OFF MARKET

3466 Meeniyan Promontory Road
Yanakie VIC 3960

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 928244m2
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Property Details for 3466 Meeniyan Promontory Rd, Yanakie

Building Type
Rural
Land Size
928244m2
Local Government
South Gippsland
Lot/Plan
3/PS341108

Last Listing description (August 2021)

Yes That is right! This outstanding investment farm not only is leased out on a new 5 year term from 2021, but there is a secure lease in place to a strong adjoining dairy farm. There is no need to run your own cattle, just sit back and reap the rewards of the existing income to 2026. After 2026, you may wish to offer further lease terms, or you can choose to operate the property yourself, or turn it over offering vacant possession. For more details on the lease and income, contact Andrew today. 0402 940 320. Outstanding 225.92 Acres right on the edge of Yanakie. Two titles Lot 2 126.71 acres Lot 3 99.21 acres Very gently rolling country, quality pastures, good water supply from main dam pressure system to troughs. Located on a main road is this highly developed and productive dairying and beef cattle region of renowned South Gippsland. The property also boasts an airstrip on the North Eastern boundary of Lot 3 (Yanakie Township end). The property can be sold as a whole or sold by negotiation for the individual titles. Your inspection is recommended. Inspection strictly by appointment only.

Property History for 3466 Meeniyan Promontory Rd, Yanakie, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$1,965,500
27 Aug 2021
  • 27 Aug 2021
    Sold for $1,965,500
  • 11 Nov 2020
    Listed for Sale $8,900pa

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About Yanakie 3960

The size of Yanakie is approximately 90.7 square kilometres. It has 3 parks covering nearly 5% of total area. The population of Yanakie in 2011 was 385 people. By 2016 the population was 250 showing a population decline of 35.1% in the area during that time. The predominant age group in Yanakie is 60-69 years. Households in Yanakie are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Yanakie work in a managers occupation. In 2011, 72.1% of the homes in Yanakie were owner-occupied compared with 65.3% in 2016..

Yanakie has 238 properties. Over the last 5 years, Houses in Yanakie have seen a 125.52% increase in median value. As at 31 October 2024:

  • The median value for Houses in Yanakie is $1,209,315.
There are currently no properties listed for sale, and no properties listed for rent in Yanakie on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Yanakie.

Suburb Insights for Yanakie 3960

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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.