40 Callejas RoadPortland West VIC 3305
Property Details for 40 Callejas Rd, Portland West
Last Listing description (January 2022)
Assets Real Estate Portland & Heywood are proud to present this magnificent property to the market.
Situated on 52.16 Ha (128 Acres) and located within 10 minutes from Portland's central business district and just 10 minutes from Cape Bridgewater, this property has more than meet the eye. Included is the modern and well presented large family home, approximately 70 acres of productive farm land and approximately 78 acres of sand reserve with a long standing sand extraction lease bringing in a steady income for many years to come. There is ample water supply and also includes a 24 megalitre bore licence.
The home itself features a grand entrance with 14 foot ceiling and the remainder of the house with a 9 foot ceiling height, 4 bedrooms, 2 bathrooms, large study (or a 5th bedroom) and an open plan design which includes 2 living areas, a large formal dining area and the modern kitchen/ dining area with quality appliances and granite benchtops.
Outside the property was run as a dairy farm over the years with 70 acres of quality grazing land and the remaining 78 acres has a 30 year sand extraction licence which provides a solid income for years to come. The property is well fenced, has excellent shedding including the original dairy with power and an additional 18 x 6 metre colorbond shed and stock yard with crush. There is ample rain water, a dam, a bore with a new submersible pump and the valuable water licence is a great addition to the package.
Contact our team of experienced agents to arrange an Inspection today!
Property History for 40 Callejas Rd, Portland West, VIC 3305
- 09 Feb 2023Sold for $1,200,000
- 16 Aug 2021Listed for Sale $1,325,000
- 20 Oct 2004Transferred
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About Portland West 3305
The size of Portland West is approximately 74.2 square kilometres. It has 4 parks covering nearly 25% of total area. The population of Portland West in 2011 was 630 people. By 2016 the population was 555 showing a population decline of 11.9% in the area during that time. The predominant age group in Portland West is 50-59 years. Households in Portland West are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Portland West work in a trades occupation. In 2011, 88.2% of the homes in Portland West were owner-occupied compared with 86% in 2016..
Portland West has 324 properties. Over the last 5 years, Houses in Portland West have seen a 73.00% increase in median value, while Units have seen a 724.78% increase. As at 31 October 2024:
- The median value for Houses in Portland West is $788,660 while the median value for Units is $472,433.
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