SOLD
Sold on 12 Mar 2024 for $1,621,000

390 Cornella-Toolleen Road
Toolleen VIC 3551

Bedrooms: 2
Bathrooms: 1
Car spaces: 18
Land area: 364218m2
Sold By
Todd Property
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Property Details for 390 Cornella-Toolleen Rd, Toolleen

Building Type
Rural
Land Size
364218m2
Local Government
Campaspe
Lot/Plan
2/TP3730

Last Listing description (May 2024)

? Barnadown Run is on 36.04 hectares of highly sought-after Cambrian soil on the western side of the Mt Camel range.
? A 10 acre vineyard was planted in 1994 and sits at 930 feet above sea level. Constantly in draught this equates to coolness during the growing season and helps greatly in the control of fungal issues. Importantly also, it is above the frost line.
? The vineyard is fundamentally dry grown, but drip irrigation can be used if required, and is planted mainly in Shiraz with other varieties being Viognier, Cabernet Sauvignon, Cabernet Franc, Merlot and Malbec.

? The property has a strong water supply with three dams, a reliable bore (under 500 parts per million salt) and a gravity feed irrigation system to the vineyard and stock troughs.
? Approximately 60 acres of the farm is on a share farm arrangement and is cropped mainly with canola or wheat. This acreage would be ideal to extend the vineyard for increased production.
?The balance of the farm is on steeper country which is suitable for grazing or building a house with a view. The views are magnificent.
? Improvements to the property include, winery with pine lined walls, drainage, hot water, laboratory area, toilet facilities and a large external concrete apron
? Above the winery is a two-bedroom dwelling with office, kitchen, dinette, lounge and bathroom and toilet.
? Shedding includes a large storage shed with lean-too, machinery shed enclosed on three sides and a gravity fed crusher plant with lighting & power.
? Barnadown Run is being sold on a walk in walk out basis, the sale includes all wine making equipment, vineyard equipment, farm machinery, household furniture, wine show display, ?Barnadown Run? business name, label trademark, website and clients database. (Remaining wine stock can be negotiated separately)

Property History for 390 Cornella-Toolleen Rd, Toolleen, VIC 3551

A timeline of how this property has performed in the market
Last Sold
$1,621,000
12 Mar 2024
  • 03 Apr 2024
    Listed for Sale Not Disclosed
  • 12 Mar 2024
    Sold for $1,621,000
  • 29 Jun 2023
    Listed for Sale Not Disclosed
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About Toolleen 3551

The size of Toolleen is approximately 158 square kilometres. It has 2 parks covering nearly 13% of total area. The population of Toolleen in 2011 was 351 people. By 2016 the population was 165 showing a population decline of 53.0% in the area during that time. The predominant age group in Toolleen is 60-69 years. Households in Toolleen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toolleen work in a managers occupation. In 2011, 87% of the homes in Toolleen were owner-occupied compared with 90.8% in 2016..

Toolleen has 193 properties. Over the last 5 years, Houses in Toolleen have seen a 42.17% increase in median value. As at 30 November 2024:

  • The median value for Houses in Toolleen is $473,303 while the median value for Units is $460,374.
There are currently 3 properties listed for sale, and no properties listed for rent in Toolleen on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Toolleen.

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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.