OFF MARKET

785 Foster Mt Best Road
Mount Best VIC 3960

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 697800m2
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Property Details for 785 Foster Mt Best Rd, Mount Best

Building Type
Land
Land Size
697800m2
Local Government
South Gippsland
Lot/Plan
23A~B/PP3885

Last Listing description (November 2024)

"Franklin Park Farm," a rare gem comprising approximately 172.4 acres across five lots, is on the market for the first time in over 70 years. This extraordinary property, steeped in history with a rich tapestry of tales from gold rush days, pioneers and the water race. Nestled amidst the mountain range and bordered by the pristine waters of both the Franklin and Little Franklin Rivers, this is your chance to secure a truly special slice of nature. With over a kilometre of river frontage, rocky pools inhabited by platypus and trout. Well-maintained bush tracks invite exploration, camping, and wildlife spotting in your own private sanctuary.

Around 40 hectares of cleared, sheltered pasture provide ample grazing land, with undulating to steep terrain fenced into seven paddocks plus a dedicated bull paddock. The farm is set up for mixed grazing with the capacity for 30 head of cattle plus calves. Supporting infrastructure includes a 4-bay machinery/shearing shed, 4-bay hay shed, stock yards, race, and a circular driveway with plenty of flat parking space. The property boasts exceptional water security, with a river licence, six dams, troughs, and an impressive annual rainfall (1130mm).

The long access track leads to a private, comfortable three-bedroom cottage, offering stunning rural vistas that stretch to Mount Squaretop, Mount Fatigue, and the surrounding farmland and forest. The cottage is perfect as a farm stay or guest accommodation, adding yet another potential income stream. Additionally, 19 hectares of Shining Gum plantation are ready for harvest (STCA) or to retain and enjoy. Whether you're looking for a full-time farming operation, a recreational escape, or a unique investment opportunity, "Franklin Park Farm" offers it all. Conveniently located just 15 minutes from Foster and Toora, with a school bus service at the end of the driveway, this property is a blend of rural tranquility and practical accessibility.

Property History for 785 Foster Mt Best Rd, Mount Best, VIC 3960

A timeline of how this property has performed in the market
  • 21 Oct 2024
    Listed for Sale $1,150,000

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About Mount Best 3960

The size of Mount Best is approximately 16 square kilometres. It has 1 park covering nearly 34.5% of total area. The population of Mount Best in 2011 was 266 people. By 2016 the population was 6 showing a population decline of 97.7% in the area during that time. The predominant age group in Mount Best is 60-69 years. Households in Mount Best are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Best work in a managers occupation. In 2006, 21.3% of the homes in Mount Best were owner-occupied compared with 78.2% in 2011..

Mount Best has 52 properties. As at 31 October 2024:

  • The median value for Houses in Mount Best is $1,030,063.
There are currently no properties listed for sale, and no properties listed for rent in Mount best on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Mount best.

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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.