OFF MARKET

600 Ross Road
Kaarimba VIC 3635

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3217256m2
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Property Details for 600 Ross Rd, Kaarimba

Building Type
Commercial
Land Size
3217256m2
Local Government
Moira
Lot/Plan
11~C/PP2814

Last Listing description (October 2023)

Bankside is a most desirable parcel of land comprising 4 titles and to be offered in 2 separate lots of mostly Murray Pine country and more recently having been utilized as a cropping enterprise.
The soil type is generally fine sandy loam with open and arable areas currently enhanced via a professionally supported cropping program and with crops successfully continuing to be high performing with exceptional yields, including over the past 3 years.
Situated in the well held district known as Kaarimba, Bankside has been farmed by just two families since original settlement in 1874 and hence offers unbound potential for farming advancement.

The property has the benefit of access to irrigation water with a service point in place (GM Water - Goulburn system). 1.070 delivery shares are attached to the property with 2 ML of HRW share given in with the sale providing S&D security to the property. The upside to this outstanding soil type is a further opportunity to create irrigation connection and the farm is ideal for a center pivot development.
The original home site off Ross Road is surrounded by improvements including steel cattle yards, machinery loading ramp, machinery shed and hay shed with two silo's given in with the sale. There is also an existing original shearing shed.
The original old home site area with improvements, has power connected to a shed and offers an engaging potential home build environment, if you wished to rebuild on farm (STCA).
There are options for further power access with some infrastructure in place on the second original homesite.
The property will be offered for sale in two separate lots with Lot 1 comprising 259ha/640 acres (3 titles) with three road frontages and Lot 2 63ha/155acres (1 title) with two road frontages and directly opposite Lot 1.
This location is central to Shepparton, Nathalia and Numurkah. The property has the benefit of three road frontages with the bitumen road frontage of Walsh's Bridge South Road, 20 minutes travel from Shepparton and being positioned n the Moira Council Region.
We highly recommend this opportunity to foremost broadacre cropping but also for lucerne cropping or alternatively cattle/dry stocking and sheep breeding enthusiasts.
Auction to be held at Wunghnu Bowling Club on Friday February 24th @ 11am.

Property History for 600 Ross Rd, Kaarimba, VIC 3635

A timeline of how this property has performed in the market
Last Sold
$860,000
14 Mar 2023
  • 31 Aug 2023
    Listed for Sale AUCTION Friday 24th Feb @ 11am
  • 14 Mar 2023
    Sold for $860,000

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About Kaarimba 3635

The size of Kaarimba is approximately 95.5 square kilometres. It has 2 parks covering nearly 4.4% of total area. The population of Kaarimba in 2011 was 97 people. By 2016 the population was 62 showing a population decline of 36.1% in the area during that time. The predominant age group in Kaarimba is 20-29 years. Households in Kaarimba are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Kaarimba work in a managers occupation. In 2011, 71.4% of the homes in Kaarimba were owner-occupied compared with 76.4% in 2016..

Kaarimba has 79 properties. Over the last 5 years, Houses in Kaarimba have seen a 39.98% increase in median value. As at 31 October 2024:

  • The median value for Houses in Kaarimba is $643,238.
There are currently 1 property listed for sale, and no properties listed for rent in Kaarimba on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Kaarimba.

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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.