2708 Wangaratta-Whitfield Road

Moyhu VIC 3732

diversity.
* Comprising 86 Hectares / 212 Acres on the fringe of the Moyhu township.
* An excellent lifestyle choice or longer term land banking opportunity.
* Positioned on the Boggy Creek close to the King River.
* Local topography provides a vortex lessening exposure to frost.
* Highly productive alluvial sandy loam soil types.
* Vendor advises that extensive drainage works have been done across the entire block.
* Subdivided into 6 well fenced paddocks with a lane way system and steel cattle yards.
* Water security is premium with town water access and water right from Boggy Creek.
* McAllis Park has benefited from consistent applications of fertiliser and lime.
* The carrying capacity of this land is high in it's natural state, however it has been
significantly enhanced by generous applications of fertiliser and lime.
* The land is not burdened by excessive capital improvements and does lend itself to further
subdivision with building permits available on 40 hectare lots in the Wangaratta LGA.
* Excellent access with three road frontages with bitumen on two sides.
* Contact Mick Everard 0408 653 161 or Dave Colvin 0407 500 239 at Elders

EDITORIAL

FARM, DEVELOP, OR LAND BANK UNIQUE MOYHU TOWNSHIP EDGE RURAL HOLDING OF 85.7 HECTARES

A unique farm holding of 85.7 hectares (or 212 acres) adjoining the residential area of the strong Moyhu township in the King Valley of Victoria's north east.
The Moyhu village attractively located and only twenty minutes to the south of the principal north east regional centre is considered by many to be "the Bright of Wangaratta".
The holding of 85.7 hectares held in a single title is offered for sale by a long term local farmer who is consolidating his cattle grazing and breeding operation which will continue on the remainder of his land holdings and his family home which adjoins.
The property holding with a Farm zoning is level, with highly productive alluvial soils and holds long road frontages along three sides.
One is the main bitumen road frontage on the eastern boundary to the main Wangaratta to Whitfield Road, a second forming the northern boundary is to the bitumen Glenrowan Road, while the third is to a formed and fenced laneway frontage along the western boundary so there is excellent access and visibility.
The holding also has a southern boundary frontage to the reliable Boggy Creek.
The improvements include a securely fenced six paddock grazing subdivision with a laneway access, plus a working set of steel cattle yards while a useful steel hay shed is also in place.
The vendor holds water rights with pumping entitlements from the Boggy Creek and should the purchaser require or need a water entitlement for say a horticultural type of development the vendor will negotiate with the purchaser to provide an appropriate water right at market rates.
There are two megalitre Stock & Domestic water rights available with a town water supply also accessible.
There is an existing stock trough system and several dams in the six paddocks.
Intensive development may appeal to the purchaser given the land form as for instance Moyhu township and the immediate region has a number of leading grape growing and winemaking operations, while Moyhu itself is home to a thriving specialty gourmet cultured and flavoured butter factory business.
The vendor advises that he has been running about a one hundred and seventy head Angus cow herd on this holding recently.
From a development and land banking aspect it could be possible currently to subdivide into two by forty hectare, or each one hundred acre, rural lifestyle holdings with potential existing home building sites of appeal to take in the district and attractive King Valley aspects.
There are even a couple of potential small residential blocks along the main Wangaratta to Whitfield Road frontage which it may be possible to separate for home building purposes without impacting the two by forty hectare potential.
"The vendor and his family are well established local residents but with no family farming succession in place they have elected to offer this portion of their Moyhu holdings for sale.
"Hence in reality, it is a unique ideally located local land offering with both immediate farming and prospective future development potential.
" Other district and less well located nearby and King Valley farm holdings have sold recently to strong buying demand.