OFF MARKET

12B Settlement Road
Silverleaves VIC 3922

Bedrooms: 2
Bathrooms: 1
Car spaces: 5
Land area: 5290m2
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Last updated 16 Sep 2024
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Property Details for 12b Settlement Rd, Silverleaves

12b Settlement Rd, Silverleaves is a 2 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 5290m2. While the property is not currently for sale or for rent, it was last transferred in November 2023.

Building Type
House
Land Size
5290m2
Local Government
Bass Coast
Lot/Plan
1/PS735047

Last Listing description (July 2024)

Just 5 minutes way from the Cowes Golf Club and the famous Silverleaves beach is this hidden 1.25 Acre (approx.) property. Silverleaves is an exclusive and prestige area of Phillip Island, to find acres for sale is rare and would be an excellent investment.
12B offers a unique cottage with huge potential, two large bedrooms and 2 living area one which could be another bedroom or dormitory, spacious kitchen and large bathroom that leads to the master bedroom. Then for the hobby enthusiast the huge shed / workshop and carport, would be ideal for anyone looking for a place for vehicle storage or caravan storage. This huge shed even has a wood fire and has hosted many a party in its time.
The home is set well back on the acreage and is extremely private, surrounded by quality acreage properties this property offers exceptional value. But then we have something totally unique on offer with this property! This property shares a private lake with the adjoining property. Surrounded by mature trees and an abundance of birds and wildlife this is a dream! Even though you are only a short drive to the main hub of Cowes, you are completely secluded and private. Only an hour and half drive from Melbourne this property offer the peace and serenity only dreamed about.

But the most amazing thing about this property is the price! The property has been reduced for quick sale and is barely above land value.
This is the ideal holiday property destination and chance to wind down after a busy life in the hustle and bustle of Melbourne, or perhaps an opportunity for a sea change and a quieter way of life.
The Vendors have reduced this property for buyers looking to spend between $1,150 ,000 and $1,250,000. A fabulous opportunity to enter the market in the prestigious Silverleaves golden mile.

Call Alex Scott & Staff Cowes on 5952 2633 to book in your private inspection.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 12b Settlement Rd, Silverleaves, VIC 3922

A timeline of how this property has performed in the market
Last Transferred
30 Nov 2023
  • 08 May 2024
    Listed for Sale $1,150,000 to $1,250,000
  • 30 Nov 2023
    Transferred
  • 10 Jun 2022
    Listed for Sale $1,350,000 to $1,485,000

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About Silverleaves 3922

The size of Silverleaves is approximately 1.8 square kilometres. It has 4 parks covering nearly 40.1% of total area. The population of Silverleaves in 2011 was 259 people. By 2016 the population was 216 showing a population decline of 16.6% in the area during that time. The predominant age group in Silverleaves is 60-69 years. Households in Silverleaves are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Silverleaves work in a professional occupation. In 2011, 79.3% of the homes in Silverleaves were owner-occupied compared with 71.4% in 2016.

Silverleaves has 580 properties. Over the last 5 years, Houses in Silverleaves have seen a 41.96% increase in median value, while Units have seen a 81.62% increase. As at 31 August 2024:

  • The median value for Houses in Silverleaves is $749,999 while the median value for Units is $566,133.
  • Houses have a median rent of $1,600.
There are currently 6 properties listed for sale, and no properties listed for rent in Silverleaves on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Silverleaves.

Suburb Insights for Silverleaves 3922

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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.