2157 Bolangum Inn RoadParadise VIC 3477
Property Details for 2157 Bolangum Inn Rd, Paradise
Last Listing description (December 2017)
Paradise Rise presents a unique broad scale breeding fattening and cropping enterprise with substantial capacity for increased production. Ideally located amongst some of Australia s renowned Merino studs Paradise rise has undergone significant transformation over recent years, enhancing management efficiencies, carrying capacity, water security, and overall function of the proper ty. Paradise Rise comprises approximately 3,237 ha (8,000 acres). Water is provided by 56 catchment dams, many being cleaned in recent years (2 new large dams recently constructed), springs and 3 new solar bores. Containment areas are serviced by troughs.
Paradise Rise is an ideal balance of fertile creek flats, undulating rolling grazing land and rising hill country renowned for its ability to produce clean vibrant wool and fatten stock to market requirements. Silage and Lucerne provide year round fodder and grazing winter cereal crops enhances productivity and lambing performances. Fertilizer is applied annually on ground and aerially in accordance with soil and pasture test results. Significant investment in infrastructure has taken place in recent years with new fencing, creating enhancing and cleaning dams, pasture seeding, fertilizer, shedding and sheep handling facilities.
Features:
12,000 sheep included in sale
All growing crops included in sale
All plant and machinery included in sale
All hay and grain included in sale
Amongst Australia s best known Marino studs
Turn key highly profitable enterprise
Property History for 2157 Bolangum Inn Rd, Paradise, VIC 3477
- 25 Jan 2019Sold for $6,915,384
- 01 Sep 2017Listed for Sale Not Disclosed
- 10 Apr 2015Sold for $674,215
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About Paradise 3477
The size of Paradise is approximately 142.4 square kilometres. It has 2 parks covering nearly 14.1% of total area. The population of Paradise in 2011 was 242 people. By 2016 the population was 32 showing a population decline of 86.8% in the area during that time. The predominant age group in Paradise is 60-69 years. Households in Paradise are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Paradise work in a managers occupation. In 2011, 86.7% of the homes in Paradise were owner-occupied compared with 43.8% in 2016..
Paradise has 41 properties. Over the last 5 years, Houses in Paradise have seen a 127.43% increase in median value. As at 30 November 2024:
- The median value for Houses in Paradise is $587,483.
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