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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

Property Highlights

Date Sold15 Jul 2022
Floor Area3,730,000 m²
Land Area372.54 ha
ParkingOn site parking available
Property ID2017768119
Category
Last updated  15 Jul 2022
Map for 840 Labertouche North Road Labertouche VIC 3816

Property Highlights

Date Sold15 Jul 2022
Floor Area3,730,000 m²
Land Area372.54 ha
ParkingOn site parking available
Property ID2017768119
Category
Last updated  15 Jul 2022

Co-Agents

James Auty
James Auty
CBRE Agribusiness
Call
+61 407 053 367

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