Latest news with #MattPoustie
News.com.au
6 days ago
- Business
- News.com.au
Modscape modular farmhouse built to last in Barrabool Hills
Early adopters of the modular home movement have listed a custom Barrabool Hills farmhouse that blends prefabricated architectural design with commanding rural views. The modern four-bedroom residence was constructed off site by Modscape and transported to the couple's 40ha Gnarwarre farm in several sections, shaving months off the traditional build time. With retirement beckoning, the vendors are now preparing to farewell 650 Pollocksford Rd, Gnarwarre, and its expansive vista over Mt Buninyong, the Brisbane Ranges and the You Yangs. Farm stacks up in search for tax breaks They also leave behind the legacy of improved biodiversity and privacy after planting 3000 native trees along a gully and rejuvenating paddocks at their working cattle farm. HF Richardson, Newtown agent Matt Poustie is calling for expressions of interest in the premium lifestyle property by September 2. Price hopes are $4.3m to $4.6m. Mr Poustie said while the architect-designed modular home may have been erected quickly, much time had gone into selecting the perfect site to maximise its northerly aspect and protection from the prevailing winds. 'It's got a beautiful vista from the west all the way around to the east – it sits due north – and it sits very high on the knoll of a hill and you can't see any houses from there,' he said. 'You can see trees, paddocks, all the farms that are a way in the distance. It's gorgeous.' Floor-to-ceiling windows showcase the setting in the main bedroom suite and central open-plan living area that occupy the home's largest pavilion. The other wing is home to a second lounge, two minor bedrooms and a study, while a stand-alone self-contained studio caters for guests. Mr Poustie said modular designs of this quality didn't come cheap, but offered great longevity, particularly in exposed environments like farms or along the coast. Luxury prefabricated homes have become increasingly popular in bushfire prone areas like Wye River where steep sites present a challenge for traditional steel construction. 'They take on average, from design all the way through to build, is probably only a six-month journey depending on how many tweaks you make,' Mr Poustie said. 'Then they have to have the right day to install and from dropping it on site and finishing all the pluming and everything you are at lockup in something like two days. 'That means no water comes into the house, unlike the normal property which sits there and gets soaked … it's precision and it's controlled so they don't tend to make mistakes.' The new owners of the Gnarwarre property will also get to enjoy a salt chlorinated swimming pool and farm improvements, including extensive shedding and quality stock-proof fencing.
News.com.au
25-05-2025
- Business
- News.com.au
Buyers circle market garden as Geelong homes plan develops
Landbankers are sharpening their pencils as market gardeners prepare to sell a within Geelong's western growth corridor that they've owned more than 50 years. The Batesford farm, which has been used to grow vegetables has been listed for sale with price hopes between $2.2m and $2.4m. HF Richardson Newtown agents Tony Hyde and Matt Poustie are managing the expressions of interest campaign closing on June 2 to sell the property at 70 Bridge St, Batesford. Mr Hyde said investors keen to unlock the potential landbanking benefits of holding the property that partially fronts the Moorabool River are proving to be the bulk of the interest in the landholding that's up for sale for the first time in more than 54 years. He said the vendors turned to the agents to sell the property after being the subject of hot off-market interest from groups looking to speculate on the land within the western Geelong growth corridor. There has already been plenty of movement on properties across the northern and western growth areas. Mr Hyde said the property has already been rezoned for an urban growth zone and sits within the Batesford North precinct structure plan area. City of Greater Geelong planners are in the process of developing the precinct structure plan that will ultimately decide how it could be carved up, and rezoned for various uses, he said. 'Future development will happen for all that area that's positioned close to Geelong, Bannockburn and the Ring Road,' Mr Hyde said. 'It's got the upside of residential, probably a little bit of industrial, and because it's on the Moorabool River, it will lend itself to some parks, ovals, everything like that. 'It's an area that will be well sought after once the PSP is ratified,' Mr Hyde said. Landbankers would seek to hold the property, waiting for the final rezoning before on-selling it. 'They're has been a lot of interest in and around there as there's a lot of vacant farmland,' Mr Hyde said. 'They are long-time landholders. They have been inundated with people wanting to purchase the property. 'They've owned it for 54 years, they've run a successful market garden. They're growing vegetables so there hasn't been any interest from them to sell it up until now.' Mr Hyde said most of the potential buyers were around the higher end of the range, cognisant of the interest in the property. 'That's why it is for that land banker, because of that uncertainty of when it will be rezoned. 'But there are a lot of people in the market now, especially with the interest rate cuts.'
News.com.au
05-05-2025
- Business
- News.com.au
Mount Moriac: Future decided for entire mountain top sold near Geelong after 85 years
An entire western Victorian mountain top has changed hands as the historic farming property was offered for sale for the first time in 85 years. The nearly 500ha of land surrounds the top of Mount Moriac, a prominent peak reaching 251m above sea level west of Geelong. Mount Moriac is described as an inclined low cone, a volcanic eruption point that's part of a sequence of volcanic landforms that area spread across Victoria's Western District, making the land so fertile for agriculture. HF Richardson selling agent Matt Poustie said the property at 1200 Princes Highway had 'garnered an incredible amount of interest during the expressions of interest campaign which was not unexpected given the iconic nature of 'The Mount' and the rarity of such a large parcel of land so close to a major city'. 'The views from the top are unparalleled and that, coupled with the multiple titles on offer, were major selling points for the property,' Mr Poustie said. 'Buyer interest was predominantly Victorian based, with some high-level interstate interest from NSW ag investors also, he said. 'The property was sold as a whole to one buyer, a Melbourne-based entity looking to expand and diversify their property portfolio into an agricultural holding and as a long-term land banking play,' Mr Poustie said. Price expectations for the 485ha aggregation was around $16m to $18m when the property was listed last spring. Mr Poustie declined the comment on the final sale price, but industry sources suggest the upper end of the price estimate was achieved. The Champness family has owned the 'the mount' for four generations, having built the landholding since 1939 in the district where there's a popular pub on the highway, a recreation reserve and an memorial to artist Arthur Streeton, who was born in the area. 'When you're standing at the top of the mount, you can see everything – Torquay, Barwon Heads, Bellarine, Peninsula, Corio Bay, You Yangs Melbourne, Mount Elephant out to the northwest and Colac. You're a long way up.' The property has a 1940s era brick homestead on the property that Mr Poustie said has soul but needs renovation, plus a separate manager's cottage from a bygone era, a two-stand shearing shed, a machinery shed and other shedding.
