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195 Eight Mile Road

Nar Nar Goon, VIC 3812, Australia
$1.95m
3812303514.23m²

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Area Price Guide
$1.83m$2.07m

Indicative price guide range

🏘️
15
Comparable
📊
$1.10m
Area median
⚖️
+77%
vs median
📐
$0
Per m²
📏
3812303514.23 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Raine&Horne Land Victoria is proud to present a premium rural holding in Nar Nar Goon. Approximately 30.27 hectares (74.8 acres) of prime farmland, featuring a comfortable three-bedroom residence and multiple machinery and hay sheds. Perfectly suited for grazing, hobby farming, or other rural enterprises, the property provides ample space for vehicles, equipment, and livestock in a private, scenic country setting. Conveniently located within minutes of Nar Nar Goon and Pakenham railway stations, as well as key regional centres and Melbourne CBD (60 minutes), it presents a rare opportunity for lifestyle buyers and investors. With Melbourne's south-east corridor experiencing rapid growth, this large landholding promises strong long-term capital growth, income potential, and excellent land banking value with long settlement options. Key Features: • Approx. 30.27 hectares (74.8 acres) of prime rural land • Three-bedroom country residence with one bathroom • Multiple machinery sheds and hay sheds, ideal for farming operations or storage • Two car spaces with extensive room for additional vehicles, equipment, or shedding • Well suited for grazing, hobby farming, or agricultural use • Ample space for horses, livestock, or rural enterprises • Private rural setting surrounded by established farmland • Excellent long-term land banking and investment potential Location Benefits: • Strategically located within reach of major regional centres and key transport routes: • 8 minutes to Nar Nar Goon railway station • 9 minutes to Southside Racing Pakenham ( Pakenham Racecourse) • 12 minutes to Koo Wee Rup • 15 minutes to Pakenham railway station Beyond its lifestyle appeal, this property represents a compelling long-term investment and land banking opportunity. With Melbourne's south-east corridor continuing to experience strong population growth and infrastructure development, large landholdings of this scale are becoming increasingly scarce. Investors can benefit from holding income potential, capital growth prospects, and strategic long-term positioning in a highly sought-after rural region. A Rare Opportunity: Properties of this scale in such a well-connected rural location are becoming increasingly rare. With expansive paddocks, scenic surroundings and strong long-term growth prospects, 195 Eight Mile Road presents a unique opportunity for lifestyle buyers, investors, and land bankers seeking to secure a substantial holding in Melbourne's thriving south-east region. For Inspection Contact: Pushpinder P Bajwa (Vinny) 0433-836-421 Satyaveer S Jodha (Veer) 0423-620-183 DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

Property Features

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    Repayment calculator

    $9,454/month
    $4,727 /fortnight
    Loan $1,560,000 at 6.10% over 30 years

    Upfront costs

    Deposit$390,000
    Stamp duty$107,250
    Conveyancing (est.)$2,000
    Total upfront$499,250
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    3812303514.23m²
    Listed
    1 month ago

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