OFF MARKET

1-65 Bosse Road
Tongala VIC 3621

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 269400m2
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Property Details for 1-65 Bosse Rd, Tongala

Building Type
Rural
Land Size
269400m2
Local Government
Campaspe
Lot/Plan
2/TP84601

Last Listing description (November 2023)

Colliers, JLL and Gagliardi Scott Real Estate are excited to present For Sale 1-65 & 85 Bosse Road, Tongala (the Property) by Expression of Interest.

Offered with vacant possession this iconic former Nestle milk processing facility comprises 23,009* square meters of building area situated on 26.94* hectares of zoned Industrial 1 (IN1Z) land. It includes a significant administration office area offering ample natural light & front of house reception, FMR warehouses, Liquids producing and packing warehouses, CEP warehouses, and UHT warehouse complex.

In addition to the primary processing hub, the opportunity includes a significant Farming Zone (FZ2) allotment comprising 51.3* hectares offering a diverse range of potential uses^. The Property is benefitted by 454.7* megalitres of class 1A Greater Goulburn Trading Zone water entitlements, comprising 303.3* megalitres of High Reliability and 151.4* megalitres of Low Reliability entitlements.

Opportunity highlights:

Total building area of 23,009sqm*
Total land area of 78.24ha*
Offered as vacant possession
Strategically located within the Victoria's 'food bowl', the Goulburn Valley
Includes power substation
Opportunity for a range of different uses^
Zoned Industrial 1 (1-65 Bosse Road) & Zoned Farming (85 Bosse Road)
2.5 Hours to the Port of Melbourne
Proximity to the Inland Rail Project

For Sale by Expression of Interest closing Friday 9 th June 2023 at 4pm (AEST)

For further information including COS/s32, please contact the exclusive selling agents.

*Approximately
^STCA

Property History for 1-65 Bosse Rd, Tongala, VIC 3621

A timeline of how this property has performed in the market
Last Sold
$3,766,667
20 Dec 2021
  • 04 May 2023
    Listed for Sale Contact Agent
  • 11 Apr 2023
    Listed for Sale Contact Agent
  • 20 Dec 2021
    Sold for $3,766,667
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About Tongala 3621

The size of Tongala is approximately 112.1 square kilometres. The population of Tongala in 2011 was 1,869 people. By 2016 the population was 1,935 showing a population growth of 3.5% in the area during that time. The predominant age group in Tongala is 0-9 years. Households in Tongala are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tongala work in a labourer occupation. In 2011, 74.6% of the homes in Tongala were owner-occupied compared with 73.7% in 2016.

Tongala has 1,022 properties. Over the last 5 years, Houses in Tongala have seen a 80.21% increase in median value, while Units have seen a 78.80% increase. As at 31 October 2024:

  • The median value for Houses in Tongala is $401,396 while the median value for Units is $329,759.
  • Houses have a median rent of $250.
There are currently 5 properties listed for sale, and 1 property listed for rent in Tongala on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Tongala.

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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.