5 Wedderburn-Serpentine Road

Glenalbyn VIC 3517

128.5 ac.

Other

Adrian Smith, last sold this property on 27 January 2025 after 144 days on market.

Overview

Korong Ridge Lot5/PS622481M You can preserve significant natural habitat for future generations, and have the option to join an established conservation-minded community. Lot 5 of the Korong Ridge Conservation Estate offers: - Conservation Legacy: Preserve this 128.5ha parcel in perpetuity, part of the larger 835ha Korong Ridge Conservation Estate protected by three separate conservation agreements. - Future Contracted Income: Benefit from a Carbon Sequestration Agreement and an Offset Credit Agreement with future income projected at approximately $240,000 over the next 9 years (as of June 2024). - Dwelling Potential: A domestic area of approximately 8 hectares within the property boundary allows for the potential for a dwelling, STCA and covenant conditions apply. - Easy Access: All-weather access via a council-maintained road (Mt Korong Firebreak Track) ensures year-round convenience. - Biodiversity Haven: Home to vulnerable, rare, and threatened species, this property boasts significant remnant trees an

Features

128.5 ac. lot size

Other

Estimated Value

We need at least 3 similar other properties sold in Glenalbyn over the last 12 months.

Property history for 5 Wedderburn-Serpentine Road

2025

Sold

Undisclosed

27 Jan 2025 by Adrian Smith, of Nutrien Harcourts Ballarat

Happy sellers in Glenalbyn

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