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840 Labertouche North Road
Labertouche VIC 3816
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Sold on 15 Jul 2022

840 Labertouche North Road Labertouche VIC 3816

  • Rural / Farming
  • 372.54 ha
  • Sold

'Pine Hill' - A Large-Scale Dairy Enterprise with Value Adding Potential

  • Total land size of 372.54 Ha*
  • Three individual properties
  • Soils are predominately sandy loam

On behalf of Shannon Group, CBRE are delighted to bring the 'Pine Hill' aggregation, a prestigious rural asset, to the market for genuine sale. Properties of this scale, presentation and current operational condition, rarely become available. A full Information Memorandum and data room access is available upon request.

With a total land size of 372.54 Ha* (920.57 Ac*), the 'Pine Hill' aggregation includes three individual properties known as:

'Pine Hill' - 177.96 Ha* (439.75 Ac*) with all dairy infrastructure and one residence
'Eastern Portion' - 189.80 Ha* (469.01 Ac*) an additional dairy platform with fodder production
'Alcorn Road' - 4.78 Ha* (11.81 Ac*) inclusive of prestigious residence and stunning setting

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 8 JUNE 2022 AT 4:00PM (AEST)

Key features of the opportunity include:

- Arable land area of 361 Ha* (892 Ac*) 97%*
- Soils are predominately sandy loam to the undulating areas, transitioning to a heavier black loam with alluvial qualities
- Topography is generally sloping to slightly undulating throughout
- A rotational pasture program inclusive of rye and clover grasses and crops including turnips, chicory, millet and plantain
- Extensive fertiliser program with regular applications of lime, chook manure and compost plus a monthly spread of effluent
- Outstanding and modern farming infrastructure plus two substantial residences
- An average annual rainfall of 1,000 mm* supported by multiple water supplies such as mains water, bore water, irrigation water and catchment dams
- Situated in a picturesque West Gippsland district, bordered by the Bunyip State Park on the northern and eastern boundaries, an area suited to a potential urban-growth land banking investment

Structural improvements include:

- First-class Westfalia 50-stand rotary dairy with 2 x 10,000 litre vats Built in 2007
- Supporting dairy infrastructure includes calf shed, feed pad, loafing area, machinery shed, hay sheds, workshop, vet area, office, lunchroom, plant/pump room, garden supply bays, grain and water storages plus 2 x silage pits
- 'Pine Hill' includes the main farmhouse inclusive of 3-4 bedrooms, 2-bathrooms and separate living spaces
- 'Alcorn Road' features a beautifully maintained 'weekender' type property with modern residence, expansive American barn and stunning landscaped gardens

EXPRESSION OF INTEREST

Closing date and time08/06/2022 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent
CBRE Agribusiness
CBRE Agribusiness
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold15 Jul 2022
Floor Area3,730,000 m²
Land Area372.54 ha
ParkingOn site parking available
Property ID2017768119
Category
Last updated  16 Jul 2022
Map for 840 Labertouche North Road Labertouche VIC 3816
CBRE Agribusiness
CBRE Agribusiness
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold15 Jul 2022
Floor Area3,730,000 m²
Land Area372.54 ha
ParkingOn site parking available
Property ID2017768119
Category
Last updated  16 Jul 2022

Co-Agents

Matt Childs
Matt Childs
CBRE Agribusiness
Call
+61 418 512 494
James Auty
James Auty
CBRE Agribusiness
Call
+61 407 053 367

More about 840 Labertouche North Road Labertouche VIC 3816

840 Labertouche North Road Labertouche VIC 3816 is categorized as Rural & Farming. It has a floor area of 3,730,000 m² and a land area of 372.54 ha. The listing ID for this property is 2017768119.

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