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B&B/VILLAS WITH EQUINE DEVELOPMENT POTENTIAL, MURRAY RIVER REGION, VICTORIA

LOCATION/AREA

Cobram Barooga area (on the Murray River) Northern Victoria.

PROPERTY TYPE/SIZE

“Sunset Villas” is a 97 acre (39.25 hectare) rural property with a main house, productive farm and outbuildings and 4 free standing 1 bedroom villas used for tourism and function accommodation. The property and business have enormous potential for expansion and development.

PRICE RANGE

$820,000
Includes 314mL underground water licence;
Optional 64mL water licence by negotiation.

PROPERTY INFORMATION

This great property is only minutes away from the mighty Murray River, with beautiful white sandy beaches and tall, shady river gums. It has dual income streams from the farm operation (a viable rural business in its own right) and villa rental.

Development Potential:

Potential exists to expand this business for up to:

• 20 Villas
• Function rooms for weddings etc.

There is ample room for this to iccur (STCA). This would increase the income stream and profitability and make the business very viable.

The area is very popular with tourists and travellers.

Winter Pasture (Bailed)

The farm features:

• 97 acres of which:
• 45 acres sown to summer pasture (clover)
• 40 acres sown to winter pasture (currently being made into hay)
• 15 hp electric pump for Speer
• 1 ½ hp electric pump for gardens (new)
• Prime laser levelled land for irrigation
• Ample water entitlements with:
• 64 mega litres irrigation licence (available by negotiation)
• 314 mega litres underground water licence (included)
• Dam (run off)
• Ample shade trees for stock
• Cattle yards with holding paddock
• Large machinery shed (16m x 10m)
• 414A International tractor/slasher
• Electric fence unit

Shaded Grazing Area	Cattle Yard & Ramp	Machinery Shed

The farm is ideal for:

• Hay, oats and rye production
• Agistment of livestock
• Horses, stud cattle, alpacas etc

The Main Residence

This is a large 2 storey family home (44 squares under roof) constructed of brick veneer with a colorbond roof and 8’ 6” ceilings, plus ducted split system air conditioning/heating to the whole house.

Features:

• Ducted split system air conditioning/heating throughout
• Indoor BBQ/entertaining area
• 2nd storey Art Studio and Gallery
• 2 carports plus single garage with internal access
• Swimming pool
• Great lawns and gardens with turf valves and drip irrigation system
• Underground water supply (for pool, gardens, house etc)
• 5,000 gallon rainwater tank

View of Main House	Formal Loungeroom	Family Room

The main house features include:

• Main bedroom with ensuite, walk in robe, ceiling fan and carpet
• 2nd bedroom with walk in robe, ceiling fan, carpet and built in drawers and shelving
• 3rd bedroom with built in robe, ceiling fan, carpet and built in drawers, shelving and desk
• Formal lounge with open fireplace and carpet
• Family room with 15 foot sloped ceiling, Coonara wood heater and built in wall cabinet
• Formal dining room with carpet
• Study/office with 2 separate phone points and closet with built in shelving
• Blackwood kitchen with:
• Gas oven and cook top
• Dishwasher
• Ample cupboard and bench space
• Separate 3m x 4m walk in pantry
• Large dining area
• Cork floor
• Main bathroom with bath, shower and vanity
• Separate toilet
• Internal laundry
• Outdoor toilet (in carport area)
• 2nd storey

Indoor BBQ Area	Pool & Decking	Outdoor Area

The second storey is currently used as an Art Studio and Gallery with reception area and balcony. This section can easily be adapted into an apartment or additional accommodation as it has internal and external access.

The “Sunset Villas”

The 4 self contained, 1 bedroom units have a 4 star rating by the R.A.C.V. They are set in beautiful gardens and are ideal for weddings, honeymoons, romantic weekends, anniversaries or other accommodation.

Villa Income

These are rented for between $110 and $145 per night (depending on the season). Full details available on website: www.sunsetvillas.com.au

Website Promoting Villas	Private Gardens	Private Deck

The villas feature:

• 4 self contained and individually decorated 1 bedroom units (can accommodate up to 4 adults)
• Set 350 metres from the highway ensuring peace and tranquillity
• Constructed of Hardiplank with plaster interior and colorbond roof
• Insulated walls and ceilings
• Split system air conditioning/heating
• Tiled throughout with carpeted lounge and bedrooms (each with Queen sized bed)
• Open plan lounge/dining/kitchen area with sliding door onto private balcony
• Under cover BBQ area with gas BBQ and 7 piece outdoor setting
• Nestled in beautifully landscaped gardens and lawns and surrounded by large shady gum trees
• Exquisite views of rural sunsets with ample bird life
• Shared laundry with all laundry facilities included
• Rainwater tank supplying all villas

Interiors	Landscaped Gardens	Shaded Lawn Area

Each villa includes:

• 1 bedroom with queen size bed, walk in robe, bedside tables, clock radio, electric blanket and bedding
• Kitchen with refrigerator, microwave, electric frypan, toaster, kettle, crockery and cutlery
• Television (2 units with DVD players)
• 2 units with fold out sofa beds (for extra guests)
• 2 units with 3 seater lounges
• Bathrooms with shower, vanity and toilet
• Private deck with picturesque views

Functions and Receptions

Garden weddings have proved to be very popular with garden photos and honeymoon accommodation all in the 1 package. There is huge potential with further expansion into the wedding market anticipated (erection of a reception facility) making this a very desirable venue.

Location

Sunset Villas is central to a wide area of Northern Victoria/Southern NSW and is approximately:

• 3 minutes to Cobram and Barooga
• 30 minutes to Yarrawonga and Mulwala
• 50 minutes to Rutherglen (vineyards etc)
• 1 hour to Shepparton, Echuca (VIC) and Deniliquin (NSW)
• 1 hour 20 minutes to Albury Wodonga
• 2 hours to Bendigo
• 3 hours to Melbourne

Cleared Development Area

BEST FEATURES

• Perfect rural lifestyle with income from tourism
• Fully operational tourist operation (4 star rated) providing good income with minimal effort
• Potential to improve and expand the current facilities and functions (additional villas, reception/function building etc)
• Fully operational website
• Beautifully maintained family home with large living areas, inground pool and entertaining areas
• Productive irrigated farm with good income and potential for growth (ideal for horses, stud cattle, cropping or horticulture)
• Gas and town water available at front of property
• Highway frontage (excellent exposure)
• Minutes to Cobram for schools, shops, hospital and sporting facilities

ADDITIONAL INFORMATION

This property offers a quality lifestyle ideal for a family wanting to enjoy rural Australia. The dual income is a real bonus and the house and villas are in excellent order and condition. There is room for adding more villas on the cleared and prepared land (potential to enjoy a good income from this avenue is enormous). The farm currently produces good quality hay, this could also be more intensively farmed for horticultural/agricultural purposes.

This unique and productive property is one for the astute buyer. Call the owners to arrange an appointment while the opportunity exists.

Contact Details

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