Home' South Gippsland Sentinel-Times : April 11, 2017 Edition Contents THE SOUTH GIPPSLAND SENTINEL-TIMES, TUESDAY, APRIL 11, 2017 - PAGE 43
Elders Leongatha 5662 3523
16 McCartin St Leongatha 3953
0417 805 312
Elders Korumburra 5658 1894
11 Commercial St Korumburra 3950
0428 571 083
0439 383 091
FIRST CLASS 40 ACRE LIFESTYLE PROPERTY
PERIOD HOME IN ONE OF THE BEST STREETS
• Outstanding period style homestead
• 4 large BRs, 2 bathrooms, 2 living areas
• High ceilings, polished floor boards
• Ornate open fire, s/c r/c for heating/cooling
• Kitchen, slow combustion stove & elec. wall oven/plates
• Fully enclosed outdoor entertaining deck, dbl garage
Web ID: 11085236
‘BUCKLEYS HILL’ OUTSTANDING GRAZING PROPERTY FISH CREEK
• 2 titles, 491 Acres (198.76 Ha)
• Land gently undulating to rolling country
• Exc. shelter belts, clean pastures, fertilizer history
• 13 dams (5 spring fed) plus 38-40” annual rainfall
• Well fenced, 10 main paddocks serviced by laneway
• Homestead, 4 BRs, study area, 2 bathrooms
• W/shop with 3 phase power and machinery shedding
Price: $3 Million
Web ID: 13476563
OUTSTANDING INVESTMENT OPPORTUNITY
• 4 Acres in 2 Titles
• Zoned residential 1
• All services available
• Superb gently undulating block
• Walking distance to schools, shops etc.
• Rare investment opportunity available
Web ID: 13477594
• “Grandview Farm” views over reservoirs
• 1946 homestead 3 BRs plus study (or 4th BR)
• Self-contained unit, for home office or guests
• Undulating 40 acres, virtually 100% useable
• Cattle, horses, sheep, alpacas, B&B and more
• W/shop with hoist, hay, machinery and storage sheds
Web ID: 13395038
OFI: Sat, April 22 at 10.30-11.30am
Address: 505 One Chain Road, Kardella
AUCTION on site
52A Bair Street, Leongatha
0438 031 566
0428 740 750
23 Binginwarri South Rd, Woorarra East
12.5km from Welshpool, on Midland Hwy,
Quality modern 3 bed 2 bath home
on 2 acres
Large open plan kitchen/dining/lounge.
Large deck, single car garage. Great views,
power and tank water.
VENDOR RESERVE PRICE $250,000
Open day Saturday, April 8, 11am-1pm
Saturday, April 15 at 11am
23 Binginwarri South Road, Woorarra
BUYERS and sellers of residential property
need to be aware of new price quoting legisla-
tion, which will affect the way agents quote and
market homes in your area.
The Estate Agents Amendment (Underquot-
ing) Bill 2016 is set to come into effect on May
1 and will apply to all residential homes being
sold by private sale or at auction.
Under the new legislation, agents will be re-
quired to provide all prospective purchasers
with a Statement of Information – a buyer fact
sheet containing three comparable sales, the
town’s median house price and the agent’s esti-
mated selling price.
In regional Victoria the comparable homes
must have sold within the preceding 18 months
and be within a 5km radius of the property for
These comparable homes must be of similar
standard, size and condition to the property be-
Where the agent believes there are fewer than
three comparable sales that meet these param-
eters, they must state so.
In determining the estimated selling price,
agents are required to take into account the
selling prices of these comparable proper-
ties with the price expressed as either a single
amount or a price range not greater than 10
Offers over and price-plus advertising is pro-
Agents will also be required to revise the
property’s estimated selling price if the agent
receives an offer above the advertised range,
which has been rejected by the vendor because
the price is unacceptable.
The Real Estate Institute of Victoria has
worked alongside the government in developing
the new legislation, which will improve trans-
parency and consistency in the residential mar-
ket – with buyers now provided with the same
information as the vendor.
The new legislation is designed to be effective
in a variety of market conditions, including a
rising market, and is a significant step forward
for Victoria’s property industry.
In addition, the Bill has established new of-
fences for agents found guilty of underquoting
Agents will face considerable fines of more
than $30,000 and may be ordered to pay com-
mission received to the Victorian Property
For more information on changes to price
quoting legislation, visit reiv.com.au/news/pol-
- Joseph Walton is the president of the REIV.
New rules to stop underquoting
‘GRANDVIEW Farm’ at Kardella overlooks
and adjoins both ‘Highland’ and ‘Western’ res-
ervoirs and boasts all that you could possibly
need in a country lifestyle property.
Set in the rolling green hills of South
Gippsland, the property is suitable for cattle,
horses, sheep, alpacas, B&B and more.
Grandview’s 1946 homestead personifies
The homestead consists of three bedrooms
plus study (or fourth bedroom), country kitch-
en with walk-in pantry, separate dining and
lounge areas, open fireplaces plus wood heat-
ing and split system reverse cycle.
This well-kept charming home is in an excep-
tionally well maintained condition and is wait-
ing for newcomers to stamp their own mark, if
Additional to the homestead is a separate
stylish unit with full en-suite and is perfect for
dual living arrangements, studio, home office/
business or guest accommodation.
Ample shedding includes a lock-up workshop
with hoist, hay, machinery and storage sheds.
All of Grandview’s facilities are well posi-
tioned in a superb landscaped garden setting
including rare and established trees, alfresco
areas for entertaining with wood fire pizza
oven, hot house, chook pen and more.
The undulating 40 acres is virtually 100 per
cent useable and is watered via dams to troughs
with a secure 40 inch annual rainfall and is well
fenced to paddocks with a central laneway.
‘Grandview Farm’ enjoys stunning vistas of the
reservoirs and close by is a walking track which
is a rare attribute for you to discover and explore.
Ideally situated, ‘Grandview Farm’ is only
8km to Korumburra, 10km to Leongatha and
approximately 90 minutes to Melbourne.
Beaches and fishing at Inverloch are within
Elders are conducting an open home for
‘Grandview Farm’ on Saturday, April 22 from
10.30am to 11.30am.
If you would like to inspect this excellent
property or have any questions, contact Elders
agents Don Olden on 0417 805 312 or Jean
O’Loughlin 0428 571 083.
Web ID: 13395038
Address: 505 One Chain Rd, Kardella
The home has separate dining and lounge areas.
Grandview Farm is on 40 spectacular acres at Kardella.
First class 40 acre
You’re going to love the entertaining spaces
outside where you’ll find a pizza oven.
By Joseph Walton
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