'Munty West' is a perfect size offering that will suit expanding family farmers, 'start up' farmers trying to enter the burgeoning agricultural sector or investors looking to add agriculture to their portfolio.
Our sellers have indicated approximately 670 arable hectares of mostly, early selection valley floor 'Salmon' and 'Mallee' soils located on Cramphorne road at Muntadgin. Bureau of Meteorology sites in the area suggest a long term annual rainfall average of 340 mm which at this price makes this area perhaps the best buying hectare per mm of annual rainfall in the state. The farm has been owned by only two families since it was cleared and comprises four separate freehold titles.
A real feature here are the two homesteads, the main being 4 bedrooms with split system air conditioning and a three-bay car garage and a second 2 bedroom transportable home also air-conditioned. Farm buildings include a 4 stand shearing shed, sheep and cattle yards, approximately 27m x 9m farm workshop, two general-purpose sheds being approximately 18m x 9m each, grain silos and liquid fertiliser storage.
The property has two connections to the government scheme water supply as well 6 tanks collecting rainwater. 'Munty West' has been leased to an established local farmer and the main homestead has also been leased out to local farmers, so if the second home was leased as well, this investment can return in excess of 5% per annum. Of course, if the new owners wish to farm the property in the 2023 season it is available.
Value for money, given the reliable rainfall in this district and the return on investment available, make 'Munty West' a very attractive investment. Our sellers have enjoyed their tenure at 'Munty West' and look forward to welcoming the new owners to the farm.
Asking $1,290,000
Inspections by arrangement with Agent, Rex Luers rex@livestockandland.com.au 0417 092 567
Property ID: #L21846657
