CBRE Agribusiness has been appointed to sell a large scale cropping and grazing property located along the Cairn Curran Reservoir.
The opportunity comprises an aggregation of three properties within a 3km radius – totalling a combined landholding of approximately 1,583 hecatres.
Approximately 1,200ha are arable and utilised for cereal and oilseed production, with approximately 120ha also developed to centre pivot irrigation.
This is underpinned by a 380ML High Reliability Groundwater Entitlement, which is also excellent quality.
It has high quality basalt soil types and excellent climatic characteristics (average annual rainfall of 505 millimetres).
The balance of the land is currently utilised for grazing purposes, (with an average of 4.3 tonnes to the hectare for cereals and 2.5 tonnes to the hecatre for oilseeds, with the operation also comprising a Merino flock of 1,400 breeding ewes.
CBRE Agribusiness agents James Beer and Duncan McCulloch have been appointed to handle the sale, with Mr Beer commenting on the strong demand for mixed-farming properties in the current market.
“Cairn Curran is a productive cropping and grazing property with a history of strong performance, and is underpinned by high quality basalt soils and reliable rainfall,” he said.
Mr Beer added: “We expect the sale process to generate significant interest, given the strong fundamentals of the property and the fact there is scope for further development of arable land and irrigable areas.”
Structural improvements include a main homestead, an original homestead (in need of renovation), a manager’s residence and two cottages.
It has two shearing sheds, 1,880 tonnes of grain storage, two sets of sheep yards and numerous machinery / hay / storage sheds.
Operational infrastructure comprises stock-proof fencing, a laneway system and excellent stock water facilities.
Structural improvements include a main homestead, an original homestead (in need of renovation), a manager’s residence and two cottages.
It is close to Maryborough (15kilometres), Castlemaine (19km, saleyards at Bendigo (37km) and Ballarat (53km), grain receivals at Ballan (60km) and Beaufort (65km) and the Melbourne CBD (118km).
CBRE Agribusiness is inviting offers for Cairn Curran by Expression of Interest. For further informationcontact James Beer on 0416 859 565.
- SUPPLIED BY AGENT
