3594 South Gippsland Highway Giffard West VIC 3851
Sold
- Property Type Other (Rural)
- Land area approx 155ac
- Region Gippsland
- Locality Wellington
- Uncovered Carspaces 2
Plenty of capital growth potential
Located south of Sale on what are referred to as the Gippsland coastal plains only a 15 minute drive to the surf along the magnificent 90 Mile Beach.
Approximately 40% of this 154 acre property was originally grasslands utilized for cattle grazing and serviced by stock dams and cattle yards. The livestock have long gone and over the last twenty years those grasslands began reverting back to bush although at this time could effectively be reclaimed.
The remaining area on the eastern section of this property remains original native forested vegetation comprising predominantly Yellow Stringybark, Peppermint Gums, Messmate, Banksia etc. Paperbark Tea-Tree can be found in the lower wetter areas.
This dense woodland is not only a haven for wildlife but may present significant commercial qualifications relevant to vegetation offset trading (subject to professional assessment).
This is one of those properties that represents great value with plenty of scope for capital growth simply by prudent investment and 'rolling up the sleeves.'
3-bedroom brick residence with substantial powered shedding and frontage to South Gippsland Highway.
We highly recommend inspection and serious consideration of this "diamond in the rough".
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4444
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