315 Fidge RoadUndera VIC 3629
Property Details for 315 Fidge Rd, Undera
Last Listing description (January 2018)
CBRE Agribusiness is pleased to present for sale Petabern Dairies, one of Australia's most productive dairy farms.
Comprising a 609* hectare aggregation of three properties, the individual properties are described as follows:
- 315 Fidge Road, Undera (Home Farm/Milking Platform): a 361* hectare
- 385 Park Road, Undera (Irrigated Fodder Farm): a 202* hectare landholding, comprising 38* hectares of centre pivot irrigation, 102* hectares of fully automated flood irrigation and 62* hectares of dryland cropping and balance areas.
- 1856 Davies Road, St Germains (Dryland Fodder Farm): A 46* hectare
landholding currently utilised for dryland cropping.
Key investment highlights include:
- An opportunity to acquire an institutional grade dairy operation, currently milking approximately 950 cows and producing over seven* million litres of milk annually.
- Secure and reliable water availability, including an 809* megalitre Goulburn Murray High Reliability Water Entitlement, a 550* megalitre Groundwater Entitlement, a 403* megalitre Goulburn Murray Low Reliability Water Entitlement and drainage diversion licences allowing water to be harvested during both low and high flow events.
- Outstanding water storage capacity, including a 300* megalitre turkey nest and a 30* megalitre storage / recycle dam located on the Home Farm, as well a 25* megalitre storage / recycle dam located on the Irrigated Fodder Farm.
- Excellent structural improvements, including an undercover 1,000* cow feed shed, 50-unit rotary dairy, modern calf shed, main homestead, four additional dwellings and numerous machinery / hay sheds.
- Located close to processing facilities including Tatura Milk in Tatura, Pactum Dairy Group in Shepparton, Kyvalley Dairy in Kyabram, Fonterra in Stanhope and Murray Goulburn in Rochester and Cobram. Petabern Dairies is also able to supply Parmalat, Lion and Specialty Cheese Producers.
- Numerous future growth opportunities, including further development of dryland areas to irrigation, as well as acquisition of neighbouring properties to increase scale.
- Available on a 'Walk In Walk Out' basis, inclusive of livestock, plant and equipment and feed on hand.
*approximately
Property History for 315 Fidge Rd, Undera, VIC 3629
- 09 Apr 2017Listed for Sale By Expression of Interest
- 21 Dec 1989Sold for $540,000
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About Undera 3629
The size of Undera is approximately 136.6 square kilometres. It has 2 parks covering nearly 13.3% of total area. The population of Undera in 2011 was 545 people. By 2016 the population was 451 showing a population decline of 17.2% in the area during that time. The predominant age group in Undera is 40-49 years. Households in Undera are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Undera work in a managers occupation. In 2011, 73.9% of the homes in Undera were owner-occupied compared with 66% in 2016..
Undera has 279 properties. Over the last 5 years, Houses in Undera have seen a -4.08% decrease in median value, while Units have seen a 24.78% increase. As at 30 November 2024:
- The median value for Houses in Undera is $735,828 while the median value for Units is $407,909.
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