347 Mckenzie RoadGlen Forbes VIC 3990
Property Details for 347 Mckenzie Rd, Glen Forbes
Last Listing description (August 2023)
Arboriculture consultant, landscape designer and nurseryman Nicholas Rivett has after establishing and selling 3 previous nurseries, working and consulting in horticulture and landscape design since 1969 is looking to move on to a new challenge. Consequently he is offering the Nursery on walk in walk out basis to the next generation.
Nicholas has a national AIH award for his UWS, 5 level, 1 acre sky park and garden in Melbourne CBD, which he designed and supplied trees of up to 35 years of age. The nursery production process strives for "Naturally perfect root system" as a result of the best horticultural practice.
The nursery was established in the green filed site in 2002 on the 31.43 Ha property. Now some 11 Ha under 6 nursery growing area and split propagation area. There is plenty of scope for increasing the size of the areas. The nursery is run by Nicholas and his wife Alison and a newly appointed production manager ad seasonal contract staff when required.
The Nursery propagates trees by direct seeding and stuck cuttings to ensure a naturally perfect root system. All pots are special air root pruning pots and special potting mix that is blended and produced on site. Propagation mixes are supplied by leading potting mix blender mainly for hygiene and weed management.
The Nursery business comprise of three client types, large production nurseries for which special large volume lines are produced under contract agreement on an annual basis. Large trees from 20 to 2000lt are supplied to plant brokers, specialist nurseries, architects, landscape architects and the landscape trade. Retail nurseries purchase the small range of trees generally on the 12 to 100lt sizes.
The business, assets, machinery, tools, equipment and raw materials are offered for sale on a going concern basis with all unallocated and contract stock. The value of the tree and raw materials will be determined at the time of sale on an at value price. A discount will be offered on the value to enable a return on the investment in stock.
Property History for 347 Mckenzie Rd, Glen Forbes, VIC 3990
- 06 Jan 2021Listed for Sale $8,300,500
- 10 Dec 2001Sold for $330,000
- 23 Dec 1999Sold for $116,700
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About Glen Forbes 3990
The size of Glen Forbes is approximately 25.8 square kilometres. It has 1 park covering nearly 15.1% of total area. The population of Glen Forbes in 2011 was 368 people. By 2016 the population was 102 showing a population decline of 72.3% in the area during that time. The predominant age group in Glen Forbes is 50-59 years. Households in Glen Forbes are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Glen Forbes work in a managers occupation. In 2011, 80.5% of the homes in Glen Forbes were owner-occupied compared with 74.5% in 2016..
Glen Forbes has 78 properties. Over the last 5 years, Units in Glen Forbes have seen a 158.93% increase in median value. As at 31 October 2024:
- The median value for Houses in Glen Forbes is $1,454,797 while the median value for Units is $462,167.
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