OFF MARKET

753 Sinclair Settlement Road
Drumborg VIC 3304

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2347000m2
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Last updated 16 Dec 2024
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Property Details for 753 Sinclair Settlement Rd, Drumborg

Building Type
Unknown
Land Size
2347000m2
Local Government
Glenelg
Lot/Plan
1/TP109461

Last Listing description (December 2024)

This property is a brilliantly presented holding. A versatile and well-established farming operation comprising prime fattening land of approximately 237.4 hectares (580 acres), this property comes with an additional and adjoining area of leasehold land available. Approximately 40% of this property is late country, providing ongoing green fodder until late Summer. Water supply is abundant, being located in a reliably high rainfall area, together with 9 dependable dams and water troughs to each of the 14 paddocks featured on the property and are serviced by 2 windmills and one electric pump. An extensive track system provides functionality and accessibility all year round and extensive plantations are well set out. In addition, a well designed drainage system provides for efficiency in regards to Winter water flow. All boundary fences are stock proof with the added convenience of access for heavy machinery. Each year some cropping is undertaken in Spring and pasture is in excellent condition, with a meticulous weed control program, facilitating the elimination and/or control of noxious weeds.
Extensive ground maintenance comprises an annual fertiliser program of super potash 3-in-1, 4-in-1 or 5-in-1 (except in 2021), together with application of additional treatments such as additional fertiliser, lime, Gypsum and Haybooster. Soil testing reveals ?Phosphorus levels are very high for a grazing property?.
The property features a shearing shed in good condition, currently featuring 2 stands, but with room for a third. Sheep yards are in good condition and, in June 2022, a machinery shed was erected, providing undercover holding for approximately 350 woolly sheep, in addition to the shearing shed, which will hold approximately 320 woolly sheep. Cattle yards are also a feature of the property and they are in good condition. Additional sheds include a hay shed, with a holding capacity of approximately 210 round bales and a smaller machinery shed of approximately 20ft x 40ft.

This exceptional property has an above-average earning capacity and is a property of such quality that is rarely seen on the sale market. This property is an opportunity not to be missed.
With too many features to mention, further, detailed information and Auction documentation is available by calling our office on 03 5523 2200.

AGENT CONTACTS:
Michael Goldby - 0409 527 029
Boyd Falconer - 0418 527 001

Property History for 753 Sinclair Settlement Rd, Drumborg, VIC 3304

A timeline of how this property has performed in the market
  • 06 Dec 2024
    Listed for Sale $5,000,000
  • 04 Apr 2024
    Listed for Sale Not Disclosed

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About Drumborg 3304

The size of Drumborg is approximately 232.9 square kilometres. It has 4 parks covering nearly 94.8% of total area. The population of Drumborg in 2011 was 312 people. By 2016 the population was 161 showing a population decline of 48.4% in the area during that time. The predominant age group in Drumborg is 10-19 years. Households in Drumborg are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Drumborg work in a managers occupation. In 2011, 82.2% of the homes in Drumborg were owner-occupied compared with 64.8% in 2016..

Drumborg has 99 properties. Over the last 5 years, Houses in Drumborg have seen a 67.32% increase in median value. As at 30 November 2024:

  • The median value for Houses in Drumborg is $542,082.
There are currently no properties listed for sale, and no properties listed for rent in Drumborg on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Drumborg.

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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.