65 Pennyroyal Station RoadPennyroyal VIC 3235
Property Details for 65 Pennyroyal Station Rd, Pennyroyal
Last Listing description (April 2023)
Tree's, wildlife, naturewhat more could you ask for? If you'd love to be surrounded by all of this to relax and revitalize, then this is the place for you. This rare opportunity presents itself to own the leasehold on a cabin in the woods! In the depth of Pennyroyal Valley, where the hills are full of native wildlife, a little cabin is waiting for its new owners.
Boasting a fully self-contained two-bedroom cabin with a kitchenette, laundry/bathroom and living area. With reverse cycle heating/cooling for eternal comfort and a wood fire BBQ outside what more could you need.
With amble greenery surrounding you, it will be the epitome of relaxation, with well-established and easy walking tracks to fill in your days. Only 5 minutes from Deans Marsh, a 20 min drive from Lorne and 30 minutes from Colac this cabin is centrally located to townships, holiday destinations and amenities.
Leasehold includes:
350 Year leasehold
Building on 1000 square meter allotment
Ability to lease, rent, B & B the cabin
Lease to be arranged between Vendor & Purchaser once offer & acceptance has been approved.
Property History for 65 Pennyroyal Station Rd, Pennyroyal, VIC 3235
- 21 Dec 2022Listed for Sale $400,000
- 23 Dec 2021Listed for Sale Contact Agent
- 21 Apr 2021Listed for Sale $1,995,000
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About Pennyroyal 3235
The size of Pennyroyal is approximately 30.1 square kilometres. It has 2 parks covering nearly 55.7% of total area. The population of Pennyroyal in 2011 was 372 people. By 2016 the population was 70 showing a population decline of 81.2% in the area during that time. The predominant age group in Pennyroyal is 50-59 years. Households in Pennyroyal are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Pennyroyal work in a managers occupation. In 2011, 82.3% of the homes in Pennyroyal were owner-occupied compared with 72.8% in 2016..
Pennyroyal has 96 properties. Over the last 5 years, Houses in Pennyroyal have seen a 145.42% increase in median value, while Units have seen a 29.34% increase. As at 31 October 2024:
- The median value for Houses in Pennyroyal is $3,035,518 while the median value for Units is $809,580.
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