Ventnor

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A renovated three bedroom home on Phillip Island with 68 acre parcel of land recently sold for $1,835,000.
The rural property was listed by Mike Foenander from OBrien Real Estate - Judith Wright. 
The renovated house at <a href="https://www.realestate.com.au/sold/property-house-vic-ventnor-130793614" target="_blank">511 Ventnor Road, Ventnor </a>comprises three bedrooms, two living areas and sun drenched decks with rural and native bush views. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/20/ventnor%202.jpg" alt="">
Other features of the property include five main paddocks, town water, three dams, historical kiln, and approved plans for a second dwelling.
It has been leased to two businesses with a renowned local following, Island Primary Produce – a paddock to plate butcher shop and The Store – a café offering light meals, coffee and regional produce.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/20/ventnor%203.jpg" alt="">
Two long-term leases generate an income of $600,000 per annum. 
The property last sold in 1992 for $325,000. 
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Ventnor

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