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5621 Midland Highway
elaine
VIC, 3334

SOLD

Sold for $1,085,000

listing rooms 3
listing bathrooms 1
listing parking 1

Elaine - 96 Acre Farm, Between Ballarat & Geelong

The home: This post war 1950's home which is in original condition offers decorative brick work with a terracotta tile roof, aluminium windows & timber subfloor. The home features 3 big bedrooms ( built in robe to master), with a large country style kitchen with electric freestanding cooker which includes meals area and separate formal lounge with sold fuel heating. There is an internal toilet, separate bathroom, enclosed porch to the back door to protect you from the elements with a single car garage sitting at the end of the concrete driveway.

Improvements: include a dog run for 3, large workshop with 2 sliding doors measuring about 10m by 19m long with concrete floor, power and about 10 foot clearance. Second shed nearby used to store garden equipment measuring 5m by 10m long with power and concrete floor. There is also a 2 bay hay shed and shearing shed with timber raised floor, 12m by 15m long (180m2) with sheep yards.

Land: Approx. 96 acres of grey loam soil type, land is mostly arable and reasonably flat currently running a flock of sheep. Property has good fencing with 5 paddocks made up of mostly ring lock, steel droppers and plain wire. The land is a corner block also fronting Fords Lane 800m, sitting on one title and zoned farming under the Shire of Moorabool 53 667 100. Frontage to the Midland Highway is approx. 504m with a depth of just over 1 kilometre to the south or Geelong side.

Services to the home include mains power connected, septic tank, fortnightly garbage service and mail box at front with about 40,000 litres of tank water servicing the home with electric hot water. There are 2 dams catchment dams provide water for livestock. Dam 1 is close to the Midland Highway just south of the house, with the second dam located close to the south boundary fence, towards middle of land. There are three tanks in total being connected to the house, shearing shed and large workshop.

5621 Midland Highway is located on the Ballarat side of the Elaine Village which has a population of around 250, which is well serviced with a general store, farm supplies business, sports oval and The farm gate shop & post office.

The property is located between Ballarat & Geelong, being a 30 minute drive to Ballarat, 15 minutes to Buninyong and 45 minutes to the Geelong beach. The property would suit any form of rural pursuit being ideally positioned in a reliable rainfall area annually of about 692mm or 27 inches.

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About elaine

median house price

505000

suburb growth

12.5%

median house rent

650

suburb rental yield

6.7%

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Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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