SOLD
Sold on 30 Apr 2024 for $2,800,000

40 Bindea Road
Yellingbo VIC 3139

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 242800m2
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Property Details for 40 Bindea Rd, Yellingbo

40 Bindea Rd, Yellingbo is a 0 bedroom, 0 bathroom House. The property has a land size of 242800m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Yellingbo in the last 12 months.

Building Type
House
Land Size
242800m2
Local Government
Yarra Ranges
Lot/Plan
2/PS616031

Last Listing description (March 2024)

THE CHERRY FARM WILL BE OPEN FOR INSPECTION SATURDAY 16/03/2024 3.30PM - 4.30PM - JOIN ME FOR A TOUR OF THIS AMAZING OPPORTUNITY!

Situated on 60 stunning, private & peaceful acres you will find 50 acres of an immaculate, successful & profitable Cherry Farm + 10 acres with approved plans and permits for an executive, family home or provide further scope to generate income. Buy the property to build your dream home on 10 clear and sunny acres with lovely views and hire a manager to run the farm & generate a substantial yearly income or run it yourself and reap all the rewards. Having recently returned Australia's most succcessful harvest - now is the time to inspect & enquire!

The farm consists of approximately 20,000 cherry trees and over $1,000,000 of infrastructure including full bird netting, an off-grid amenities shed, a machinery shed, a packing shed and a contractor designated campsite with caravan and amenities shed. This farm has been set up with the best of everything in terms of infrastructure and every aspect of running the property is documented, leaving you nothing to do but launch into your own extremely profitable lifestyle farming business and set your family up for life. The farm is currently being run solely by a 1 person who works full time during harvest, being November to January and between 1 -3 days per week the remainder of the year with the assistance of contractors for the picking and pruning when required.

Key aspects of this amazing opportunity include:
60 immaculate acres, fully fenced and privately located in the beautiful Yarra Valley,
50 acres, being home to approx 20,000 trees, all under near new nets,
Established supply agreements to packhouse/distributor,
20 Megalitre bore,
Scientific growth plan in place to ensure the best crop every time,
Fully documented and streamlined process,
Contractor camp area and facilities,
Machinery shed,
Packing shed,
Fully insulated, off-grid amenities shed with kitchen and bathroom,
10 clear acres with approved plans and permits for a stunning 4-bedroom home,
Room on the 10 acres for the horses, hobby farm,
* Or use the 10 acres to generate further income - hay, chickens, growing,
Designated Hi-Camp site for additional income,
Outstanding income for a comfortable part-time, seasonal 1-person business,
1 year hand over by negotiation,
All equipment required to efficiently run the farm available

If you are looking to escape the rat race, semi-retire, provide a profitable legacy for your family, invest, find stunning land to build your dream home with the option of making an income, (whether you run it or employ a manager), or maybe you are purely looking for a profitable farming business this is the opportunity of a lifetime!

Being sold as a going concern this opportunity comes complete with all the perks of being a primary producer so dont hesitate, call now for more information & to book an inspection.

Harvest has finished, so now is the perfect time to inspect & appreciate the full potential return of the farm!

CALL SAMANTHA SCOTT 0438 680 032 TODAY FOR MORE INFORMATION & TO REGISTER TO ATTEND THE OPEN FOR INSPECTION YOU WILL DEFINITELY BE IMPRESSED.

Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.

Property History for 40 Bindea Rd, Yellingbo, VIC 3139

A timeline of how this property has performed in the market
Last Sold
$2,800,000
30 Apr 2024
  • 30 Apr 2024
    Sold for $2,800,000
  • 06 Apr 2023
    Listed for Sale $2,500,000 $2,750,000 Equipment at value
  • 20 Sep 2016
    Sold for $1,420,000
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About Yellingbo 3139

The size of Yellingbo is approximately 43.5 square kilometres. It has 4 parks covering nearly 17.8% of total area. The population of Yellingbo in 2011 was 515 people. By 2016 the population was 555 showing a population growth of 7.8% in the area during that time. The predominant age group in Yellingbo is 50-59 years. Households in Yellingbo are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Yellingbo work in a trades occupation. In 2011, 88.6% of the homes in Yellingbo were owner-occupied compared with 91.7% in 2016..

Yellingbo has 258 properties. Over the last 5 years, Houses in Yellingbo have seen a 44.71% increase in median value, while Units have seen a 58.19% increase. As at 30 November 2024:

  • The median value for Houses in Yellingbo is $1,324,237 while the median value for Units is $569,798.
There are currently 4 properties listed for sale, and no properties listed for rent in Yellingbo on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Yellingbo.

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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.