694 Northern Highway Heathcote VIC 3523
Sold $720,000
- Property Type Acreage/Semi-rural
- Land area approx 40000sqm
- Region Northern Country
- Toilets 2
- Garages 2
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Find the best lender and package to suit your needs.
LIVE THE OLIVE GROVE DREAM ON 10 ACRES
Situated on a sprawling 10-acre allotment with a bore, this idyllic estate boasts an impressive 500 olive trees and a charming 3-bedroom brick home.
The warm and inviting 3-bedroom brick home, approximately 20 years young, has gone through a full internal renovation with a new kitchen, bathrooms, timber floors, downlights, roller blinds and a fresh re-paint that welcomes you with a spacious open plan design. The heart of the home is a generously proportioned kitchen, meals, and living area, complete with reverse cycles split system, a cozy wood heater, and a sliding door access to the front veranda. From here, you can bask in panoramic views of the entire property. All three bedrooms are equipped with Built-In Robes (BIRs), while the bathroom offers a vanity, a rejuvenating shower, and a separate toilet and laundry.
Outside improvements include a 6.3m x 7.5m shed with a concrete floor, ensuring ample storage and workspace for your endeavors. With two rainwater tanks, three dams, and an unmetered bore that has never dried out in the past 20 years, your water needs are efficiently met.
The approx 500 olive trees on the property have proven to be prolific, yielding 5,000kg of olives that have been transformed into 1000L of precious oil and 400kg of delectable table olives. Olive trees require minimal care therefore, you can either harvest and produce olive oil as a side income once a year (average income of $25k per annum) or enjoy the scenery of the olive trees.
A diverse orchard comprising approximately 80 fruit trees, including various apple and pear varieties, grapevines in both red and white hues, and nut trees. All trees are serviced be a irrigation system three dams and a quality bore, making watering an easy task.
The property offers two access points, one via a service road from the Northern Highway and the other via the rear entrance from the Mt Ida lookout road. Don’t dream about it, do it!
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