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140 Springdale Road
Tarrawingee VIC 3678
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Sold on 27 Sep 2023

140 Springdale Road Tarrawingee VIC 3678

  • Rural / Farming
  • 80.94 ha
  • Sold, $1,200,000

200 acres at Tarrawingee with impressive views and subdivision potential just 24 kms to Beechworth

    Nestled amidst the picturesque landscape, just 20 kilometers southeast of Wangaratta and a mere 24 kilometers from the charming town of Beechworth, lies the 'Springdale' Property in Tarrawingeea rural environment that seamlessly combines the tranquility of country living with the promise of subdivision potential. With improvements and a focus on enhancing its agricultural capabilities, this 81-hectare (circa 200 acres) freehold estate beckons those seeking an idyllic lifestyle and investment opportunity.
    Over the past three years, the dedicated vendor has undertaken a comprehensive development program, paving the way for a more productive and fertile land. A concerted effort has been made to nurture soil health, optimising the arable areas for agriculture. The strategic approach has involved a two-year crop rotation followed by re-pasturing. Notably, in the summer of 2020, the land was sown with a carefully selected mix of millet, chicory, plantain, and brassicas, showcasing the commitment to diversifying agricultural potential.
    In 2021, canola was sown, yielding an impressive 2 tons per hectare crop. The following autumn of 2022 saw the incorporation of essential elements such as fertilizers, lime, and trash through disc ploughing, bolstering soil structure. Currently, the land is sown with wheat, underscoring the ongoing efforts to enhance productivity. These measures, coupled with rigorous weed control, have led to a significant upswing in expected productivity.
    Situated across two crown allotments, this property boasts an impressive 92% arable land, rendering it an appealing prospect for subdivision. Its gently rising terrain offers sweeping vistas of the surrounding mountainous terrain, including the breathtaking sight of four snow-capped peaks in the alpine region. While there is currently no dwelling on the property, it presents numerous prime sites for the construction of a dream home, each offering its own spectacular views.
    The two allotments are bounded by an unmade road reserve, adding additional acres for strip grazing. Ensuring the property's security, it is well-fenced with electric add-ons. Infrastructure includes a substantial shed complex with three open bays (3.14m, 3.2m, 3.25m width, 7.5m depth) and three closed roller door bays (2.6m width, 7.5m depth), one of which features a lockable section with a concrete floor, a person access door, and a well-appointed electrical system with indoor and outdoor lighting, including floodlights and fluorescent fixtures.
    With an annual rainfall of approximately 712mm, the property is well-prepared for livestock needs, boasting three farm dams for stock water. Additionally, a new bore, extending to 252 meters with a water level at 114 meters, has been installed, with power supply brought to the site it is ready to be equipped if needed.
    For those eager to explore the opportunities and embrace the lifestyle offered by "Springdale" at 140 Springdale Road, Tarrawingee, please contact the selling agent Elders Real Estate in Wangaratta or, Michael Everard, at 0408 653 161. This remarkable property is your canvas to create the rural paradise of your dreams, backed by thoughtful development and promising subdivision potential.

    Property Highlights

    Date Sold27 Sep 2023
    Sold Price$1,200,000
    Floor AreaAsk Agent
    Land Area80.94 ha
    ParkingAsk Agent
    Property ID2018620163
    Category
    Last updated  18 Oct 2023
    Map for 140 Springdale Road Tarrawingee VIC 3678

    Property Highlights

    Date Sold27 Sep 2023
    Sold Price$1,200,000
    Floor AreaAsk Agent
    Land Area80.94 ha
    ParkingAsk Agent
    Property ID2018620163
    Category
    Last updated  18 Oct 2023

    Co-Agents

    Michael Everard
    Elders Real Estate Wangaratta
    Call
    0408 653 161
    Dave Colvin
    Elders Real Estate Wangaratta
    Call
    0407 500 239

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