OFF MARKET

1279 Hexham-Chatsworth Road
Hexham VIC 3273

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Land area: 7010634m2
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Property Details for 1279 Hexham-Chatsworth Rd, Hexham

Building Type
Land
Land Size
7010634m2
Local Government
Moyne
Lot/Plan
2~11/PP2375

Last Listing description (November 2022)

CBRE Agribusiness is delighted to have been appointed to present 'Lime Creek' (the Property) for sale, a highly-productive mixed farming opportunity in the renowned Hexham Area within the Western Districts Region of Victoria, Australia.

The Western Districts Region is recognised as Victoria's premium cropping and livestock region due to its statistically proven reliability of rainfall, productive soil types, proximity to rural services and its iconic rural community. Rarely are properties of this calibre offered for sale within this region. The Property comprises approximately 711 hectares* (1,756 acres*) in one contiguous landholding, with 88% (626 hectares*; 1,547 acres*) classed as good quality arable area and is currently planted to Winter row crops.


A key feature is the broad range of enterprises the Property can support, with a proven history of having run livestock operations at approximately 18.0 Dry Sheep Equivalent (dse) per hectare and Winter row cropping operations in excess of 6.0 Wheat Tonne Equivalent (wte) per hectare. The Property has direct double-frontage to the Lime Creek with two very large dams plus 5 smaller dams to store water for either livestock, farming and/or domestic purposes. The Property comprises a broadscale water reticulation system with pressurised water troughs in all paddocks not directly serviced by catchment dams. Approximately 500* hectares (1,235 acres*) of arable land has been intensively developed for maximum productivity of Winter row cropping by having that area stone-picked, landformed with raised beds, deeply cultivated, strategically drained and with lime and gypsum incorporated where appropriate. The balance of the arable area is naturally well drained, stone picked and consistently highly productive.

The Property features excellent fencing, generous machinery shedding, significant grain storage facilities, large sheep yards plus an admirable shearing shed with undercover sheep housing. The Property also has an outstanding homestead and has bitumen road frontage with easy access to local townships.

The Property is located just 13 kilometres* north-west of Hexham and just 20 kilometres* west of Woorndoo, situated within both the broader Western Districts Region and the tighter Mortlake-Woorndoo Area of South-Western Victoria, Australia.

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 20 OCTOBER 2022 AT 4:00PM (AEDT)

Key features of the opportunity include:

Total land area 711 hectares* (1,756 acres*)
Total arable land area 626 hectares* (1,547 acres*) , approximately 88%
Sown to row crops in 2022 is 626 hectares* (1,547 acres*), comprising 194 hectares* Wheat plus 253 hectares* Canola plus 179 hectares* Faba Beans.
Target Cropping Rotation is: (Yr1) Faba Beans 25%; followed by (Yr2) Canola 25%; followed by (Yr3 & Yr4) Wheat 25% + 25%
Soils are predominantly red loam and red clay loam Chromosol top-soils over rich clay or mottled subsoils
Topography is generally very gently sloping (<2%) with predominantly easterly and westerly aspects leading towards Lime Creek
Cool Temperate Climate, characterised by cool-wet Winters and warm-dry Summers
Average Annual Rainfall of 664 millimetres* (Bureau of Meteorology Penshurst)
Rainfall Reliability Index of 77% (Bureau of Meteorology Penshurst)
On-site permanent grain storage of 150 tonnes plus field bins of 125 tonnes plus large area set up for bagged grain storage
Machinery sheds, workshops and general storage shed (325 sqm*) including vehicle hoist
Shearing shed with 3-stands plus undercover and outdoor sheep yards
Accommodation comprising one significant brick veneer 5-bedroom homestead with office and underground cellar
Stock and domestic water supplied to all paddocks via pressurised water from an on-site water storage dam

INFORMATION MEMORANDUM AVAILABLE UPON REQUEST

*Approximately

Property History for 1279 Hexham-Chatsworth Rd, Hexham, VIC 3273

A timeline of how this property has performed in the market
Last Sold
$8,338,978
11 Nov 2022
  • 11 Nov 2022
    Sold for $8,338,978
  • 08 Sep 2022
    Listed for Sale Expressions of Interest
  • 03 Dec 2019
    Transferred

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About Hexham 3273

The size of Hexham is approximately 223.1 square kilometres. It has 1 park covering nearly 2.4% of total area. The population of Hexham in 2011 was 123 people. By 2016 the population was 126 showing a population growth of 2.4% in the area during that time. The predominant age group in Hexham is 50-59 years. Households in Hexham are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Hexham work in a managers occupation. In 2011, 80.8% of the homes in Hexham were owner-occupied compared with 75% in 2016..

Hexham has 96 properties.

    There are currently 1 property listed for sale, and no properties listed for rent in Hexham on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Hexham.

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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.