7731 Kiewa Valley HighwayTawonga South VIC 3698
Property Details for 7731 Kiewa Valley Hwy, Tawonga South
Last Listing description (January 2024)
Kiewa river frontage & zoned for sub-division
Situated in the beautiful Kiewa Valley, surrounded by rolling hills and mountain peaks, this expansive property is less than 5 minutes from the thriving village of Mt Beauty, 30 min to Bright and 33km from the famed ski fields of Falls Creek.
Culminating in 25.59 hectares freehold (approx. 70 acres Inc river lease), the acreage, featuring gentle undulating grazing country of rye/clover pastures on deep loam soils, provides the ideal environment for cattle and comes with 33 megalitres of irrigation water ( 24 Dam, 9 River), as well as 3 large sheds and cattle yards. With extensive frontage to the Kiewa River there are beautiful picnic and swimming spots, an ideal trout fishing paradise.
The residence has been extensively renovated and consists of 3 bedrooms, 2 bathrooms Inc master with ensuite and a large carport. Featuring living areas with formal lounge and wood fire, billiard room with bar overlooking the salt chlorinated pool and covered outdoor entertaining area. There is also a modern kitchen with black wood cabinetry, making this an idyllic country home.
There is enormous potential for investors and developers to take advantage of an extremely rare site on the property. Approximately 2 ha of Maddison's is zoned RZ1 ( Residential Zone 1), which gives you the ability to develop up to 18 residential lots approx. ( STCA) within an area of incredible beauty and located in a popular and growing market with little supply.
Maddison's is considered one of the most prestigious pockets in the region. The Maddison family descendants arrived in Kiewa Valley in the 1870s and are well known cattle farmers in the Kiewa Valley. They took cattle to the High Plains via the Staircase Spur to graze cattle over the Summer months before mustering them in March and bringing them back down to the Valley for the Winter.
A full Information memorandum and vendor statement is available, detailing this incredible chance to live the farming lifestyle on the Kiewa River with the opportunity to develop the balance of land into smaller lots (STCA), alternatively land bank for future generations.
Expressions of Interest Closes Thursday 8th June at 5pm
For all enquiries, please contact
Billy Jones 0438 454 950 Nutrien Harcourts Albury Rural
Peter Ruaro 0447 600 825 Rodwells Wodonga
Property History for 7731 Kiewa Valley Hwy, Tawonga South, VIC 3698
- 29 Jun 2023Sold for $2,450,000
- 26 Apr 2023Listed for Sale Expression of Interest
- 28 Sep 2018Transferred
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0About Tawonga South 3698
The size of Tawonga South is approximately 48.7 square kilometres. It has 3 parks covering nearly 85.7% of total area. The population of Tawonga South in 2011 was 837 people. By 2016 the population was 857 showing a population growth of 2.4% in the area during that time. The predominant age group in Tawonga South is 60-69 years. Households in Tawonga South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tawonga South work in a managers occupation. In 2011, 81.2% of the homes in Tawonga South were owner-occupied compared with 83.6% in 2016.
Tawonga South has 761 properties. Over the last 5 years, Houses in Tawonga South have seen a 85.61% increase in median value, while Units have seen a 60.54% increase. As at 31 October 2024:
- The median value for Houses in Tawonga South is $687,197 while the median value for Units is $565,778.
- Houses have a median rent of $450.
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