1626 Hopkins HighwayPurnim VIC 3278
Property Details for 1626 Hopkins Hwy, Purnim
Last Listing description (November 2023)
Elite production, intensively developed and technologically advanced operation
CBRE Agribusiness is delighted to have been appointed to present 'Kangertong' (the Property) for sale, a highly-productive and award winning dairy operation in the renowned Warrnambool area within the south west region of Victoria, Australia.
The Property comprises approximately 261.16 hectares* (645.32 acres*), with 98% (255 hectares*)(630 acres*) classed as high quality arable and irrigatable area, which is currently utilised as the milking platform and fodder production for Kangertong Farming Pty Ltd.
Key features of the opportunity include:
- Topography is generally very gently sloping (<0.2%)
- Average Annual Rainfall of 786 millimetres* (BOM - Koroit 90051 and Warrnambool Airport 90186)
- Annual Rainfall Reliability Index at 81%, considered "well above average" for rainfall reliability compared to the Australian benchmark of 55%
- Rich dark and grey loam/clay soils with extensive fertiliser history
- Outstanding rotational permanent pasture program with regular improvement
- An average exceeding 10 tonnes* of DM/milking ha is grown on-site (dryland)
- Intensively developed and fully operational dairy complex (40-bail rotary) with 420 cow yard and newly installed flood wash system
- Allflex digital cow monitoring system linked to milk production software and new auto-draft gate
- Outstanding support infrastructure such as modern calf shed, generous machinery shedding and transition feed pad
- Annual production in excess of 3,700,000 litres* of milk and 270,000 kilograms* of milk solids
- Award winning milk quality and an elite participant of the Dairy Farm Monitor Project (managed by Dairy Australia and Agriculture Victoria)
- Two recently installed T-L centre pivot irrigators with 178.8 megalitres* of water entitlements
- Accommodation comprising two significant residences, both in exceptional order
- Exclusive south west location situated on the fringe of the Purnim township, 16 kilometres* from the city of Warrnambool
Astute investors have the opportunity to purchase the Property either in one line or as two separate properties (outlined below). The entire cattle herd and plant and equipment can also be purchased, together with the land, on a walk-in-walk-out basis.
'Kangertong'
Address: 1626 Hopkins Highway, Purnim
Land Size: 183.78 hectares* 454.11 acres*
'Learmonth'
Address: 84 O'Sullivan's Road, Purnim
Land Size: 77.38 hectares* 191.20 acres*
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 3 NOVEMBER 2022 AT 4:00PM (AEDT)
INFORMATION MEMORANDUM AVAILABLE UPON REQUEST
*Approximately
Property History for 1626 Hopkins Hwy, Purnim, VIC 3278
- 21 Dec 2023Sold for $6,876,980
- 06 Jul 2023Listed for Sale Expressions of Interest
- 28 Sep 2022Listed for Sale Expressions of Interest
Commute Calculator
0
About Purnim 3278
The size of Purnim is approximately 55.4 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Purnim in 2011 was 453 people. By 2016 the population was 265 showing a population decline of 41.5% in the area during that time. The predominant age group in Purnim is 0-9 years. Households in Purnim are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Purnim work in a managers occupation. In 2011, 75% of the homes in Purnim were owner-occupied compared with 77.8% in 2016..
Purnim has 167 properties. Over the last 5 years, Houses in Purnim have seen a 79.30% increase in median value. As at 30 November 2024:
- The median value for Houses in Purnim is $655,505 while the median value for Units is $470,125.
Suburb Insights for Purnim 3278
Market Insights
Purnim Trends for Houses
N/A
N/A
View TrendN/A
N/A
Purnim Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
