property is split into 9 paddocks each with stock water via gravity fed troughs and dams within them.

The fencing and Cattle handling facilities are all first rate with yards and a new crush recently updated.

Shedding/outbuildings consist of a large 18x12m colorbond barn with power and concrete floor.

Machinery is stored in a separate four bay 6x24m open front shed.

The rainfall for the area is 876mm/ year

In addition the property has two water rights out of the river being 10meg of high reliability water and 2meg low reliability water.

This farm is ideal to run a good number of cattle or for those with an equine interest.

Centrally located between Benalla and the popular township of Mansfield and its extensive leisure activities this property is still within easy striking distance of Melbourne.

For more information, or to book an inspection please contact Brett Neilson on 0418 626 503

Property History for 3231 Midland Hwy, Lima South, VIC 3673

A timeline of how this property has performed in the market
Last Sold
$1,500,000
03 Dec 2019
  • 03 Dec 2019
    Sold for $1,500,000
  • 13 Nov 2019
    Listed for Sale For sale by Auction
  • 18 Aug 2011
    Sold for $900,000

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About Lima South 3673

The size of Lima South is approximately 48.4 square kilometres. It has 2 parks covering nearly 50.2% of total area. The population of Lima South in 2011 was 512 people. By 2016 the population was 96 showing a population decline of 81.2% in the area during that time. The predominant age group in Lima South is 60-69 years. Households in Lima South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lima South work in a managers occupation. In 2011, 83.5% of the homes in Lima South were owner-occupied compared with 71.4% in 2016..

Lima South has 76 properties. Over the last 5 years, Houses in Lima South have seen a 112.17% increase in median value, while Units have seen a -22.62% decrease. As at 31 October 2024:

  • The median value for Houses in Lima South is $413,506 while the median value for Units is $649,030.
There are currently 1 property listed for sale, and no properties listed for rent in Lima south on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Lima south.

Suburb Insights for Lima South 3673

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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.