530 Olivers RoadNicholson VIC 3882
Property Details for 530 Olivers Rd, Nicholson
Last Listing description (July 2024)
Situated just a 3 minute drive from the Nicholson General Store & Post Office, Nicholson Hotel, Nicholson River and boat ramp, this property makes for a rare opportunity to buy into the tightly held semi-rural area. Offered for the first time in decades, it includes a four-bedroom ranch style home with solar panels to grid, one bedroom self-contained flat, 4 car garage with double carport attached and an industrial size shed, hayshed & stock yards.
Enjoy Gippsland Lakes views from the living areas, verandah and gardens. Pick some fruit from the extensive orchard and grow your own vegies as well. There is even a disused tennis court that could be converted for a variety of uses with its fenced level area. The self-contained flat would be ideal for the extended family or even run as a Bed and Breakfast, it even has its own cellar!
And then there is the enormous shed for all tradespeople, tinkerers and car enthusiasts with its concrete floor, benches and a swing arm gantry for some serious lifting and workshop repairs. A set of stock yards is nearby. The land is situated on a corner having two road frontages which makes it versatile. Water is no problem with two dams, plenty of rainwater tank storage plus town water as well.
This versatile property has plenty of upside. With all its infrastructure it is priced well below replacement cost as the main home is in original condition so it will appeal to those looking to add value by installing new floor coverings and window furnishings, update the kitchen and bathrooms, repaint and general maintenance. Earn income from the flat from either permanent or short term stay rental, establish a hobby farm or run a small business from the main industrial size shed (STCA). For inspection contact Dennis van Reyk on 0409 524 780 at VAN REYK REAL ESTATE BAIRNSDALE.
Property Code: 66
Property History for 530 Olivers Rd, Nicholson, VIC 3882
- 29 May 2024Sold for $970,000
- 13 Dec 2023Listed for Sale $1,000,000
- 01 Nov 1986Sold for $167,500
Recent sales nearby
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0About Nicholson 3882
The size of Nicholson is approximately 70.0 square kilometres. The population of Nicholson in 2016 was 1095 people. By 2021 the population was 1322 showing a population growth of 20.7% in the area during that time. The predominant age group in Nicholson is 60-69 years. Households in Nicholson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nicholson work in a trades occupation.In 2021, 89.50% of the homes in Nicholson were owner-occupied compared with 85.90% in 2016.
Nicholson has 889 properties. Over the last 5 years, Houses in Nicholson have seen a 4.14% increase in median value. As at 28 February 2026:
- The median value for Houses in Nicholson is $656,556 while the median value for Units is $374,383.
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