This superb 151-acre property consists of beautifully undulating grazing land, an older 4-bedroom country home, extensive shedding and working improvements.
The farm is ideally suited to a wide variety of agricultural interests which include cattle fattening & breeding, sheep, equine, horticulture and much more.
Key features of this property include:
- Superb gently undulating to undulating land
- Heavy carrying highly productive Bluegum country
- Comfortable 4-bedroom country home
- Extensive working improvements include machinery shed and workshop with concrete flooring and electrcity, hay shed & disused dairy
- Heavy duty stockyards for ease of livestock management
- Well fenced to 22 paddocks serviced via all-weather laneways throughout
- Excellent and secure water supply via dams with a 14.3 megalitre licence, troughs & is also supported by a reliable 40 inch plus annual rainfall
- Treed plantations provide shelter for livestock and aesthetic appeal
- Poowong 6km, Korumburra 20km, Drouin 25km, Melbourne only 1.5 hrs
This is a unique chance to acquire a high-quality property in the coveted Poowong area of the prestigious South Gippsland region, with a rich history of family ownership dating back to 1938. This district is renowned for its tightly held ownership so dont miss this rare opportunity to secure a property which is being offered for sale for the first time in 85 years. To learn more or schedule a visit, please contact Don Olden at 0417 805 312 or Katrina Griggs at 0428 571 083. Inspections strictly via selling agents only. Expressions of Interest will be accepted until 4pm on Thursday, May 25th, 2023.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
The size of Poowong is approximately 49.5 square kilometres. It has 3 parks covering nearly 0.2% of total area. The population of Poowong in 2011 was 609 people. By 2016 the population was 637 showing a population growth of 4.6% in the area during that time. The predominant age group in Poowong is 60-69 years. Households in Poowong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Poowong work in a managers occupation. In 2011, 82.4% of the homes in Poowong were owner-occupied compared with 85.4% in 2016.
Poowong has 558 properties. Over the last 5 years, Houses in Poowong have seen a 80.83% increase in median value. As at 31 October 2024:
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