19 Mccarthy RoadOlinda VIC 3788
Property Details for 19 Mccarthy Rd, Olinda
Last Listing description (January 2019)
OPEN FOR INSPECTION SAT 1-1.30PM
This magnificent acreage amongst rolling hills is a profitable investment in a dream home location. This successful working property with chestnut, lemon, and olive groves, significant farming equipment, 8 plastic greenhouses with computerized environmental control, mains gas, mains and bore water with holding tanks, offers an opportunity to make your property work for you.
Add to this the substantial onsite building with 2 offices, central meeting room, kitchen, and vista views, and the possibility of a new build may become your vision (STCA). The extended footprint of the main building is advantageous with an on-slab double garage/workshop, and the outbuildings including the double garage and machinery shed are value-add.
Beautiful location close to Monbulk village and neighbouring Silvan Reservoir
Magnificent 10 acres approx with gorgeous valley and hillside views
Profitable, mature chestnut and lemon groves
Working property infrastructure including 8 High-Span greenhouses with computerized capabilities and propagation house.
Groundwater Licence and Plastic Lined Water storage Infrastructure
Ample farming equipment including Chestnut Vacuum and Grading
2 office work building with kitchen and main room with wood fire and split system
Under-office double workshop
Double garage and single machinery shed and woodshed
Contact:
Richard Wines 0418 173 225
Andy Martin 0478 647 784
Property History for 19 Mccarthy Rd, Olinda, VIC 3788
- 21 Sep 2018Sold for $1,300,000
- 19 Jul 2018Listed for Sale $1,300,000 - $1,400,000
- 01 May 1988Sold for $138,000
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0About Olinda 3788
The size of Olinda is approximately 17.9 square kilometres. It has 23 parks covering nearly 101.6% of total area. The population of Olinda in 2011 was 1,663 people. By 2016 the population was 1,749 showing a population growth of 5.2% in the area during that time. The predominant age group in Olinda is 40-49 years. Households in Olinda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Olinda work in a professional occupation. In 2011, 84.6% of the homes in Olinda were owner-occupied compared with 82.9% in 2016.
Olinda has 969 properties. Over the last 5 years, Houses in Olinda have seen a 36.82% increase in median value, while Units have seen a 74.41% increase. As at 31 October 2024:
- The median value for Houses in Olinda is $1,093,648 while the median value for Units is $1,029,237.
- Houses have a median rent of $700.
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