Situated approx a 10 minute drive from the Bass Highway via Myalla on the picturesque North West Coast finds this Diverse Farming opportunity. Well known "Black Ridge Farm" is 217 acres of rich red volcanic soil consisting of approx 160 acres of Grazing or Cropping land and the balance Temperate Rainforest. Excellent water supply with permanent Boradale Creek running through the property, several small dams, Bore with quality drinking water, plus located in the high rainfall corridor at Milabena where 60" per annum is not uncommon.The 4 bedroom homestead built in 1905 is quite comfortable and features Baltic Pine ceilings, polished floors and has postcard views from every window. The panorama extends from Bass Strait to snow capped peaks at Cradle Mountain and beyond.Outbuildings include a recently built 18m x 9m shearing shed, old dairy + stable and chicken shed. Currently the owners have invested lots into new fencing and are running free range grass fed Lamb, Pork and Chevron (Boer Goat) for boutique local market. This is an attractive proposition and will suit a range of farming opportunities, such as Cropping, Beef, Dairy or continue to successfully produce quality grass fed animals for this niche market.
The size of Milabena is approximately 44.5 square kilometres. It has 3 parks covering nearly 55.1% of total area. The population of Milabena in 2011 was 290 people. By 2016 the population was 87 showing a population decline of 70.0% in the area during that time. The predominant age group in Milabena is 50-59 years. Households in Milabena are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Milabena work in a professional occupation. In 2011, 84.1% of the homes in Milabena were owner-occupied compared with 82.4% in 2016..
Milabena has 47 properties. Over the last 5 years, Houses in Milabena have seen a 134.31% increase in median value. As at 30 September 2024:
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