OFF MARKET

130 Schmidts Road
Poowong East VIC 3988

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1873697m2
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Property Details for 130 Schmidts Rd, Poowong East

Building Type
Rural
Land Size
1873697m2
Local Government
South Gippsland
Lot/Plan
1/LP145979

Last Listing description (August 2024)

'Arnum' presents an exciting and rare opportunity to secure a quality farming property of scale in the tightly held and well renowned Poowong District of South Gippsland. 'Arnum' can easily be converted back to 'dairy' capable of milking around 350 cows or continue as a highly productive beef property.

Features of 'Arnum' are:

Well sheltered heavy carrying bluegum country

Excellent balance of gently undulating, undulating and some hill country

Superb water supply via 10 main dams, springs, creeks and supported by a reliable 40 inch plus annual rainfall.

There are 3 Homes:

4 beds, 2 bath, 2 living

3 beds, 1 bath

Renovated 3 bed, 2 bath

Shedding includes:

160ft x 60ft shed perfect for calving, feeding, hay storage

6 bay machinery shed includes power & workshop

3 bay garage

Disused dairy has 8,000 litre vat + some plant intact

Steel heavy duty stockyards

Various other hay & machinery sheds

Well fenced to 43 paddocks serviced by all-weather laneways

Magnificent stands of native gums & trees strategically planted in gullies, creeks + shelter belts

Beautiful ornamental trees are an additional feature

Excellent quality pastures with fertilizer history

Poowong 10 mins, Korumburra 15 mins & 30 mins Drouin & Warragul

Melbourne is just 1.5 hours

'Arnum' is a great opportunity to secure a quality high rainfall property in the well sought after and highly regarded farming district of Poowong. A truly productive commercial proposition. For further information or to inspect the property, please contact Don Olden on 0417 805 312 Ben Townsend on 0400 594 487.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 130 Schmidts Rd, Poowong East, VIC 3988

A timeline of how this property has performed in the market
Last Sold
$3,500,000
17 Oct 2020
  • 23 May 2024
    Listed for Sale Contact Agent
  • 17 Oct 2020
    Sold for $3,500,000
  • 30 May 2014
    Transferred
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About Poowong East 3988

The size of Poowong East is approximately 24.5 square kilometres. The population of Poowong East in 2011 was 245 people. By 2016 the population was 71 showing a population decline of 71.0% in the area during that time. The predominant age group in Poowong East is 50-59 years. Households in Poowong East are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Poowong East work in a managers occupation. In 2011, 84.4% of the homes in Poowong East were owner-occupied compared with 74% in 2016..

Poowong East has 61 properties. As at 30 September 2024:

  • The median value for Houses in Poowong East is $1,176,742.
There are currently 3 properties listed for sale, and no properties listed for rent in Poowong east on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Poowong east.

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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.