324 Acres – 131 HA
“Mullins is offered for sale at realistic price of $500,000. Generous vendor terms available (see below).
LOCATION
Very convenient location being some 20kms Tallangatta and 60kms Wodonga in renowned Bullioh district. Only 5kms from Murray Valley Highway and 1km from main Tallangatta Valley Road.
COUNTRY
Property divides into three (3) distinct categories namely creek flats, strong undulation and some low hill country. Easy accessible throughout.
PASTURE
Strong mixed pastures with cloves, rye, strong perennials and proven natural species. Conservative stocking over the years has seen pastures consolidate to all year round feed.
WATER
Water can only be described as excellent. Secure rainfall 800mm. Several large spring fed dams supplying unfailing water all year round. Seasonal creeks and smaller springs throughout the property.
STOCKING
Generally regarded as a 60-70 cow property or the equivalent.
IMPROVEMENTS
Purpose built set of heavier steel cattle yards, race, crush and concrete forcing area.
SUBDIVISION
The property is of three (3) separate titles all are fenced to the title line and give the opportunity to be sold in smaller title allotments.
VENDOR TERMS
“Mullins” is offered for sale with most generous terms being:
• Deposit 10% on exchange of contracts
• Further 40% of purchase price on possession (say 42 days)
• Balance of 50% of purchase price to remain unpaid for period of five (5) years at set interest rate of 7%. Secured 1st Mortgage.
REMARKS
“Mullins” presents as a medium priced parcel of genuine cattle country. The country itself, the location, the quality pastures and the generous terms of payment all combine to supply and an excellent opportunity firstly to those wishing to increase their existing holding ot those wishing to treat the property as a singular enterprise/investment.
