OFF MARKET

119 Gores Road
Ecklin South VIC 3265

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9670000m2
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Property Details for 119 Gores Rd, Ecklin South

Building Type
Rural
Land Size
9670000m2
Local Government
Corangamite
Lot/Plan
2/PS409442

Last Listing description (October 2024)

LAWD and Elders are pleased to present for sale Karrara Aggregation (the Aggregation), a versatile mixed farming platform currently utilised for the breeding and fattening of cattle, with flexibility for a conversation to a variety of agricultural uses, situated within the renowned Western District of Victoria.

Key Investment Highlights

- Area: The Aggregation includes two properties:

Karrara Farms: 558.72* hectares (1,381* acres)
Acacia Downs: 408.51* hectares (1,009* acres)
Total: 967.23* hectares (2,390* acres)

- Scale: Operational scale of 20,000* dry sheep equivalents (DSE) with future development and expansion potential of livestock / dairy operations.
- Flexibility of Enterprise: Multi-enterprise opportunity suited to a broad range of agricultural purposes such as dairy, beef or sheep.
- Capital Expenditure (CAPEX): Significant CAPEX programs have focused on lime, gypsum, water systems, drainage, perennial pasture development, infrastructure and fencing/laneways network.
- Topography: Gently rolling arable land suitable to a variety of agricultural uses.
- Soils: Highly fertile soils comprising predominantly basalt over clay with excellent Olsen P and overall nutrient levels.
- Pastures: Established perennial and annual pastures have been established to suit soil types, rainfall and current livestock operations.
- Water: Reliably sourced from six bores which supplies water to troughs located throughout.
- Accommodation: Six residences of which have undergone recent renovations.
- Improvements: Fit-for-purpose operational improvements to support the livestock enterprises with two 50-unit rotary dairies, newly constructed undercover yards complex, sheep yards, raised board shearing shed, workshop and substantial grain storage.
- Location: Located within the premier dairy region of South West Victoria, 30* minutes from Warrnambool.

The Aggregation is being offered for sale (in-one-line or as separate assets) by Expression of Interest closing 12pm (AEST) on Thursday 6 June 2024.

*approximately

Property History for 119 Gores Rd, Ecklin South, VIC 3265

A timeline of how this property has performed in the market
Last Sold
$1,700,470
13 Aug 2016
  • 17 May 2024
    Listed for Sale EOI
  • 01 Jun 2021
    Listed for Sale Expressions of Interest
  • 13 Aug 2016
    Sold for $1,700,470
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About Ecklin South 3265

The size of Ecklin South is approximately 83.1 square kilometres. The population of Ecklin South in 2011 was 266 people. By 2016 the population was 175 showing a population decline of 34.2% in the area during that time. The predominant age group in Ecklin South is 50-59 years. Households in Ecklin South are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Ecklin South work in a managers occupation. In 2011, 76.3% of the homes in Ecklin South were owner-occupied compared with 67.2% in 2016..

Ecklin South has 96 properties. Over the last 5 years, Houses in Ecklin South have seen a 30.48% increase in median value. As at 31 October 2024:

  • The median value for Houses in Ecklin South is $683,112.
There are currently 3 properties listed for sale, and no properties listed for rent in Ecklin south on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Ecklin south.

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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.