OFF MARKET

758 Kokoda Road
Katunga VIC 3640

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 2566716m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 758 Kokoda Rd, Katunga

Building Type
Land
Year Built
1990
Land Size
2566716m2
Local Government
Moira
Lot/Plan
1/LP63855

Last Listing description (December 2019)

Extensively improved property with ideal position, soil profile, and water security.
Many years of good farming practice and a healthy bottom line has seen this family business grow, accumulating neighboring properties, and milking up to 900 Holstein cows and producing up to 7 million litres. The property is currently finishing and growing outstanding fat cattle and producing quality fodder for various markets.
This property has three homes all on separate titles and favorable position.

The main home is a 3 bedroom brick home with an executive renovation including formal lounge and upstairs billiard room and renovation to the kitchen and bathroom.
The main home site has all the big machinery shedding close by, with a future replacement dairy planned (100 STAND ROTARY), permit in place, to be built inside the main shed.
The second home has bitumen road frontage, 4 bedroom modern living plan, situated on the south end of the property which has an underpass stock route for safe and efficient stock movement throughout. This property also features extensive grain storage and bunker facilities.
The third home is a 3 bedroom home original, but tidy in a lovely setting, established tree plantations and very good fencing and shedding designed to rear all young stock separately from the dairy herd.
The total irrigation system is very good with delivery via the main "channel 5", the area's main backbone channel.
Recycle systems recycles 100% of irrigation water with a total storage of approximately 20 megalitres. There are 3 separate ground water wells also assisting the irrigation. The combined licenses of 1500 megalitres can be interconnected with the channel water recycle catchment via a pipe and rise system (approx 200 Acres) sown to Lucerne and annuals or the well appointed channel system for fast and efficient irrigation. One area is irrigated via a centre pivot spray irrigation system (approx. 30 acres) sown to lucerne.
The dairy consists of a 50 stand rotary (Hargreaves) shed built in 1990 equipped, with a 40,000 Litre vat and alpha Laval milk plant, auto feed system and excellent on farm grain storage facilities.
A feature of the property is the farm layout and fixed fencing, built up laneways and underpass providing excellent milking platform and livestock movement throughout the property.
In summary, this is the best opportunity we have for beef fodder or dairy farm investors.
Position, soil type and water security - The vendors have sold the herd and are currently growing fodder and fattening cattle, but with a property with superb infrastructure as this you just need to bring the herd, press a button and start producing. The vendor is happy to lease back to a purchaser water at a very reasonable lease.

Property History for 758 Kokoda Rd, Katunga, VIC 3640

A timeline of how this property has performed in the market
  • 05 Jan 2018
    Listed for Sale $5,000,000
  • 11 Aug 2012
    Listed for Sale POA

Commute Calculator

About Katunga 3640

The size of Katunga is approximately 163.7 square kilometres. It has 1 park. The population of Katunga in 2011 was 1,135 people. By 2016 the population was 1,005 showing a population decline of 11.5% in the area during that time. The predominant age group in Katunga is 0-9 years. Households in Katunga are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Katunga work in a managers occupation. In 2011, 79.6% of the homes in Katunga were owner-occupied compared with 78.3% in 2016.

Katunga has 506 properties. Over the last 5 years, Houses in Katunga have seen a 55.04% increase in median value. As at 31 August 2024:

  • The median value for Houses in Katunga is $398,253 while the median value for Units is $318,413.
There are currently 2 properties listed for sale, and 1 property listed for rent in Katunga on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Katunga.

Suburb Insights for Katunga 3640

Market Insights
Katunga Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Katunga Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.