713 Happy Valley RoadRosewhite VIC 3737
Property Details for 713 Happy Valley Rd, Rosewhite
713 Happy Valley Rd, Rosewhite is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 120000m2. While the property is not currently for sale or for rent, it was last sold in May 2000.
Last Listing description (December 2023)
713 Happy Valley Road Rosewhite is a unique property to the area, the original homestead in Happy Valley was built in 1869. Although not currently functioning, it has previously successfully operated as a Bed and Breakfast in one of the original, carefully restored and renovated homesteads of the area. Consisting of 5 bedrooms, 4 bathrooms, registered kitchen, dining room, large lounge room, laundry/linen room, storage room, underground cellar and 100m of verandah plus an inground swimming pool. The home has features of the era that include high pressed metal ceilings, bay windows, polished timber flooring, a central courtyard, wide timber skirtings and architraves etc.
The house garden is extensive with established European trees including a 150 year old Magnolia Grandiflora, an avenue of English Elms and Red Oaks. The property also includes an established olive grove of approximately 950 trees mainly for oil production. There are two vineyards, Sangiovese and Savagnin, with processing facilities and equipment onsite plus a small truffle grove of evergreen English Oaks.
12 hectares of land in a highly regarded area of the North East of Victoria with excellent valley views. The homestead was fully renovated/restored in 2001 and is in excellent condition.
Crops include -
Olive grove 1 - 650 trees of 4 varieties. Frantoio, Corregiola, Navadillo & Koraniki planted in 2000.
Olive grove 2 - 300 trees all one variety. Frantoio planted is 2003. Yearly Extra Virgin Olive Oli production is 700 to 1,000 litres.
Truffle Grove - 10 Evergreen Oaks planted in 2014.
Vineyard 1 - Sangiovese planted on Phyloxera resistant rootstock. Approx. 1.5 acres producing 1.5 to 2 tonne planted 2003
Vineyard 2 - Savagnin planted on Phyloxera resistant rootstock. Approx 2.0 acres producing 2 to 2.5 tonne planted 2007.
Grapes are also sourced from local growers each year to supplement wine production and to produce other varieties including; Shiraz, Chardonnay and additional Sangiovese.
The property also runs 10 to 15 head of beef cattle in the paddocks outside the horticultural zone.
This is an excellent opportunity to purchase one of the original homesteads of the area with the ability to earn an income and expand on it further by reintroducing the B & B. The property is being offered on a walk in walk out basis.
Property Code: 2198
Property History for 713 Happy Valley Rd, Rosewhite, VIC 3737
- 17 Feb 2023Listed for Sale $2,500,000
- 22 Mar 2022Listed for Sale $2,500,000
- 22 May 2000Sold for $285,000
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About Rosewhite 3737
The size of Rosewhite is approximately 105 square kilometres. It has 6 parks covering nearly 36.9% of total area. The population of Rosewhite in 2011 was 167 people. By 2016 the population was 132 showing a population decline of 21.0% in the area during that time. The predominant age group in Rosewhite is 60-69 years. Households in Rosewhite are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Rosewhite work in a managers occupation. In 2011, 78.1% of the homes in Rosewhite were owner-occupied compared with 76.4% in 2016..
Rosewhite has 78 properties. Over the last 5 years, Houses in Rosewhite have seen a 36.85% increase in median value. As at 30 November 2024:
- The median value for Houses in Rosewhite is $1,031,154.
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