With the median price for residential properties in Melbourne getting towards $600,000 an increasing number of buyers are looking to very affordable properties in the delightful small towns and villages in central Victoria as their preferred lifestyle or residential destination.
The central region office of Ruralco Real Estate has listed an impressive property – Penhale in Avenel – which meets this criteria.
The property inclusive of a quality four bedroom brick homestead of considerable scale with an area of 370 sqm or 40 squares and with outstanding features is offered for private sale with offers invited in the $590,000 to $620,000 range.
Penhale* (the name reflects the Cornish origins of the vendors) offers easy access to all the services of the delightful Avenel township and is set amongst similar style and acreage properties and it is on a regularly shaped allotment of two hectares or approximately five acres of fertile and level land.
It was built in 2004 after the vendors relocated from the UK and they chose the area for its easy accessibility and ready connections to centres like Nagambie and Shepparton (where their children were educated).
Local district communities including Seymour, Nagambie, Euroa and Shepparton with professional employment opportunities, excellent recreational and diverse sports facilities are complemented by acclaimed wine and food attractions are all easily accessible while the Hume Freeway offers easy access to the north or south to the City.
Now with their children having left home the vendors are selling to downsize.
As a family home it was built with four bedrooms the master with double built-in robes, an en suite and a bay window plus there are three copious dining, living and relaxing areas.
The other three bedrooms are equally attractive and include built in robes, bookcases and desks and proved ideal for education pursuits.
There is also a study with built in cabinetry, while the kitchen with its on walk-in pantry is centrally located in relation to the adjoining living areas.
High quality fittings throughout are complemented by a ducted heating and cooling system plus a combustion heater in one of the living areas
Another feature is a north facing alfresco outdoor living area at the rear while verandas on each side provide plenty of shading.
There is a double garage with workshop or storage space and roller door access plus an adjacent recreation or rumpus room with this section of the house able to be segregated as a self-contained wing.
Externally there is a 13.5 by 5 metre solar heated in ground swimming pool set in a landscaped environment.
There is even a twenty-one panel solar array on the roof that makes a significant contribution to household energy use.
Water resources are considerable with plenty of rainwater storage, a fully equipped bore with submersible pump that supplies the garden with its own in ground irrigation system and stock water.
The property is subdivided into four paddocks with good quality fencing making it ideal to run a small herd of cattle, or sheep, even alpacas or a horse or two as there is already a stable block.
Adjoining the circular driveway is another steel building complex providing extra workshop or storage with room to park a horse float or a tractor or other mobile equipment.
Ruralco Real Estate’s central region agent Jeanette Laffan says that Penhale is a crème de la crème relocation or lifestyle property ídeally suited to a family or a couple.
“Penhale presents superbly as an impressive executive style home on good acreage with all the local and district facilities within easy reach.
“The home is set in an established low-maintenance garden with productive fruit trees, a fenced dog run and a great outlook.
“This private sale offer creates the opportunity to enjoy a peaceful country lifestyle with easy access to strong local communities with good education facilities available and plenty of room to run a few livestock or add further to the already established low maintenance garden” Jeanette says.
Click here for further information on Penhale at 26 Ferguson Lane in Avenel or contact Ruralco Real Estate’s Central region agent Jeanette Laffan on 0438 452 641.
*Penhale is a popular village on the north coast of Cornwall as a holiday destination and is a Site of Specific Scientific Interest due to its landforms and history.