OFF MARKET

898 Woolmulla Road
Warradarge WA 6518

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Land area: 5068557m2
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Property Details for 898 Woolmulla Rd, Warradarge

Building Type
Rural
Land Size
5068557m2
Local Government
Coorow
Lot/Plan
5778/P089363

Last Listing description (September 2021)

Lakeland is a truly unique offering of Western Australian farmland. Offered for Sale via Expressions of Interest, closing 14th July 2021 (unless sold prior). This outstanding mixed farming enterprise occupies a total area of 3,679 hectares (9,092 acres) in one adjoining parcel and features an abundance of fresh water.KEY FEATURES: - 1,400,000 kL (1.4 gigalitre) water licence - One adjoining parcel of prime farmland - Central laneway running from Southern to Northern ends- Current lease offers investors passive income with a respectable return- No recorded damaging frost events - Three phase power transects the property (approx. 7km) - Large homestead plus additional accommodation - Sheep yards and cattle yards strategically located Lakeland is considered to be an almost drought-proof proposition. Located in a high rainfall zone of Western Australia, the property also has access to an enviable water supply which includes a 1,400,000 kL (1.4 gigalitre) water licence. Access to such a high quality water source provides scope for irrigated pasture and potentially horticultural production into the future. The property is currently utilised for a cropping program incorporating wheat, canola, oat and hay production as well as sheep and cattle grazing. A 400 head cattle feedlot was previously operated on the property. An 80 hectare centre pivot (not currently in operation) has previously been utilised to grow fodder, with the ability to flood irrigate small paddocks on the property for additional fodder.Three phase power transects the property, providing the ability to power high capacity pumps as required. Lakeland is located in the Northern Western Australian Wheatbelt in the High Rainfall Zone (H2) as defined by the Department of Primary Industries and Regional Development with an approximate annual average rainfall of 532mm. The regional centre and port City of Geraldton is 165 km north of Lakeland, with the capital city of Perth being 270 km to the South. The town of Eneabba is approximately 15km NE of the property (calculated from the Northern Entrance) with the coastal villages of Leeman and Green Head both being approximately 25km from Lakeland. Previous owners of Lakeland have included the late construction giant John Roberts and his family. At this time the property was farmed in conjunction with the highly regarded "The Grange" at Dongara. Lakeland Homestead is a sprawling brick homestead set amongst two acres of lush lawns with four bedrooms and two bathrooms and wrap around verandahs. A self contained "granny flat" adjoins. Lakeland Cottage is a four bedroom, one bathroom home situated close by to the main homestead. Other improvements include a modern machinery shed (50m x 12m), machinery shed (40m x 12m), large five stand raised board shearing shed, two sets of sheep yards, three sets of cattle yards, 5 x UAN tanks and 6 x grain silos. The uniqueness and untapped potential of Lakeland cannot be overstated, with Lakeland having the rare combination of scale, favourable climate and an excellent fresh water supply. This farm offers buyers the real potential to increase and diversify income streams into the future. Expressions of Interest are now being sought. Additional information and property inspection available only through the exclusive selling agent.

Property History for 898 Woolmulla Rd, Warradarge, WA 6518

A timeline of how this property has performed in the market
Last Sold
$13,000,000
16 Jul 2021
  • 16 Jul 2021
    Sold for $13,000,000
  • 16 Apr 2021
    Listed for Sale EXPRESSION OF INTEREST CLOSING 14TH JULY 2021
  • 08 Jun 2012
    Sold for $6,100,000
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About Warradarge 6518

The size of Warradarge is approximately 1,002 square kilometres. It has 4 parks covering nearly 13.3% of total area. The population of Warradarge in 2011 was 294 people. By 2016 the population was 44 showing a population decline of 85.0% in the area during that time. The predominant age group in Warradarge is 50-59 years. Households in Warradarge are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Warradarge work in a managers occupation. In 2006, 26.4% of the homes in Warradarge were owner-occupied compared with 73.3% in 2011..

Warradarge has 72 properties.

    There are currently 1 property listed for sale, and no properties listed for rent in Warradarge on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Warradarge.

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    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.