'Kings Country' is a rich and fertile 42.21*ha (104.30) parcel of farmland situated 6* minutes from the growing regional hub of Drouin and a further 9* minutes to Warragul.
The elevated grazing pastures along the southern boundary of the property deliver beautiful vistas to the township of Drouin and Mount Baw Baw and a choice of wonderful residential building sites (STCA).
Currently leased for grazing purposes, Kings Country consists of 12 paddocks serviced by a central laneway. The property slopes gently from Main South Road to fertile King Parrot Creek river flat country at the rear north eastern boundary.
A delightful spring fed dam services the agricultural and stock requirements of the property but also provides a tranquil setting for family picnic gatherings. Additional water to paddocks is supplied through a network of stock troughs and a generous Southern Rural Water water licence allocation will transfer with the sale of the property.
Currently zoned 'Farming Zone (FZ)' the rear boundary of the property abuts land on the fringe of Drouin designated 'Urban Growth Zone 2 (UGZ2).
The astute purchaser may wish to continue to generate passive income through the current grazing lease, look to increase income through additional agricultural pursuits including vegetable production or 'land-bank' the property as a possible residential development play (STCA).
The property includes:
• 42.21* hectares (104.30* acres) freehold title.
• Excellent pastures with fertiliser history.
• Southern Rural Water allocation.
• Central laneway.
• Good to fair fences throughout.
• Shelter belts.
• Stock troughs.
• Hay shed.
• Spring fed dam.
Location:
• Drouin Train Station - 4.7*km, 6min.
• Melbourne CBD - 103*km, 1hr 28min.
• Mount Baw Baw - 91*km, 1hr 40min.
*Approximately. Distances according to Google Maps.
