OFF MARKET

5/5 Redbank-Natte Yallock Road
Redbank VIC 3477

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 80816m2
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Property Details for 5/5 Redbank-Natte Yallock Rd, Redbank

5/5 Redbank-Natte Yallock Rd, Redbank is a 0 bedroom, 0 bathroom House. The property has a land size of 80816m2.

Building Type
House
Land Size
80816m2
Local Government
Pyrenees

Last Listing description (December 2023)

Raywhite Group proudly presents 20 Acres Approx. in farming zone in the suburb Redbank VIC 3477 of Pyrenees Shire Council. The property is close to these towns:

Maryborough - 30 mins
Ballarat - 1 Hr.

Bendigo - 1 hr. 10 mins
Ararat - 54 mins

Introduction:
Welcome to the Redbank VIC 3477 Farm, a serene countryside retreat that presents a unique opportunity for those seeking a tranquil lifestyle combined with entrepreneurial ventures. This picturesque property encompasses acres of greenery, providing an ideal space for farming, livestock, and various other agricultural activities. One of its most remarkable features is the hotel permit that accompanies this land, making it an attractive investment for hospitality and tourism ventures.

Property Overview:
Located in the heart of Redbank, Victoria, this farm stretches 20 acres of prime land, offering breathtaking views of the surrounding landscapes. The property boasts fertile soil, natural water sources, and a mild climate, making it suitable for a diverse range of agricultural pursuits.

Features:

Residential Hotel Permit: A standout feature of this farm is the hotel permit available with the property. This permit grants the owner the rare opportunity to establish a hotel or tourist accommodation on the premises, tapping into the growing hospitality industry and attracting visitors to experience the tranquil countryside.

The permit allows use and development of a residential hotel and ancillary caretaker house, restaurant, signage and liquor license and associated works.

Agricultural Potential: Redbank VIC 3477 Farm provides an ideal environment for various agricultural pursuits. Whether you are interested in crop farming, livestock breeding, or horticulture, the fertile soil and ample space ensure excellent potential for agricultural success.

Scenic Views: Nature enthusiasts and those seeking respite from the hustle and bustle of urban life will be captivated by the farm's stunning vistas. Rolling hills, meandering streams, and lush green fields create a postcard-worthy landscape that fosters a deep connection with nature.

Privacy and Seclusion: The property is nestled away from the noise and congestion of city life, offering unmatched privacy and seclusion. This makes it an excellent choice for those looking to escape to a peaceful countryside retreat.

Development Opportunities: Beyond the residential hotel permit, the farm's substantial size and prime location present various development opportunities. Whether you envision building additional accommodations, recreational facilities, or eco-friendly ventures, the possibilities are boundless.

Location:
Redbank VIC 3477 Farm enjoys a strategic location within proximity to essential amenities, making it convenient for residents and potential visitors alike. The nearby town provides access to schools, healthcare facilities, shopping centers, and other services, ensuring a balanced lifestyle.

Investment Potential:
With the residential hotel permit in place, this farm becomes an attractive investment option for entrepreneurs looking to capitalize on the growing tourism industry in Victoria. By offering unique experiences, such as farm stays, agro-tourism activities, and nature-oriented retreats, the potential for revenue generation is substantial.

Conclusion:
Redbank VIC 3477 Farm presents an alluring prospect for those seeking a harmonious blend of country living, agricultural pursuits, and entrepreneurial endeavours. The residential hotel permit sets this property apart, providing the perfect foundation for tourism-based ventures. Whether you envision a luxurious country hotel or an eco-friendly farm stay, this sprawling farm offers an idyllic canvas to turn your vision into a reality. Embrace the opportunity to own a slice of picturesque countryside and create a legacy that will be cherished for generations to come.

For More Information Please contact:

RJ Singh 0477 051 648

Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document.

Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs.
Click on the link for a copy of the due diligence check-list from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 5/5 Redbank-Natte Yallock Rd, Redbank, VIC 3477

A timeline of how this property has performed in the market
  • 31 Jul 2023
    Listed for Sale $264,000

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About Redbank 3477

The size of Redbank is approximately 136.1 square kilometres. It has 3 parks covering nearly 109% of total area. The population of Redbank in 2011 was 413 people. By 2016 the population was 88 showing a population decline of 78.7% in the area during that time. The predominant age group in Redbank is 70-79 years. Households in Redbank are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Redbank work in a managers occupation. In 2011, 86.5% of the homes in Redbank were owner-occupied compared with 87.3% in 2016..

Redbank has 171 properties. Over the last 5 years, Houses in Redbank have seen a 42.48% increase in median value. As at 31 August 2024:

  • The median value for Houses in Redbank is $337,574.
There are currently 7 properties listed for sale, and no properties listed for rent in Redbank on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Redbank.

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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.