OFF MARKET

631 Three Waterholes Road
Milltown VIC 3304

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 3723139m2
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Property Details for 631 Three Waterholes Rd, Milltown

Building Type
Rural
Year Built
2006
Land Size
3723139m2
Local Government
Glenelg
Lot/Plan
1/TP80890

Last Listing description (December 2014)

Melro Dairy Large Scale Dairy Operation
1176 Acres 476 Ha
High Performance - Tremendous Value

Good young herd of predominantly AI bred Friesian cows and replacement heifers
Close proximity to towns and regional centres
Competent management / labour team in place
50 unit rotary dairy, 32,600 litre vat, auto cup removers, auto feed system, 600 cow yard - auto flood wash, yard blastas, auto draft, crush, 3 phase power, 125 KVA diesel powered backup generator
Ration preparation shed - disc mill, mixing silo & storage silos, 8 bay modern steel / colourbond shed
600 cow concrete feed pad - auto flood wash, newly constructed calf rearing / handling facilities
Calving area, undercover yards - crush, power, water
Modern 30 square 4 bedroom WB home (Circa 2006)
2nd comfortable 3 bedroom home
Improved pastures comprising modern species - ongoing renovation program
Mild coastal climate, 800 mm average rainfall p.a.
Extensive laneway system good wide tracks
95+ main grazing paddocks, strong fertiliser history
2 water lines, 1,000 gallon troughs, bores & large catchment dams, 25 Ha effluent irrigation
Sandy clay loam to heavier clay loam soils
1176 acres freehold, 305 acres leasehold
Herd and P & E available for purchase
Turnkey Operation - high production farm in tip top order with significant capital reinvested for both maintenance and upgrade purposes
Taking into account the farm s modern infrastructure and grass growing ability, pound for pound, it would be considered to be one of, if not the best value dairy farm on the market!
Information Memorandum available electronically
Sale $3590 per acre (negotiable)
View By appointment with the Sole agent
Tim Gladman 0418 131 638
tim.gladman@raywhite.com
Ray White Rural

Property History for 631 Three Waterholes Rd, Milltown, VIC 3304

A timeline of how this property has performed in the market
Last Sold
$5,494,571
07 Sep 2021
  • 07 Sep 2021
    Sold for $5,494,571
  • 15 Apr 2015
    Sold for $4,450,000
  • 25 Aug 2012
    Listed for Sale $3590 PER ACRE - NEG
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About Milltown 3304

The size of Milltown is approximately 69.5 square kilometres. It has 2 parks covering nearly 17.7% of total area. The population of Milltown in 2011 was 418 people. By 2016 the population was 52 showing a population decline of 87.6% in the area during that time. The predominant age group in Milltown is 50-59 years. Households in Milltown are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Milltown work in a trades occupation. In 2011, 82.2% of the homes in Milltown were owner-occupied compared with 76.1% in 2016..

Milltown has 58 properties. Over the last 5 years, Houses in Milltown have seen a 117.21% increase in median value, while Units have seen a 3.59% increase. As at 30 November 2024:

  • The median value for Houses in Milltown is $427,008 while the median value for Units is $328,153.
There are currently no properties listed for sale, and no properties listed for rent in Milltown on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Milltown.

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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.