“First time offered in over 100 years. Complete unit farm on the Beautiful Kiewa River. Dairy and beef farmers take notice.”

History-

The Kiewa has a reputation as one of the most popular farming areas in North East Victoria. Renowned for its beef and dairy production, “Wallace’s” has been operating under the Wallace family as a dairy for over 100 years.

Introduction-

One of the highly recognised holdings in the Kiewa Valley district. A truly impressive parcel of high quality farming ground with rich soils throughout and 2km of absolute Kiewa River frontage. High rainfall and magnificent water supply. “Wallace’s” can be described as well planned and fully productive farm and it gives BUR Real Estate a real thrill to present this to the market place.

Location-

Located in the heart of the Kiewa Valley in the Gundowring-Kergunyah district 2 km from the Kiewa Valley highway, 28.9kms Albury-Wodonga, 352 kms Melbourne (Via Kiewa Valley highway and Hume freeway), 52kms Mt Beauty and 82kms to snow fields.

Land-

Balance of genuine Kiewa River flats with some areas of higher alluvial country. Beautifully fertile grey loam soil as well as sandy loam soil boasting highly improved pastures and a strong fertiliser history. This country has been well cared for over the period of ownership and is in full productivity. Pastures range from perennial and annual rye, clover and summer crop of brassica(hunter rape) for autumn grazing. The property has been subdivided into 30 paddocks for rotation of dairy stock and the fencing can be described as in fair condition and dairy style fencing for subdivisional fencing.

Rainfall and Water-

The property is in a 950mm rainfall area and water is in abundance with bore, well, Bight creek, storage and spring fed dams as well as the magnificent Kiewa River. Each paddock has water supplied either by trough, creek, river or dam and the property boats a 5ML stock and domestic licence as well as a 50ML irrigation licence.

Working improvements-

Fully equipped 28 cow (14 a side) fully automatic dairy and 10,000 litre milk Vat, 3 x Grain Silos, Automatic Feed system, large 7 bay machinery/Hay shed as well as other ancillary shedding. Livestock handling facilities includes loading ramp, stock yards, calf yards (undercover) and AI race. Pumps and infrastructure as relate to the water systems.

Residence-

The residence at “Wallace’s” is a quality four (4) bedroom brick veneer home, features of the home include two (2) living areas, two (2) bathrooms, generous kitchen and a large carport. The gardens and surrounds can be described as established low maintenance.

Future potential-

The property is currently run as a 220 cow dairy and would be well equipped to continue same or increase the number of milking cows, it would readily transform into a top level beef breeding or backgrounding operation with little changes required to the current subdivisional fencing. Further improvement to pastures can see the stocking rate increase marginally.

Agents Remarks-

This is the kind of property that gets you out of the bed in the morning as an agent and would seem an excellent opportunity to purchase a sizeable parcel of ground in this tightly held area. If you’re looking to start or expand a dairy or looking to further beef production this property will hold its own for the long haul. Just take over and continue in full profit from day 1. A truly beautiful property with so many upsides. Inspections are a must.

Auction Cancelled due to COVID lockdown - Unconditional Offers by Friday 4th June at 11am

DISCLAIMER: Whilst every care is taken to supply accurate information our company cannot be held responsible for any incorrect information.

Property Code: 1949