SOLD
Sold on 09 Nov 2023 for $4,020,000

330 Barringo Road
New Gisborne VIC 3438

Bedrooms: -
Bathrooms: -
Car spaces: 14
Save

Property Details for 330 Barringo Rd, New Gisborne

Building Type
Commercial
Local Government
Macedon Ranges
Lot/Plan
2/PS530935

Last Listing description (February 2024)

The sheer magnificence of "Highfield Estate" is evident from the moment you drive through the gated sandstone entrance.

With sweeping panoramic views of Mount Macedon and across the surrounding countryside, this spectacular estate presents an exceptionally rare opportunity to purchase a stunning 13.34 acre (approx.) rural lifestyle property that also offers established income streams:
- Highfield Receptions with a current planning permit to build 10 accommodation units

- A delightful separate Chapel / Gallery
- Highfield Cottage, a charming second residence - currently operating as short-term accommodation

HOMESTEAD

Nestled perfectly on the side of a hill, the stunning sandstone residence sits proudly atop stone terraces, maximising the breathtaking views.
The exceptional quality and elegance of this home is immediately apparent with Tasmanian Myrtle floorboards, imported lush pile carpets, stone benchtops and waterfall tapware.
Spectacular north facing living areas showcasing expansive windows, are the hub of the home.
The spacious kitchen is a chef's delight, with a walk-in pantry including industrial cooling and freezer rooms.
An adjacent elegant formal dining room, complete with gas log fire is perfect for dinner parties.
The expansive light filled family room features retractable TV and automated blinds.
Sliding doors lead you outdoors where you will discover extensive sandstone paving, a fully enclosed verandah, along with a 10 x 4m (approx.) solar heated pool and change room; perfect for entertaining.
The accommodation wing includes a generously proportioned main bedroom suite featuring a huge WIR, ensuite with walk in shower and spa bath, and its own private enclosed verandah. There are four additional bedrooms with BIR's plus a dedicated study.
The lower level will certainly impress with an enviable eight car garage, entertainment / theatre room complete with bar, projector and large screen, gym, spacious laundry and a multipurpose studio.
Additional features and infrastructure:
? Zoned heating and cooling, slow combustion wood heater
? Goods lift
? 30m x 12m (approx.) shed / workshop
? 3 bay machinery shed
? Town water with additional tank water with total capacity of 170,000lt (approx.)
? Bore producing 3,500 lt (approx.) per hour of drinkable water

SECOND RESIDENCE ? "HIGHFIELD COTTAGE"

Currently operating as short term accommodation, the second four bedroom residence presents numerous opportunities. Spread over two floors, this charming, character filled home, beautifully combines mud brick walls and timber beams. The farmhouse style kitchen, multiple living spaces, two bathrooms and large balcony make this an ideal country retreat.

"HIGHFIELD RECEPTION"

With its own entrance and separate carpark, "Highfield Reception" is the ideal location to host weddings, funerals, functions or events. With a highly desirable liquor licence and seating capacity for 140 guests or 200 guests for a cocktail setting. Commercial kitchen, service bar and undercover verandah, the opportunity to expand is immense for those looking to operate the business on a larger scale.

There is currently a highly sought after, approved planning permit in place for the development of 10 apartments ? making this a complete function centre, attracting additional bookings and boosting income.

"HIGHFIELD CHAPEL AND GALLERY"

The final piece of this amazing puzzle is the mudbrick chapel and gallery. The chapel has a capacity to seat 100 people, with a separate function/gallery space and its own kitchen.


Whether you are seeking a truly prestigious family home with spectacular views, or a unique and seldom available business prospect; an inspection is essential to understand the true essence of what awaits you at "Highfield Estate".


Private Inspections Only ? contact Jason Kennedy on 0417 383 235 today

**PHOTO ID REQUIRED AT INSPECTIONS**

DISCLAIMER: All dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence...

Property History for 330 Barringo Rd, New Gisborne, VIC 3438

A timeline of how this property has performed in the market
Last Sold
$4,020,000
09 Nov 2023
  • 09 Nov 2023
    Sold for $4,020,000
  • 10 Oct 2019
    Listed for Sale Contact Agent

Commute Calculator

About New Gisborne 3438

The size of New Gisborne is approximately 26.2 square kilometres. It has 8 parks covering nearly 3.2% of total area. The population of New Gisborne in 2011 was 2,380 people. By 2016 the population was 2,373 showing a population decline of 0.3% in the area during that time. The predominant age group in New Gisborne is 40-49 years. Households in New Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Gisborne work in a professional occupation. In 2011, 87% of the homes in New Gisborne were owner-occupied compared with 85.9% in 2016.

New Gisborne has 1,561 properties. Over the last 5 years, Houses in New Gisborne have seen a 26.13% increase in median value, while Units have seen a 28.54% increase. As at 30 September 2024:

  • The median value for Houses in New Gisborne is $889,335 while the median value for Units is $532,615.
  • Houses have a median rent of $618.
There are currently 24 properties listed for sale, and 5 properties listed for rent in New gisborne on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in New gisborne.

Suburb Insights for New Gisborne 3438

Market Insights
New Gisborne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
New Gisborne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Jason Kennedy
Show contact details
Kennedy & Hunt Real Estate
Preferred contact:
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.