OFF MARKET

7 Falls Road
Marysville VIC 3779

Bedrooms: 6
Bathrooms: 5
Car spaces: 5
Land area: 1223m2
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Property Details for 7 Falls Rd, Marysville

Building Type
Commercial
Land Size
1223m2
Local Government
Murrindindi
Lot/Plan
2/LP207532

Last Listing description (May 2022)

Established in 2002 and rebuilt in 2011, Balangara Cottages in Marysville features 4 cottages all with Double Spa baths, King Beds and includes a full Aussie Breakfasts. Positioned in the heart of the Village of Marysville its an easy stroll to the shops and eateries. These charming cottages are surrounded by picturesque gardens with a permanent creek running between the cottages and the main residence. Ninety minutes from Melbourne CBD, thirty minutes from Healesville and twenty minutes to Lake Mountain ski resort, along with all the rivers and streams, bush walking, horse riding, mountain bike and motor bike trails, 4Wdriving, or simply relaxing, Marysville offers a wonderful lifestyle for all demographics.

Commercial Zone, 1
Balangara Cottages are luxurious Boutique Accommodation, Lyrebird Cottage, Kookaburra Cottage, Camillia Cottage and Rose Cottage. The private residence offers open plan living, well appointed kitchen, two bedrooms and one bathroom, this could also be extra accommodation if you choose not to reside on site.

The property offers a fully established commercial grade kitchen with a dining area adjacent for guests breakfast. The covered outdoor eating area caters for BBQ dining for minimum 8 guests, a perfect space for special private functions and parties. The business has a strong repeat client base as well as many new clients looking for luxury accommodation.

The buildings are fitted out with quality fixtures, fittings, floor coverings and window furnishings

This opportunity is perfect for anyone looking for a lifestyle change, business venture with guaranteed income. Expanding the business utilizing the commercial kitchen and outdoor dining for locals, private functions or for tourist passing through, the sky is the limit.

Inspections are strictly by appointment and are sure to impress.

Property History for 7 Falls Rd, Marysville, VIC 3779

A timeline of how this property has performed in the market
Last Sold
$1,400,000
14 Apr 2022
  • 14 Apr 2022
    Sold for $1,400,000
  • 11 Oct 2021
    Listed for Sale UNDER OFFER
  • 09 Sep 2009
    Listed for Sale 315000
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About Marysville 3779

The size of Marysville is approximately 196.3 square kilometres. It has 9 parks covering nearly 77.6% of total area. The population of Marysville in 2011 was 222 people. By 2016 the population was 387 showing a population growth of 74.3% in the area during that time. The predominant age group in Marysville is 60-69 years. Households in Marysville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marysville work in a managers occupation. In 2011, 89.7% of the homes in Marysville were owner-occupied compared with 78.3% in 2016.

Marysville has 658 properties. Over the last 5 years, Houses in Marysville have seen a 59.30% increase in median value, while Units have seen a 34.10% increase. As at 30 September 2024:

  • The median value for Houses in Marysville is $648,703 while the median value for Units is $453,544.
  • Houses have a median rent of $365.
There are currently 19 properties listed for sale, and no properties listed for rent in Marysville on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Marysville.

Suburb Insights for Marysville 3779

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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.