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18-20 Little Campbell Street
Tongala VIC 3621
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Sold on 30 Mar 2023

18-20 Little Campbell Street Tongala VIC 3621

  • Rural / Farming
  • 6.53 ha
  • Sold

Fully established Orchard in the heart of the Goulburn Valley

  • Next to established township
  • Land banking with yield
  • Premium lifestyle opportunity

They truly only come like this once in a lifetime. Experience picture-perfect living in Tongala, only 10 minutes* from Kyabram and under 20 minutes* from Echuca and the Goulburn River. Truly the complete package - A beautiful family home on 16.2 acres* | 6.53 HA* providing instant income from minimal effort, huge future potential, and an absolutely unmatched lifestyle. Tongala, known for the flatness of its land and fertility of its soil, is strategically located to absorb growth from the West and East as other larger towns expand. This property represents an amazing land banking opportunity as it shares a border with the Tongala's township. This town is also rapidly developing with several development sites about 500 meters* away completed and another one due to commence by the end of the year.

Features of this property:

- Just under an Acre is on a separate title and fenced along the driveway, allowing you to build another home here if you wished to do so (STCA)

- Completely shares a border with township zoning

- 3 bedroom, 2 bathroom and home - renovated bathrooms and new kitchen, electric power supply lines redone, plumbing redone, painted inside and outside and stunning outdoor entertaining area

- 2 easy to run businesses, may be continued by the next owner.

- Feature fireplace and covered, concreted entertainment area, outside the house is separated by beautiful trees giving a real 'back yard' feel.

- Stunning gardens and green lawns

- Drip irrigation system throughout the property with 60 megaliters water entitlement. (a very large entitlement). Also entitled to 1.9 megaliters of secure town water.

- Workshop with concrete floor

BUSINESS 1 - Florist - Flowers and foliage grown onsite | Florist production room | Established clientele | Generating a steady income.

BUSINESS 2 - Fruit wholesaler & market Fruit is picked, placed in the cool room and picked up from their property with a solid client base

Very large shed, with large cool-room, plumbing and Bathroom. Half the space is concreted (deal can be made for the machinery too)
Fruit trees Fig trees (550) | Olive trees (180) | Pomegranate trees (90) | Imperial mandarin trees (270 140 of which are fully mature) | Lemon and lime trees (96) | Blood orange, Cara Cara orange and Naval orange trees (106) | Assortment of cherry, peach, grape and apricot trees | Vegetables area with small greenhouse |
*Please note even with all these trees there remains approximately six acres of empty land.

FINANCIALS

Can be provided in full to interested parties, currently the fig trees produce a great return, accounting for approximate 65% of the property's income in the 12-15 week fig season between mid-Jan and mid-May. Plenty of space to double the number of fig trees and essentially double the income as their demand far exceeds their current supply.

*All measurements are approximate only

Property Highlights

Date Sold30 Mar 2023
Floor AreaAsk Agent
Land Area6.53 ha
ParkingOn site parking available
Property ID2017932854
Category
Last updated  11 Apr 2023
Map for 18-20 Little Campbell Street Tongala VIC 3621

Property Highlights

Date Sold30 Mar 2023
Floor AreaAsk Agent
Land Area6.53 ha
ParkingOn site parking available
Property ID2017932854
Category
Last updated  11 Apr 2023
Suite 4.01, 210 Kings Way South Melbourne VIC 3205

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