OFF MARKET

485 Cemetery Road
Naroghid VIC 3266

Bedrooms: 8
Bathrooms: 3
Car spaces: 5
Land area: 2318888m2
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Property Details for 485 Cemetery Rd, Naroghid

Building Type
Land
Land Size
2318888m2
Local Government
Corangamite
Lot/Plan
1/TP119985

Last Listing description (July 2019)

Well planned & developed large dairy farm with near new, fully equipped, 50 bail rotary, 18.5 & 10.5 ha centre pivots and 2 homes.
Total aggregation of 232.5 ha (574.55 acres, 5 titles) plus adjoining 38.5 ha/ 95 acre block available for lease or purchase as well as an adjoining 32 ha/ 80 ac lease block all divided and watered into 99 paddocks.
Currently milking 480 cows, with potential to increase cow numbers and production if required.

Homestead: Large 4 bedroom homestead plus office with ample family areas, above ground pool and outside entertainment areas. Addition adjoining bungalow. New gas stove top, oven and electric oven, lock up 2 car garage as well as carport.
Manager's residence: Large 4 bedroom plus study, excellent sized living areas. Reverse cycle cooling, solid fuel heater and undercover car parking.
The property is very well located mid-way between Cobden and Camperdown on a sealed road 7 km's from each, with school bus at gate to schools in each town. Very close (2-3 km) to Lakes Bullen Merri and Gnotuk with excellent sailing, fishing and other recreational activities.
'Margyle' is well know for its high growth rates and utilisation capabilities, complemented by a comprehensive pasture renovation programs and a strong fertiliser history.
The exciting addition of a 18.5 ha centre pivot to the property three years ago and another currently being installed, complete with dual station, tri level tensiometre's had further added to the versatility and profitability of the Margyle enterprise. Constantly updated moisture level readings at 10, 20 and 30 cm's depth, transmitted via satellite to mobile phone or computer ensure maximum water usage efficiency.
With the property having been in the family for three generations, and all of the youngest now living off farm. The decision has now been made to sell the property and retire.

Property History for 485 Cemetery Rd, Naroghid, VIC 3266

A timeline of how this property has performed in the market
  • 15 Sep 2018
    Listed for Sale Not Disclosed

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About Naroghid 3266

The size of Naroghid is approximately 18.9 square kilometres. It has 1 park. The population of Naroghid in 2011 was 344 people. By 2016 the population was 72 showing a population decline of 79.1% in the area during that time. The predominant age group in Naroghid is 40-49 years. Households in Naroghid are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Naroghid work in a managers occupation. In 2011, 75.9% of the homes in Naroghid were owner-occupied compared with 81.4% in 2016..

Naroghid has 44 properties.

    There are currently 1 property listed for sale, and no properties listed for rent in Naroghid on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Naroghid.

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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.