Catani (Pakenham/Koo Wee Rup District)
A unique opportunity to secure this rural property, being offered for the first time in over 55 years!
This renowned country is suitable for a variety of agricultural pursuits with its rich loam soil, including cattle grazing and cropping. Having a total of 59.5HA (147 acres approx.) and two road frontages, the property comprises two (2) titles.
On offer:
Lot 1 - Situated on a 2.8 acre (approx.) parcel, the brick home has four (4) large bedrooms plus a study, thus providing lots of room for the whole family. Features include a sunken lounge, a large walk-in pantry, an oversized double garage and views to the nearby hills. The home needs a lot of work, but there is plenty of opportunity to reap the rewards of your labour! The lot also contains a machinery shed, a disused dairy and a holding yard.
Lot 2 - The amazing land is divided into numerous paddocks with adequate fencing and a hay shed. Two (2) disused bores that have not been operational for some time may provide future opportunity (subject to any required works licence). The land is currently leased to local cattle farmers.
A water licence to pump from the Yallock drain provides a great water source for your pursuits.
The property offers easy access to the nearby townships of Koo Wee Rup (17kms approx.) and Pakenham (27kms approx.) with shopping, transport, schools and other amenities.
Properties like this are highly sought after but rarely offered. With so many options to either keep the whole farm or separate and sell individually the chance to secure it is now.
Call Sam Paynter on 0439 429 110 to arrange your private inspection or for further information.
Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours. Therefore confirmation of all opens with the listing agent within 24 hours of their scheduled opening is advised.
The size of Catani is approximately 32.8 square kilometres. The population of Catani in 2011 was 263 people. By 2016 the population was 285 showing a population growth of 8.4% in the area during that time. The predominant age group in Catani is 50-59 years. Households in Catani are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Catani work in a managers occupation. In 2011, 78.1% of the homes in Catani were owner-occupied compared with 85.8% in 2016..
Catani has 153 properties. Over the last 5 years, Houses in Catani have seen a 32.45% increase in median value, while Units have seen a -34.80% decrease. As at 31 July 2024:
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