Opportunity to secure a large scale breeding property or perhaps a dairy conversion opportunity at Montagu in Tasmania's far North-West. The property has been extensively developed to such a state it is currently running 600 Angus Breeders and calves on the 1260 acres. Improvements include a gravelled all weather access road through the property which is sub divided into 50 paddocks, irrigation has been installed in the form of a 200 acre centre pivot with water sourced from an underground bore tested at 36000 gallons per hour. The Montagu River forms the Western boundary of the farm. With the Greenhams abattoir located in nearby Smithton producing the famous Cape Grim brand beef we are sure there will be strong competition for the progeny of the Angus cows or on the other hand the opening of Smithton's milk powder factory (Tas Dairy Products) the opportunity exists to convert to milk production which has a very bright future.
The size of Montagu is approximately 77.3 square kilometres. It has 2 parks covering nearly 30.5% of total area. The population of Montagu in 2011 was 328 people. By 2016 the population was 85 showing a population decline of 74.1% in the area during that time. The predominant age group in Montagu is 10-19 years. Households in Montagu are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montagu work in a managers occupation. In 2011, 70% of the homes in Montagu were owner-occupied compared with 61.8% in 2016..
Montagu has 58 properties. Over the last 5 years, Houses in Montagu have seen a 97.27% increase in median value. As at 30 September 2024:
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