OFF MARKET

1350 Geodetic Road
Molka VIC 3666

Bedrooms: 4
Bathrooms: 3
Car spaces: -
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Property Details for 1350 Geodetic Rd, Molka

Building Type
Rural
Local Government
Strathbogie
Lot/Plan
69A/PP3417

Last Listing description (December 2023)

'Balmullin' A Renowned Grazing Enterprise

CBRE, in conjunction with Elders, is delighted to bring the 'Balmullin' aggregation to the market, an exceptional piece of breeding and grazing country in the foothills of the Strathbogie Ranges Shire, and renowned producer of tender prime lamb.

The landholding spans 1,550.58* hectares (3,831.43* acres) and is available for purchase as a whole or in three separate lots:


- 'Balmullin' - 868.82* hectares (2,146.82 acres)
- 'Berridale' - 350.88* hectares (867.01 acres), and
- 'Boxwood Park' - 330.88* hectares (817.59 acres).

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY NOVEMBER 9 AT 4:00 PM (AEDT)

The aggregation has a current carrying capacity of 15,000* DSE through improved soil quality, renovated pastures, significant infrastructure and new fencing. A state-of-the-art shearing complex, machinery sheds, workshops, hay sheds, and containment areas provide all the necessary infrastructure for a large-scale livestock venture. A reliable water supply for extensive irrigation with two sizable turkey nest irrigation dams totals 205* megalitres and is supplemented by an additional bore for stock and domestic water.

A fully renovated four-bedroom weatherboard manager's residence which has been meticulously restored in 2023. It features three bathrooms, an open-plan living area, wood heating, central heating/cooling, and a wide return verandah for relaxed outdoor living. An undercover entertainment/alfresco area provides a picturesque setting for gatherings in a private setting.

Nestled in the Molka district, 15* kilometres northwest of Euroa and 40* kilometres south of Shepparton, this district is tightly held with enduring appeal. Tourism, hospitality, and recreational attractions are in abundance, with its allure further strengthened by its proximity to Melbourne's CBD and Tullamarine Airport, making it a sought-after location for families and astute investors alike.

Key features include:
- Rare opportunity to secure an asset of this scale in Strathbogie Ranges
- Prime lamb production, carrying capacity 15,000* DSE
- Reliable water supplies, improved soil quality and renewed pastures
- 2 irrigation dams; total 205* megalitres
- State-of-the-art shearing complex, machinery sheds
- Workshops, hay sheds, and containment areas
- Fully renovated 4-bed manager's residence
- Located 15* km's from Euroa and 160* km's from Melbourne

Property History for 1350 Geodetic Rd, Molka, VIC 3666

A timeline of how this property has performed in the market
Last Sold
$925,000
24 Nov 2021
  • 04 Oct 2023
    Listed for Sale Expressions of Interest
  • 28 Oct 2016
    Sold - Price Undisclosed
  • 14 Sep 2016
    Listed for Sale Auction

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About Molka 3666

The size of Molka is approximately 120.6 square kilometres. The population of Molka in 2011 was 416 people. By 2016 the population was 31 showing a population decline of 92.5% in the area during that time. The predominant age group in Molka is 10-19 years. Households in Molka are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Molka work in a managers occupation. In 2006, 33.3% of the homes in Molka were owner-occupied compared with 75.3% in 2011..

Molka has 43 properties. As at 31 December 2024:

  • The median value for Houses in Molka is $1,238,585.
There are currently 1 property listed for sale, and no properties listed for rent in Molka on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Molka.

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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.