OFF MARKET

3114 Casterton-Penola Road
Lake Mundi VIC 3312

Bedrooms: -
Bathrooms: 1
Car spaces: 3
Land area: 6170053m2
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Property Details for 3114 Casterton-Penola Rd, Lake Mundi

Building Type
Rural
Land Size
6170053m2
Local Government
Glenelg
Lot/Plan
48/PP3251

Last Listing description (March 2013)

Large Scale Irrigated Lucerne Facility Plus Stock Fattening
For Genuine Sale
Lucerne - Fattening - Feedlot - Cropping

Land Size: 615ha - 1,522ac
Lucerne:
This dynamic productive property offers a secure farming future from its current highly successful Lucerne operation.
Fattening:
In addition the property fattens large numbers of stock grazing on sown Millet and Lucerne.
Improvements & Value Adding Practical structural improvements inc:
Comfortable 3 bedroom home, Large machinery shed, Large hay shed (600 Tonne), 4 Centre Pivot Irrigators with bore, 1,400 Megalitre Water Licence, Quality fencing
1428 meg irrigation 4 centre pivots (around 500 acres) plus approximately 165 acres of laser levelled flood irrigation. A property with huge potential for increased production with the recently established Lucerne stands and the initiation of a cropping programme. Heavy productive clay soil types. Good improvements with 3 bedroom home, large steel cattle yards, hay shed, machinery shed and good stock water system. Well fenced with over 30 main paddocks re-fenced to upgrade the cropping potential. Great potential for summer fattening or cropping and fodder production.
Land Use Grazing, Cropping, Horticulture, Irrigation
Cropping Cereals, Oilseeds, Pasture Seeds, Legume, Horticulture
Description of Country Generally flat with lighter rises with scattered red gums and native shelter. Around 1,000 acres has been deep ripped.
Rainfall Average 650 millimetres
Other Improvements Machinery shed, Sheep Yards, Cattle Yards
Fencing Good fencing with large machinery access. Pivot 5 mostly fenced to area.
Number of Paddocks: around 30 main paddocks.
Water Supplies Dams, Bores
Comments 1428 meg Water Licence and 840 Meg available from 1200 Meg recycle dam.
Irrigation 5 centre pivots approximately 575 acres. Also, around 200 acres of laser levelled flood irrigation plus potential for expansion of the irrigation. Includes fully equipped 18 inch pump (100,000 Gal/hr)
Pasture Crop
Crops The property has had areas leased out for potato growing. Crops grown include: safflower, mustard, lucerne, oats and summer fodder crops.
Pastures Strawberry clover, subterranean clover, rye grass, phalaris and perennial grasses. Approximately 335 aces sown to Lucerne.
House
Description 3 bedroom homestead with reverse cycle air conditioning, 2nd shower and W/C, separate lounge and garage/workshop. 30,000 litre water tank. Fully equipped Stock & Domestic bore on mains power.
Other Improvements
Cattle Yards with a 200 head plus capacity (crush included).
Hay Shed massive 14m x 42m steel shed with a 600 tonne capacity.
Machinery Shed Large steel framed and clad shed of approx 14m x 36m
Title Details
9 Certificates of Title with a total of 10 Crown Allotments.
Located in Glenelg Shire Council
Annual Rates are approximately $6,459.60

Property History for 3114 Casterton-Penola Rd, Lake Mundi, VIC 3312

A timeline of how this property has performed in the market
Last Sold
$1,320,000
09 Jan 2013
  • 09 Jan 2013
    Sold for $1,320,000
  • 02 Oct 2012
    Listed for Sale UNDER OFFER
  • 15 Jun 2012
    Listed for Sale Not Disclosed
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About Lake Mundi 3312

The size of Lake Mundi is approximately 400.9 square kilometres. It has 3 parks covering nearly 22.7% of total area. The population of Lake Mundi in 2011 was 233 people. By 2016 the population was 12 showing a population decline of 94.8% in the area during that time. The predominant age group in Lake Mundi is 60-69 years. Households in Lake Mundi are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lake Mundi work in a managers occupation. In 2006, 19.4% of the homes in Lake Mundi were owner-occupied compared with 76.6% in 2011..

Lake Mundi has 76 properties.

    There are currently no properties listed for sale, and no properties listed for rent in Lake mundi on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Lake mundi.

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    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.