Sold for $2,200,000
Sold for $2,200,0001169 Peppertree Lane, Kyabram VIC 3620
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Property was sold on 2 July 2021.
Sold on 2 July 2021.
5 beds
2 baths
2 cars
Rural
162ha
5
2
2
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Rural
162ha
Escape the hustle and bustle with this countryside retreat, ideal for those seeking peace and tranquility.
161.87 HA (400 acres approx.) - 6 titles Peppertree farm is a highly productive operation with modernised irrigation design, and exceptional improvements to impress the professional farming family to continue the existing use 500 cow production or consider a beef production opportunity with very good infrastructure to suit. Excellent laneway systems and efficient use of irrigation water to suit either operation. The home and environment are impressive, accommodating family lifestyle well, with 5 bedroom indoor and outdoor dining, tennis court and gardens and a bitumen road frontage for the kids to ride to school or town, only 2 km West of Kyabram (on separate title). Current management have been successfully managing a 500-cow herd (all spring calving) feeding up to 1 and a half tonne of grain per annum with hay or silage as required, averaging 536 kg m/s at a stocking rate of 5 cows per hectares. The farm comprising 160 HA has a nice balance of pastures 19 HA of Lucerne, 34 HA permanent pasture (64 HA oversown to Italians / Shaftal), 12 HA sorghum, 10 HA wheat and 10 HA of dry land. The dairy herd and replacements can be purchased at market value and adjoining land leased 113 HA (16 HA wheat end, 62 HA rye and shaftal) will also be offered to the purchaser to continue lease on a first right or refusal basis. The soil type is good enough for fruit and vegetable production, and the location is so convenient. There are 10 crown allotments and several titles also adding value to the development (STCA). Peppertree farm has been well managed for many years and renowned to perform accordingly. As agents, we highly recommended the property as a going concern or for beef producers who value location.