OFF MARKET

18-20 Little Campbell St
Tongala VIC 3621

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 18-20 Little Campbell St, Tongala

18-20 Little Campbell St, Tongala is a 3 bedroom, 2 bathroom House.

Building Type
House
Local Government
Campaspe

Last Listing description (April 2023)

They truly only come like this once in a lifetime. Experience picture-perfect living in Tongala, only 10 minutes* from Kyabram and under 20 minutes* from Echuca and the Goulburn River. Truly the complete package - A beautiful family home on 16.2 acres* | 6.53 HA* providing instant income from minimal effort, huge future potential, and an absolutely unmatched lifestyle. Tongala, known for the flatness of its land and fertility of its soil, is strategically located to absorb growth from the West and East as other larger towns expand. This property represents an amazing land banking opportunity as it shares a border with the Tongala's township. This town is also rapidly developing with several development sites about 500 meters* away completed and another one due to commence by the end of the year.

Features of this property:


- Just under an Acre is on a separate title and fenced along the driveway, allowing you to build another home here if you wished to do so (STCA)

- Completely shares a border with township zoning

- 3 bedroom, 2 bathroom and home - renovated bathrooms and new kitchen, electric power supply lines redone, plumbing redone, painted inside and outside and stunning outdoor entertaining area

- 2 easy to run businesses, may be continued by the next owner.

- Feature fireplace and covered, concreted entertainment area, outside the house is separated by beautiful trees giving a real 'back yard' feel.

- Stunning gardens and green lawns

- Drip irrigation system throughout the property with 60 megaliters water entitlement. (a very large entitlement). Also entitled to 1.9 megaliters of secure town water.

- Workshop with concrete floor

BUSINESS 1 - Florist - Flowers and foliage grown onsite | Florist production room | Established clientele | Generating a steady income.

BUSINESS 2 - Fruit wholesaler & market Fruit is picked, placed in the cool room and picked up from their property with a solid client base



Very large shed, with large cool-room, plumbing and Bathroom. Half the space is concreted (deal can be made for the machinery too)
Fruit trees Fig trees (550) | Olive trees (180) | Pomegranate trees (90) | Imperial mandarin trees (270 140 of which are fully mature) | Lemon and lime trees (96) | Blood orange, Cara Cara orange and Naval orange trees (106) | Assortment of cherry, peach, grape and apricot trees | Vegetables area with small greenhouse |
*Please note even with all these trees there remains approximately six acres of empty land.

FINANCIALS

Can be provided in full to interested parties, currently the fig trees produce a great return, accounting for approximate 65% of the property's income in the 12-15 week fig season between mid-Jan and mid-May. Plenty of space to double the number of fig trees and essentially double the income as their demand far exceeds their current supply.

*All measurements are approximate only

Property History for 18-20 Little Campbell St, Tongala, VIC 3621

A timeline of how this property has performed in the market
  • 13 Jul 2022
    Listed for Sale Contact Agent
  • 19 Jan 2022
    Listed for Sale $995,000

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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 no properties 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.