136 Otooles RoadWild Dog Valley VIC 3953
Property Details for 136 Otooles Rd, Wild Dog Valley
136 Otooles Rd, Wild Dog Valley is a 0 bedroom, 0 bathroom House. The property has a land size of 768900m2.
Last Listing description (September 2024)
Sweeping rural views, wide-open spaces, and acres of opportunity. In quiet Gippsland countryside, this 190-acre grazing property provides an incredible opportunity to expand or begin an agricultural pursuit.
Shedding includes an 18mx8m shed that is enclosed and a 15mx6m machinery shed with 20 solar panels on the roof. There is a set of well-constructed stockyards that can be used for both sheep and cattle. The pastures are divided into 9 paddocks and are approximately 90% tractorable as the property lies at the bottom of the valley within the high rainfall and "blue gum" growing landscape of the Strzelecki hills, therefore the country isn't steep.
Water is sourced from dams and a semi-permanent creek-one dam by the yard area is spring fed and stays full.
Only 20 minutes from Leongatha but quiet and secluded. Sheltered terrain and able to run 50 cows and calves. Currently leased out to a dairy operation. The Leasee is keen to continue with this property so suit a lifestyle purchase to build your ideal house and leave the managing of the farm operations to the lease. Current return from lease around $29,000 pa.
The plantation area on the farm has been lodged with the council and provides an opportunity to harvest for saw-log production and firewood production when required. The trees were strategically planted to allow pastures to grow in between and allow cattle room to graze.
Planted in 2007 they can be harvested anytime from now, but full maturity is 2031 at which time they would be a very valuable and hard to source sustainable timber asset in Gippsland. A limited and sought after product with a high saleable value to the sawmills in Gippsland.
The property can be purchased with or without the tree rights depending on price.
There is also an additional 10 acres of unused road lease at the property.
Contact John Rowe or Nicole Lancey for further information or to arrange an inspection.
Property History for 136 Otooles Rd, Wild Dog Valley, VIC 3953
- 01 Jul 2024Listed for Sale $1,750,000
- 11 Feb 2022Listed for Sale $1,750,000
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About Wild Dog Valley 3953
The size of Wild Dog Valley is approximately 10.7 square kilometres. The population of Wild Dog Valley in 2011 was 443 people. By 2016 the population was 64 showing a population decline of 85.6% in the area during that time. The predominant age group in Wild Dog Valley is 60-69 years. Households in Wild Dog Valley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wild Dog Valley work in a managers occupation. In 2011, 85.1% of the homes in Wild Dog Valley were owner-occupied compared with 57.7% in 2016..
Wild Dog Valley has 28 properties. As at 30 September 2024:
- The median value for Houses in Wild Dog Valley is $1,249,245 while the median value for Units is $324,268.
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