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:
- 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
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:
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