OFF MARKET

711 Mokanger Road
Cavendish VIC 3314

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11259603m2
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Property Details for 711 Mokanger Rd, Cavendish

Building Type
Rural
Land Size
11259603m2
Local Government
Southern Grampians
Lot/Plan
1/TP61019

Last Listing description (October 2023)

CBRE Agribusiness is pleased to present for sale Mokanger and Lewana, a highly productive grazing enterprise located in the Western District of Victoria.

Positioned six lineal kilometres from one another, Mokanger and Lewana carry an outstanding Merino flock, with the predominant enterprise activity being superfine wool production (16 to 17 microns), along with prime lambs and agistment cattle as seasons permit.


Key features of the opportunity include:

MOKANGER (711 Mokanger Road, Cavendish 3314)

- A 1,089* hectare grazing property (plus an 82* hectare grazing licence) with extensive frontage to the Wannon River and a backdrop set against the Grampians.

- Outstanding structural improvements, including the stunning Mokanger Homestead and a well-appointed manager's residence.

- Exceptional operational infrastructure, including a four-stand shearing shed with undercover yards (1,000* sheep capacity) and numerous storage / machinery / hay sheds.

- Improved pastures, high quality fencing, outstanding stock water infrastructure and a regimented fertiliser history.

LEWANA (1430 Dunkeld-Cavendish Road, Karabeal 3294)

- A 498* hectare grazing property comprising improved pastures, excellent stock water infrastructure, high quality fencing and a regimented fertiliser history.

- Excellent structural improvements and infrastructure, including a cottage, three-stand shearing shed, machinery shed, storage shed and recently upgraded cattle yards.

Mokanger and Lewana have a carrying capacity of approximately 16 DSE** per hectare (or a combined 25,000* DSE), and current livestock numbers include more than 5,000* Merino ewes joined to Merino rams, over 3,200* Merino ewes joined to terminal sires, approximately 1,700 Merino wethers and approximately 5,200 mixed-sex Merino lambs.

Mokanger and Lewana are being offered for sale in one line or as separate properties, including livestock, plant and equipment and feed on hand.


*Approximately
**Dry Sheep Equivalent

Property History for 711 Mokanger Rd, Cavendish, VIC 3314

A timeline of how this property has performed in the market
Last Transferred
03 Aug 2020
  • 03 Aug 2020
    Transferred
  • 07 Jan 2019
    Listed for Sale by Expression of Interest
  • 29 Aug 2018
    Sold for $8,750,000
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About Cavendish 3314

The size of Cavendish is approximately 292.5 square kilometres. It has 1 park. The population of Cavendish in 2011 was 377 people. By 2016 the population was 335 showing a population decline of 11.1% in the area during that time. The predominant age group in Cavendish is 60-69 years. Households in Cavendish are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cavendish work in a managers occupation. In 2011, 76.6% of the homes in Cavendish were owner-occupied compared with 83.3% in 2016..

Cavendish has 258 properties. Over the last 5 years, Houses in Cavendish have seen a 119.22% increase in median value. As at 31 October 2024:

  • The median value for Houses in Cavendish is $353,701 while the median value for Units is $316,553.
There are currently 3 properties listed for sale, and no properties listed for rent in Cavendish on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Cavendish.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.