OFF MARKET

25-27 Reserve Road
Metung VIC 3904

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 4938m2
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Property Details for 25-27 Reserve Rd, Metung

25-27 Reserve Rd, Metung is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 4938m2.

Building Type
House
Land Size
4938m2
Local Government
East Gippsland
Lot/Plan
1/PS306492

Last Listing description (April 2023)

Nestled in a quiet court location, you will be awestruck not only by the priceless views of Bancroft Bay from this home but by all the features and inclusions it offers.

Meticulously designed and built, this stunning home is in one of the best locations in Metung, designed over two impressive levels looking over Metung Yacht Club and Metung Bowls Club, as well as the impressive Bancroft Bay.

This home has a lovely light interior with a living space that flows through the property to the stunning outside decking, an entertainers delight or relaxing space.

From entering the spectacular residence through the wide front door into the entry foyer, you will appreciate the warmth and comfort this home exudes. There is magic in the sophisticated floorplan of this residence, with the lounge/dining and kitchen areas offering magnificent views across Bancroft Bay. Highlighting the open plan kitchen and living room is the expansive wrap-around balcony that takes in the spectacular views of Metung and beyond. Split system for the warm sunny days and wood burner for those chilly evenings. The well-appointed kitchen has all the appliances and copious amounts of storage with stunning water views whilst you cook.

On this level is the main bedroom- encompassing an impressive robe and ensuite with its very own full-size bath. plus laundry room. As well as the open plan living space and main suite, there is an additional powder room for guests and visitors.

Open plan stairway leads to the lower floor with four full-size bedrooms (BIR's to 3) in two separate wings serviced by two full-size bathrooms, large walk in linen press and wine cellar. Two of these bedrooms access the lower deck.

This home has been completed with high-end finishes throughout and is dreamy coastal living at its absolute finest. Low maintenance with phenomenal water views in central Metung makes this a prized unrivalled opportunity for anyone looking at securing their future lifestyle. A short 5-minute walk to the heart of Metung and its boutique shops, restaurants and cafes.

Additional features include
- New carpets
- New timber-look vinyl plank flooring,
- Ceiling fans,
- New electric hot water heater unit,
- Double carport,
- Storage shed,
- Low maintenance grounds that include a sunny garden area with an outdoor shower, ideal for when you return from the beach.

This property gives you the flexibility as a permanent home, holiday home or rental property. If used as a holiday home or AirBnB, you have the flexibility to close off part or all of the lower area, depending on guest numbers.

Properties in this location rarely come onto the market and don't last long. Metung offers a lifestyle opportunity to stroll along the boardwalk into the village or launch your boat from the Metung Yacht Club Marina.

Don't delay, contact us today to arrange your inspection; you must see this beauty to believe it, but be careful as you may never wish to leave.

Call Daniel on 0417 824 769 for a private viewing.

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Due Diligence Checklist
What you need to know before buying a residential property. Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more, by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

*Please note that the image indicating the boundary lines is an estimate only. The actual boundary lines for this property are provided in the Section 32 / Vendor Statement.

Property History for 25-27 Reserve Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
  • 14 Dec 2022
    Listed for Sale $1,265,000
  • 19 Jun 2022
    Listed for Sale $1,350,000
  • 13 Oct 2016
    Listed for Sale $795,000

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About Metung 3904

The size of Metung is approximately 27.7 square kilometres. It has 7 parks covering nearly 1.7% of total area. The population of Metung in 2011 was 1,221 people. By 2016 the population was 1,449 showing a population growth of 18.7% in the area during that time. The predominant age group in Metung is 60-69 years. Households in Metung are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Metung work in a professional occupation. In 2011, 77.8% of the homes in Metung were owner-occupied compared with 79.4% in 2016.

Metung has 2,175 properties. Over the last 5 years, Houses in Metung have seen a 54.46% increase in median value, while Units have seen a 57.13% increase. As at 30 September 2024:

  • The median value for Houses in Metung is $665,566 while the median value for Units is $422,838.
  • Houses have a median rent of $460 while Units have a median rent of $290.
There are currently 117 properties listed for sale, and 1 property listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Metung.

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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.