OFF MARKET

160 Thurlows Road
Shady Creek VIC 3821

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 4980232m2
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Property Details for 160 Thurlows Rd, Shady Creek

Building Type
Land
Land Size
4980232m2
Local Government
Baw Baw
Lot/Plan
1/PS806317

Last Listing description (October 2023)

CBRE is pleased to present for sale Shady Creek, a large scale mixed agricultural enterprise situated in the tightly held and highly productive Gippsland Region of Victoria.

Shady Creek comprises a contiguous 691* hectare landholding located approximately 1.5 hours from the Melbourne CBD, currently operated as a mixed grazing and cropping (seed potatoes and commercial carrots) enterprise, benefited by irrigation water, three phase power and substantially developed property infrastructure.

The property is also subject to two Extractive Industry Work Authorities covering approximately 250 hectares of the landholding (of which only 40 hectares is active at any one point in time), and a lease is currently in place with a large sand quarry operator, which provides significant passive income. The surrounding area has also been earmarked as a major future supplier of Melbourne's construction sand and gravel, and Shady Creek occupies a significant area of the Trafalgar Sand Resource, as identified by the Gippsland Regional Growth Plan.

Key features of the offering include:

A large scale contiguous landholding in a highly productive agricultural region, with numerous future development opportunities, such as intensive animal husbandry, permanent plantings and/or further extractive industry development.

Currently utilised as a breeding and fattening, seed potato and commercial carrot operation, Shady Creek is divided into 50 main paddocks that are connected via an extensively developed laneway system.

Outstanding carrying capacity, underpinned by excellent soil types and a regimented pasture improvement and renovation programme.

Approximately 319 megalitres of irrigation water is supplied via numerous irrigation dams and the Shady Creek, with stock water supplied via a combination of paddock dams, creek access and stock troughs.

Located close to Warragul (approximately 13 radial kilometres), as well as being only approximately 1.5 hours from the Melbourne CBD via the Princes Freeway (approximately 103 radial kilometres).

Benefited by excellent climatic conditions, with highly reliable annual average rainfall of 1,029 millimetres (Bureau of Meteorology - Buln Buln Weather Station).

High quality structural improvements, including three homesteads, large packing facility with three cool rooms (1,200 tonne capacity), administration office, numerous workshops, storage, machinery and hay sheds and two sets of cattle yards.

An attractive passive income via lease of the sand resource to GPQ.

For sale via Private Treaty.

*Approx.

Property History for 160 Thurlows Rd, Shady Creek, VIC 3821

A timeline of how this property has performed in the market
Last Sold
$484,000
27 Aug 1981
  • 25 Jun 2020
    Listed for Sale $17,000,000
  • 07 Jan 2019
    Listed for Sale Contact Agent
  • 01 Sep 2015
    Listed for Sale Not Disclosed
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About Shady Creek 3821

The size of Shady Creek is approximately 58.2 square kilometres. It has 2 parks. The population of Shady Creek in 2011 was 153 people. By 2016 the population was 177 showing a population growth of 15.7% in the area during that time. The predominant age group in Shady Creek is 60-69 years. Households in Shady Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shady Creek work in a managers occupation. In 2011, 82.4% of the homes in Shady Creek were owner-occupied compared with 80% in 2016..

Shady Creek has 100 properties. Over the last 5 years, Houses in Shady Creek have seen a 32.43% increase in median value. As at 31 October 2024:

  • The median value for Houses in Shady Creek is $1,187,393 while the median value for Units is $159,817.
There are currently 2 properties listed for sale, and no properties listed for rent in Shady creek on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Shady creek.

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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.