Located just 4 km from Guyra on 390 prime grazing acres, 'Waterford' is aptly named. The sale of the property includes a licensed irrigation bore of 100 megalitres (WAL 40416) with a secure 5 x 5 year water lease which delivers a significant passive income stream.
'Waterford' is well fenced and subdivided into 10 main paddocks with a central laneway system linking paddocks to the cattle yards. The property has been strategically developed to maximise the level of beef weight gain and background steers to export feedlot weights. An annual turn off of approximately 200 head has been a consistent level of production.
The high level of water security for livestock is underpinned by the irrigation bore which feeds a large header tank for reticulation to concrete stock troughs. In addition there is a stock and domestic bore and numerous dams some of which are springfed.
The well established pasture base is principally a combination of Fescue, Rye, Phalaris and clovers with excellent ground cover. The fertile soils are a mix of heavy Black, Chocolate and Red basalt and have benefited from a high level of top dressing over the past 20 years.
The structural improvements include a large 8 bay steel Ranbuild shed with two enclosed lockable bays on a concrete floor with a tank plumbed for roof catchment. The cattle yards are a fixed steel panel design with a heavy duty vet crush included. The property offers internal gravel roads and reliable all weather access for B-double trucks.
The sale of 'Waterford' offers a unique opportunity to invest in a grazing property that has a proven high level of beef production plus a unique and guaranteed passive income stream which provides financial resilience for the asset.
