Phone enquiries - please quote property ID 25082.
Do you have a dream of wanting a rural property, but it is out of your price range? Then this may be the answer to your dreams.
As we all know, rural acreage in and around Apollo Bay has become expensive. Approximately 40 years ago a group of owners established a joint property ownership for the property called 'Binnawee'. (Property co-ownership is becoming very common and used when there are two or more people sharing the ownership of a single property title).
Binnawee is a 250 acre property situated just 4 kilometres from Apollo Bay township. The property is jointly owned by 6 families via a fully registered company (the Binnawee Co-operative Limited), which is officially registered under the Co-Operatives ACT 1996.
On the market now is a share certificate which entitles you to co-op ownership with exclusive use of the charming four bedroom house. The sale is for a one-third share-holding of the entire property.
THE RESIDENCE:
A spacious floor plan including generous open plan living and four carpeted bedrooms, all with BIRs, serviced by the light-filled central bathroom. A well-appointed kitchen as a central spot for the house with ample storage, plenty of bench space and quality appliances. Lovely living area with wood combustion heater and an elevated deck with spectacular views.
This purchase offers a lifestyle that will fulfill your dreams at the fraction of the cost you would normally pay to have a home on acreage. Everything organised through your solicitor to ensure the clarity of your long-term ownership.
Enquire today to find out more.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
