OFF MARKET

1433 Snow Road
Milawa VIC 3678

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 288653m2
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Property Details for 1433 Snow Rd, Milawa

Building Type
Land
Land Size
288653m2
Local Government
Wangaratta
Lot/Plan
5~9/PP3359

Last Listing description (November 2021)

PROPERTY WITHDRAWN ON INSTRUCTION FROM THE VENDOR - AUCTION CANCELLED.






HIGHLY DESIRABLE SNOW ROAD MILAWA ACREAGE WITH RARELY OBTAINABLE UNRESRICTED HOME BUILDING PERMIT FOR AUCTION - "Milawa Park" 1433 SNOW ROAD, Milawa

Every so often a special or standout property comes up for auction!

Elders Real Estate in Wangaratta has listed an acreage holding for auction sale that fronts the famed and popular Snow Road almost exactly between the delightful villages of Oxley and Milawa situated at the gate way to the iconic King Valley tourism region.

The property known as Milawa Park at 1433 Snow Road is to be auctioned on Saturday 20 November on site at 11 am.

The property has a frontage of 470 metres to the Snow Road with exposure to the renowned King Valley paved walking or cycling path at the front gate.

There is also a pressurised sewerage main running past plus electric power and NBN cabling conduits.
And directly across the Snow Road is the quality Milawa Muscat B & B accommodation.

Importantly this property has an area of approximately 28 hectares or 71 acres and is a long rectangular block with a number of ideal building sites at the rear with long easterly views over Brown brothers vineyards and snow capped mountain ranges in winter and westerly summer sunsets over the Warby ranges

Very importantly the vendor has previously obtained an unrestricted building permit that is valid until February 2023. Such permits on rural acreages of less than 100 acres are rare but the vendor who grew up in Wangaratta and has held this land for fifteen years had the foresight to obtain the permit with the intention to build his family home on this acreage.

There is a Stock & Domestic bore installed with a two megalitre entitlement to drinking quality water as well as a steel framed machinery shed which also includes a sewered toilet.

Since 2006 Milawa Park (for the past 15 years) has been operating as a highly productive mixed farming business, finishing feeder steers, producing premium fodder and raising young thoroughbred race horses. The free draining highly fertile chocolate loam soils have produced many stakes quality gallopers and also international winners in Hong Kong and Singapore.

The family has moved interstate to pursue other business interests and the property and lifestyle will be sorely missed. The vendor says "I've been very spoilt on this farm, it has absolutely everything you'd wish for, great location, views, soil and climate, and when friends or family came to visit we could simply duck down to the local bakery for a coffee or the have breakfast or lunch at the Cheese Factory or local Pub only 800 metres down the road, its cosmopolitan farming at its best"

The Vendors family strategically planted native tree corridors of sheoaks, eucalypts, callistimons, greveila's, Hakia's, across the property which all link back to the fenced off 6 hectare native "riverine habitat area" for the eco tourism enthusiasts. Summer shade is provided by the many established poplars and ornamental pear trees which line the entrance driveway.

The property lends itself to a variety of future pursuits, be it a vineyard and cellar door, an eco or bike tourism venture or a perfect transitional farm for someone winding down, it has the flexibility to be anything for anyone.

Auctioneer Michael Everard says "It is such a rarity given its prime Snow Road location with a valid unrestricted building permit and its proximity and walk in access to both Oxley and Milawa that I anticipate accomplished property buyers will have their cheque books primed on auction day.
"it's such a rare opportunity that this auction could easily set a local acreage record" he says.

For more auction or property information call Elders Real Estate in Wangaratta and their selling agent and auctioneer Michael Everard on 0409 653 161

Property History for 1433 Snow Rd, Milawa, VIC 3678

A timeline of how this property has performed in the market
Last Transferred
17 Jun 2018
  • 15 Oct 2021
    Listed for Sale Auction cancelled - property withdrawn
  • 17 Jun 2018
    Transferred
  • 05 Aug 2006
    Sold for $446,000
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About Milawa 3678

The size of Milawa is approximately 67 square kilometres. The population of Milawa in 2011 was 591 people. By 2016 the population was 587 showing a population decline of 0.7% in the area during that time. The predominant age group in Milawa is 50-59 years. Households in Milawa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Milawa work in a managers occupation. In 2011, 84.1% of the homes in Milawa were owner-occupied compared with 84.4% in 2016..

Milawa has 310 properties. Over the last 5 years, Houses in Milawa have seen a 59.37% increase in median value. As at 30 November 2024:

  • The median value for Houses in Milawa is $662,645 while the median value for Units is $356,504.
  • Houses have a median rent of $320.
There are currently 2 properties listed for sale, and 1 property listed for rent in Milawa on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Milawa.

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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.