Binnawee is a 100 hectare (250 acre) property representing an idyllic Otway paradise.
The Binnawee Co-op consists of 6 different shareholdings, each with an exclusive right to the use of a particular residence. This particular shareholding is 14% and offers a 3 bedroom cottage with a new corrugated iron roof and guttering and newly remodeled bathroom.
The property is just 4 km from Apollo Bay township. Walk to the beach, hike the hills, fish or wander along the Wild Dog Creek which meanders through this magnificent land. This is an opportunity to own a slice of this exclusive landholding, steeped in local history, for a fraction of its total price. Play farmer, watch the birds, explore fern clad valleys, plant trees, harvest food, play tennis, all on your property, with only 14% responsibility for expenses and work shared in a similar way to strata title ownership and no stamp duty!
Inside Rosella Cottage is a slow combustion heater, the study/bedroom has a lead light bay window and sliding glass doors opening onto a deck overlooking the tennis court, Wild Dog Creek and adjacent hills.
Your 14% share of rates, insurance, utilities, farm and maintenance expenses is currently $3050 pa. There are 8 weekend working bees per year and 4 directors’ meetings.