Property Overview:
Location: 654 Baddaginnie to Warrenbayne Road, Warrenbayne, Victoria.
Property Area: 138 hectares (342 acres) on two titles
Additional Lease Opportunity: Adjoining 40 hectares (104 acres) with stock Yards and shedding available for lease.
Property Features:
1. Prime Location: The property boasts two main bitumen road frontages, offering excellent accessibility. Situated just six kilometres south of the Hume Freeway intersection, it provides convenient access to major transportation routes.
2. Proximity to Key Areas: Strategically located, the property is 14.5 kilometres from Benalla, 29 kilometres from Euroa, and 47 kilometres from Mansfield.
3. Generational Ownership: The property has been in the same family for over 52 years.
4. Infrastructure: The available lease portion of the property includes substantial farm sheds and well-maintained cattle yards with an interconnected laneway network. Steel cattle yards compliment the second title
5. Rainfall: Reported average annual rainfall of 775mm per annum.
6. Productivity: the property has proven its productivity. Regular annual fertiliser and lime application has been a part of the cattle grazing operation.
7. Fencing and Paddocks: The property is divided into ten paddocks with an effective fencing network in place.
8. Scenic Beauty: Significant tree planting along the Baddaginnie Creek and throughout the property, combined with established tree lines, creates a picturesque park-like setting.
9. Water Resources: The property features a large, long-established dam with a holding capacity of fifty five megalitres and a 4.5-hectare area. Additionally, a second dam with a twenty megalitre capacity is present. Drainage lines feed into both storages, ensuring a reliable stock water system.
10. Irrigation Potential: There is potential to explore irrigation system installation to enhance farming operations.
11. Pastures: Established pastures of clover, Rye grass and Phalaris.
12. Carrying capacity: DAS report Circa One cow and calf unit to the hectare.
Market Insights:
Elders Real Estate Wangaratta Office manager, Michael Everard, emphasises the unique value of this property within the tightly held Warrenbayne farming district. The property has been held and farmed by the Wakley family for three generations, reflecting its quality and appeal.
Property Viewing:
Prospective buyers are encouraged to schedule a property inspection to fully appreciate its ideal location, high productivity, visual appeal, abundant water resources, and potential for further development.
For more information or to arrange a property viewing, please contact Elders Real Estate Wangaratta and the selling agent, Michael Everard, at 0408 653 161.
EDITORIAL
By John Kennedy
For Auction Sale on the property on Friday 27 October at 11am
SERIOUS WARRENBAYNE FARM PROPERTY “ “EXPECTED TO ATTRACT STRONG FARMER & GRAZIER INTEREST
The property known as the major proportion of 654 Baddaginnie to Warrenbayne Road Warrenbayne with a second frontage to the Benalla to Warrenbayne Road is for sale by Elders Real Estate of Wangaratta is sure to command the interest and attention of serious farming interests from the north eastern and even wider districts.
Offered for private sale is a property with two main bitumen road frontages and excellent access as it is only six kilometres directly south of the intersection with the Hume Freeway.
It is bounded by two main roads and well-located in regard to Benalla (14.5 km) and Euroa and Mansfield (29 and 47 kms distant respectively).
The property is on offer to conclude a family ownership extending back fifty two years and three generations.
Its area is 138 ha or 342 acres held as two titles of 232 acres and 110 acres.
In addition, the successful purchaser will be offered the opportunity to lease an adjoining forty hectares or 104 acres that the vendor family wish to retain for the present.
Located on this portion is an effective set of infrastructure including significant farm shedding and a covered set of cattle yard facilities with a laneway network leading thereto.
A key feature of this property is its productivity in an area with reliable annual average rainfall of 775mm per annum.
The vendors who have run a cattle grazing operation note that they have undertaken a regular annual fertiliser program.
The property is subdivided into ten paddocks and has an effective fencing network in place.
There are frontages to the Baddaginnie Creek and another seasonal creek whilst significant tree planting has been implemented along both these lines over the years.
This along with other established tree lines gives this holding a very attractive park like presentation.
Worthy of special recognition are the water resources.
There is a long established major dam with a holding capacity advised by the vendor of fifty megalitres and a spacial area of 4.5 hectares, while a second dam has a circa twenty megalitre storage capacity.
Drainage lines are designed feed into both storages.
These both ensure a reliable stock water system and the purchaser could explore the opportunity to install an irrigation system to further enhance both the productivity and flexibility of farming operations.
Elders Real Estates Wangaratta Office manager Michael Everard said that the local Warrenbayne farming district is tightly held and is reflected in the fact that the Wakley family nave held and farmed this property for over fifty years.
“A property inspection will quickly reveal its unique features of its ideal location, highly productive capacity, its visual appeal, the water resources, with scope for further development.
“By any measure this property is an outstanding holding and I will be delighted to host inspections from interested parties” Mr Everard says.
For more information contact Elders Real Estate in Wangaratta and selling agent Michael Everard on 0408 653 161.
The size of Warrenbayne is approximately 129.3 square kilometres. It has 1 park covering nearly 20.2% of total area. The population of Warrenbayne in 2011 was 205 people. By 2016 the population was 134 showing a population decline of 34.6% in the area during that time. The predominant age group in Warrenbayne is 60-69 years. Households in Warrenbayne are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Warrenbayne work in a managers occupation. In 2011, 89.9% of the homes in Warrenbayne were owner-occupied compared with 90.9% in 2016..
Warrenbayne has 118 properties. Over the last 5 years, Houses in Warrenbayne have seen a 239.79% increase in median value. As at 31 August 2024:
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