FOR SALE

100 Tarago Reservoir Road
Neerim South VIC 3831

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 253m2
Land area: 20027m2
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Property Details for 100 Tarago Reservoir Rd, Neerim South

100 Tarago Reservoir Rd, Neerim South is a 5 bedroom, 2 bathroom Unit and was built in 1980. The property has a land size of 20027m2 and floor size of 253m2.This Property is currently listed for sale with Ray White Drouin

Building Type
Unit
Year Built
1980
Floor Size
253m2
Land Size
20027m2
Local Government
Baw Baw

Last Listing description (October 2024)

Offering dual occupancy for a multi generation family and extensive sheds for the tradesperson, large vehicles, storage or workshop needs, all in a picturesque rural setting three minutes' drive from town, this approximate five acre holding is a unique opportunity.
Zoned low density residential, potential for future subdivision or redevelopment adds an investment element.
Extensive and versatile improvements include:

Dwelling one - four bedroom, two bathroom brick veneer home
Dwelling two - five bedroom, two bathroom brick veneer home
18m x 9m high clearance shed with side sliding doors plus a roller door
12 x 11m partitioned shed with sliding doors either end - ideal for van storage
Disused dairy with steel stockyards, loading race and crush
Multiple tanks
Miscellaneous wood/garden sheds and a kid's cubby house
Securely fenced above ground swimming pool with current council permit
Both sheds and the dairy have a concrete floor and power with surrounding hard stand for large and heavy vehicles.
The level to undulating acreage is well fenced with two main paddocks, ideal for a pony or other livestock.
Dwelling one features two living areas, spacious modern kitchen, main bedroom with a generous walk-in robe and ensuite, three secondary bedrooms with inbuilt robes, family bathroom, separate toilet, laundry and a partially enclosed alfresco,.
Also URL is an oversized double garage with internal access and an adjoining storeroom or workshop with a rear roller door.
Well appointed, the kitchen has an Electrolux five burner gas cooktop, wall oven, Bosch dishwasher, fantastic storage including a walk-in pantry and loads of drawers together with a large breakfast bar.
Dwelling two, a substantial home with a relaxed country vibe includes a timber kitchen/diner with practical slate flooring and a solid fuel heater, two spacious living areas, the main bedroom with a walk-in robe and ensuite, four good size secondary bedrooms all with inbuilt robes, family bathroom and a laundry/mudroom.
A semi-enclosed double carport has direct entry to the laundry.
The kitchen features an updated 900mm Glem stainless steel cooker, dishwasher and a pantry.
Both dwellings include ducted air conditioning, automated external shutters on most windows and a toilet with hand basin accessed from outside, dwelling two also includes an additional shower.
A 6.2kw solar unit on dwelling one and a 2.2kw unit on dwelling two reduce energy costs.
The property is located on a quiet, sealed country road 1.5km from the shops, schools and amenities of Neerim South and less than 20 minutes from Warragul, Drouin and the freeway.
With versatile accommodation for an extended family, fantastic sheds, a peaceful rural backdrop and idyllic countryside views, this could be the property you have been looking for.

Expression of Interest / Set Sale Date Campaign - closing 18th November 2024 at 5pm (If not sold prior)

Property History for 100 Tarago Reservoir Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
  • 18 Oct 2024
    Listed for Sale Expression of Interest

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About Neerim South 3831

The size of Neerim South is approximately 63.9 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Neerim South in 2011 was 1,193 people. By 2016 the population was 1,302 showing a population growth of 9.1% in the area during that time. The predominant age group in Neerim South is 50-59 years. Households in Neerim South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Neerim South work in a professional occupation. In 2011, 81.5% of the homes in Neerim South were owner-occupied compared with 82.9% in 2016.

Neerim South has 963 properties. Over the last 5 years, Houses in Neerim South have seen a 61.91% increase in median value, while Units have seen a 56.52% increase. As at 30 September 2024:

  • The median value for Houses in Neerim South is $657,564 while the median value for Units is $517,796.
  • Houses have a median rent of $490.
There are currently 12 properties listed for sale, and no properties listed for rent in Neerim south on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Neerim south.

Suburb Insights for Neerim South 3831

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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.