397 Main Creek RoadMain Ridge VIC 3928
Property Details for 397 Main Creek Rd, Main Ridge
Last Listing description (August 2023)
Situated in one of the most picturesque and sought after pockets of the magnificent Mornington Peninsula, this property offers amazing lifestyle opportunities whilst returning a lucrative , secure income stream with minimal labour input.
LAND & LOCATION
Approx. 3 Hectares ( 7.3 Acres ) of gently rolling land that is a stone's throw from the beautiful Main Ridge sporting / community facilities. 5 Mins to Red Hill ( Schooling / Groceries etc. ) and nestled amongst a host of award winning Wineries, Breweries, Cafs and Restaurants. Ten minutes to Port Phillip Bay, Westernport & Bass Strait beaches for walking, swimming or surfing. One Hour to Melbourne CBD via freeways without a single traffic light. Truly one of the most attractive and liveable areas in the state, let alone the country.
THE FARM.
An established Poultry Farm producing certified Free Range Meat Chickens under contract to a major processor. A long term contract is in place which provides guaranteed monthly income.
Three modern Sheds spanning just over One Acre can house approx. 70,000 Birds. Rainwater is collected off the roof area with 350,000 Litres of storage. In addition water from a licenced 13 Megalitre Bore is processed through a state of the art desalination plant which can produce approx. 30,000 Litres/Day of crystal clear H2O. Water has never been a problem.
HOUSES & INFRASTRUCTURE
The property has the unusual benefit for holdings of this size, to contain Two dwellings. Both enjoy an elevated site facing in a Westerly direction towards the tip of the Peninsula.
The Main Residence is a spacious, 4 BR + Study Weatherboard Home that has been recently renovated. It comprises approx. 30 Sq. of living area plus over 15 Sq. of decking and Alfresco Dining. A spacious Kitchen / Living area, separate Lounge, huge main Bedroom, Two Bathrooms etc. affords comfortable, relaxed rural living.
The second dwelling is a comfortable Two Bedroom cottage with all amenities plus Double carport and Storage Room.
Three modern Poultry Sheds together with additional Machinery & miscellaneous shedding.
All working improvements have been well maintained by the Vendors.
AGENTS SUMMARY A property of this type is seldom seen in this part of the world. The ability to walk in and take over a fully functioning farm which is generating good returns, without having to spend an extra dollar is rare. This is not to say that a new owner could not find alternative uses by repurposing the extensive shedding. The lawful existence of Two Dwellings also provides flexibility in how the property could be utilized, which would be of interest to Investors as well as Owner Occupiers.
This property must be inspected to fully appreciate its qualities and the range of opportunities it has to offer.
INSPECTION BY APPOINTMENT ONLY WITH PETER ROLLASON 0419 600 323
Property History for 397 Main Creek Rd, Main Ridge, VIC 3928
- 07 Aug 2023Listed for Sale Contact Agent
- 10 Nov 2021Listed for Sale Contact Agent
- 13 Mar 2021Listed for Sale Price on application. Please include your contact phone number.
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0About Main Ridge 3928
The size of Main Ridge is approximately 27.2 square kilometres. It has 4 parks covering nearly 11.2% of total area. The population of Main Ridge in 2011 was 471 people. By 2016 the population was 438 showing a population decline of 7.0% in the area during that time. The predominant age group in Main Ridge is 60-69 years. Households in Main Ridge are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Main Ridge work in a professional occupation. In 2011, 81.4% of the homes in Main Ridge were owner-occupied compared with 84.1% in 2016..
Main Ridge has 354 properties. Over the last 5 years, Houses in Main Ridge have seen a 58.59% increase in median value. As at 31 October 2024:
- The median value for Houses in Main Ridge is $3,445,535.
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