Phone enquiries - please quote property ID 23707.
This is a unique property fully permitted for the seven dwellings with flexibility for either commercial or private use. Situated on the northern-most slopes of the Otway Ranges overlooking Pennyroyal Valley
* 10 mins from Deans Marsh
The property consists:-
* 200 acres
* 35 acres semi-cleared containing all infrastructure
* 165 acres native bush
* Spring-fed freshwater creek flowing diagonally across property through rainforest environment with a licence for extraction of 1 megalitre pa (1,000,000 litres)
* Agricultural Licence
* 400,000 litre capacity for rainwater in storage tanks
* 3 dams
* 6 cottages accommodating up to 35 guests
* Multi-functional Hall - for functions or dormitory accommodation up to 8 guests
* House/Dwelling - 3 bedrooms for owners or managers
* Campgrounds accommodating up to 40 guests
* In-ground salt-water chlorinated swimming pool, 60,000 litres
* Playground
* Games Room: table tennis, fuse-ball, air hockey
* Games Court: cricket, badminton, bocce
* Main shed 120sqm inc Cool room
* Wood/work sheds: 8 @ 12sqm
* Linen storage area 12sqm
Major equipment includes:
* 54kva diesel generator (ample back-up power for entire property)
* Kubota Tractor
* Hilux Ute 2007 with half tray, cabinets and hydraulic tail gate
* Great Wall 2010 SUV
* Wood splitter
* John Deere 4wd ride-on mower
* Compressor
* Timber Saw
* 6 water pumps
* Brush-cutter
* Chainsaw
* 700 litre diesel tank with bowser
The business known as King Parrot Cottages & Event Centre
Business financial details available upon request.
Solid forward bookings for 2020.
This is the ultimate lifestyle property with a business and income. Your expressions of interest or any questions are welcome.
Inspections will be by appointment.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
The size of Pennyroyal is approximately 30.1 square kilometres. There are 2 parks, covering nearly 55.7% of the total area. The population of Pennyroyal in 2016 was 86 people. By 2021 the population was 110 showing a population growth of 27.9% in the area during that time. The predominant age group in Pennyroyal is 40-49 years. Households in Pennyroyal are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Pennyroyal work in a professional occupation.In 2021, 97.30% of the homes in Pennyroyal were owner-occupied compared with 72.80% in 2016.
Pennyroyal has 96 properties. Over the last 5 years, Houses in Pennyroyal have seen a 96.62% increase in median value, while Units have seen a 1.23% increase. As at 30 June 2026:
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