OFF MARKET

115 Millar Road
Yanakie VIC 3960

Bedrooms: -
Bathrooms: 3
Car spaces: -
Land area: 2268063m2
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Property Details for 115 Millar Rd, Yanakie

Building Type
Rural
Land Size
2268063m2
Local Government
South Gippsland
Lot/Plan
51/PP3945

Last Listing description (April 2010)

LARGE SCALE QUALITY GIPPSLAND DAIRY FARM
Prime dairy farm available, which consists of 438Ha (1083acres) prime level dairy county in renowned South Gippsland.
Facilities include automated 50 bail dairy, new 32,000lit vat, double underpass, and large undercover calf rearing area. The main 4bd home, plus 3 solid homes make accommodation on farm an excellent employment advantage. There is a 5th home on 9th title that is available with the purchase of farm if desired. Land includes well maintained pastures, with 300 plus acres of highly fertile peat soils, with balance of land as excellent free draining sandy loam. Summer maize is already planted, with large amount of silage ready to be harvested for summer and autumn fodder. 650-800 autumn calving fresian herd available WI/WO. Production budgeted for 350,000kgMS this year, with excellent milk contracts available to successful purchaser. Fantastic winter rainfall this year, all dams are full, long term average range of 950mm - 1200mm.

One of a kind, large scale, well laid out dairy farm complete with wide lanes, large troughs, and large scale holding capacity. It is completed with a great location less than 10kms from the ocean, yet less than 200kms from Melbourne. Secure coastal rainfall and premium milk contracts available.
Vendors motivated to move on vendor terms available (SVA).
Realistically priced at $6500 - $7000 per acre, or $8mill plus WI/WO. Contact Agent today for a copy of Information Memorandum, or for a property tour to fully appreciate the propertys value and opportunity.

Property History for 115 Millar Rd, Yanakie, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$1,800,000
13 Aug 2016
  • 13 Aug 2016
    Sold for $1,800,000
  • 13 Aug 2016
    Sold for $1,000,000
  • 23 Apr 2010
    Listed for Sale Not Disclosed
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About Yanakie 3960

The size of Yanakie is approximately 90.7 square kilometres. It has 3 parks covering nearly 5% of total area. The population of Yanakie in 2011 was 385 people. By 2016 the population was 250 showing a population decline of 35.1% in the area during that time. The predominant age group in Yanakie is 60-69 years. Households in Yanakie are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Yanakie work in a managers occupation. In 2011, 72.1% of the homes in Yanakie were owner-occupied compared with 65.3% in 2016..

Yanakie has 240 properties. Over the last 5 years, Houses in Yanakie have seen a 146.10% increase in median value. As at 30 September 2024:

  • The median value for Houses in Yanakie is $1,265,945.
There are currently no properties listed for sale, and no properties listed for rent in Yanakie on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Yanakie.

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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.