OFF MARKET

16 Raapita Road
Toorloo Arm VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 461342m2
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Property Details for 16 Raapita Rd, Toorloo Arm

Building Type
Land
Land Size
461342m2
Local Government
East Gippsland
Lot/Plan
2/PS649966

Last Listing description (May 2024)

Situated only 5 minutes East of Lakes Entrance right upon the turn off to the popular Lake Tyers Beach you will find this immaculate property ready and waiting for new owners to love and enjoy.

If you have envisioned moving to the coast and finding an exquisite piece of land to build upon (STCA) then look no further we have it all here ready and waiting. Close to town, close to the beach and still you are able to enjoy a country lifestyle.

Perhaps you're looking for some ground to spread your wings? Enough land where you can run a small herd of cattle? Do you like horses? Or maybe you have your own ideas about producing from your land?

This property we present to you is set upon 114 acres (approx.) and already is completely set up for you to begin production right away.

The current owners have the initial hard work done for you including:

? 4 Hectares of Lemon trees, that's 2,000 lemon trees that are all producing

? 50 Avocado trees

? Water ? LOTS of water in fact a 50 MEG Dam
and
? 20 MEG Water Licence (this could be increased with application to Southern Rural Water)

? Plus tank water 137,000 liters of tank water

- Town water is available for connection

- Bore with controller & metre (Southern Rural Water)

- Shedding - 13m x 14m - 4 bay implement - 1 concreted bay including amenities

- Single Phase power available - 3 Phase Power Available at Shed

- Fencing, is all in excellent condition

- Cattle yards

What we have here is only the tip of the iceberg, we have so much more information to pass onto you for this property.

Make your enquiry today 03 5155 3133

Property History for 16 Raapita Rd, Toorloo Arm, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$1,200,000
22 Jun 2023
  • 22 May 2024
    Listed for Sale Not Disclosed
  • 22 Jun 2023
    Sold for $1,200,000
  • 03 Nov 2022
    Listed for Sale Contact Agent
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About Toorloo Arm 3909

The size of Toorloo Arm is approximately 183.1 square kilometres. It has 2 parks covering nearly 70.9% of total area. The population of Toorloo Arm in 2011 was 338 people. By 2016 the population was 363 showing a population growth of 7.4% in the area during that time. The predominant age group in Toorloo Arm is 40-49 years. Households in Toorloo Arm are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toorloo Arm work in a community and personal service occupation. In 2011, 82% of the homes in Toorloo Arm were owner-occupied compared with 77.5% in 2016..

Toorloo Arm has 253 properties. Over the last 5 years, Houses in Toorloo Arm have seen a 60.86% increase in median value. As at 30 November 2024:

  • The median value for Houses in Toorloo Arm is $852,969.
There are currently 7 properties listed for sale, and no properties listed for rent in Toorloo arm on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Toorloo arm.

Suburb Insights for Toorloo Arm 3909

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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.