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Princes Highway Drik Drik VIC 3304

  • Rural / Farming
  • 60.91 ha
  • For sale, $1,000,000

Tremendous Southern Grazing Block with Additional Income Potential

    Drik Drik
    60.90ha 150.5ac

    * Excellent parcel of late country ideal for cattle/ prime lambs
    * Commercial Lime Pit of approx 12.5 ac / 5 ha (5m depth) with existing Work Authority Permit. Princes
    Hwy frontage with dedicated turning bay
    * Magnificent homesites with outstanding views to the north and west
    * Well balanced with mix of tableland and heavy flats
    * Give and take access to the Glenaulin Creek
    * Timber and steel cattle yards with crush

    Further Details:

    It's all about location with this one. Centrally located between Heywood and Mt Gambier combines high rainfall late season land and a commercial lime pit with excellent access to Australia's no.1 road should see a range of interested parties including existing farming operators, first time entrants and lime suppliers looking for an additional source of supply.

    With a solid pasture base and give and take access to the Glenaulin creek, the property offers cattle fatteners or prime lamb producers an ideal 'late block' to support existing operations or as a standalone parcel.

    With limited development since first opened up, the current level of extraction from the lime pit has only just scratched the surface. An estimated 15ac of land to a depth of 5m is expected to yield around 300,000t of lime of which less than 5% has been mined. With a dedicated turning lane from the Princes Hwy the lime pit is ready for development of a commercial operation.

    Andrew Dufty
    Charles Stewart Western Victoria Hamilton
    Andrew Dufty
    Charles Stewart Western Victoria Hamilton

    Property Highlights

    Property ID2017020263
    Floor AreaAsk Agent
    Land Area60.91 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  15 Jul 2021
    Map for Princes Highway Drik Drik VIC 3304
    Map for Princes Highway Drik Drik VIC 3304Princes Highway Drik Drik VIC 3304
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Andrew Dufty
    Charles Stewart Western Victoria Hamilton
    Andrew Dufty
    Charles Stewart Western Victoria Hamilton

    Property Highlights

    Property ID2017020263
    Floor AreaAsk Agent
    Land Area60.91 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  15 Jul 2021
    Charles Stewart Western Victoria Hamilton
    44 Gray Street Hamilton VIC 3300
    Andrew Dufty
    Charles Stewart Western Victoria Hamilton
    Andrew Dufty
    Charles Stewart Western Victoria Hamilton

    Ask Andrew Dufty about this property

    Andrew Dufty

    Andrew Dufty

    Charles Stewart Western Victoria Hamilton

    0419 *** ***
    0419842929

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