424 Acres – 171 Hectares
This property offers a great opportunity to buy a healthy grazing block, with good improvements and the big advantage of a ready-made passive income for the next 10 years from an established blue gum plantation.
The property features a comfortable four bedroom home, recently renovated and updated, together with excellent shedding, including two lockup machinery sheds (12x6m and 18x9m), a hay shed, and former dairy building with concrete cattle-yards. Secure water supply courtesy of constant flowing springs.
The land is well sheltered, healthy grazing country suitable for grazing beef cattle or dairy heifers, with a versatile blend of early and later maturing soil types. Approximately 90 acres is leased and currently supporting a well- established blue gum plantation which will provide more than $20,000 per annum income for approximately 10 years to come. Ideal country for dairy out-paddock purposes or beef enterprises, capable of running a significant number of cattle and cutting hay or silage. Located 17km from Cobden and 34km from Colac.
