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For Salehouse

Katunga, VIC 3640, Australia
$990,000
3 bed 1 bath 2 car

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Area Price Guide
$930,600$1.05m

Indicative price guide range

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9
Comparable
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$650,000
Area median
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+52%
vs median
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1 month ago
Listed

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Designed to milk 400 cows year round this property has the potential to be a powerhouse of production with very solid returns. This medium sized dairy operation is perfect for those looking for a reliable operation to continue their dairy journey. The two main benefits of this property are its relatively new working improvements (dairy and bore) and its reliable water supply coming from 3 sources (bore, channel and drainage). Add to this the large 150 ML storage and you have a very reliable property with repeatable performance. Property Highlights Include: - A solid 575Ac (in 3 lots and rated at 97% arable) production base for any grazing system largely laid out to border check irrigation with Padman stops and Pipe and Riser Irrigation which can be easily automated. - 3 connections to the zone 6 Murray irrigation scheme. - Katunga deep lead electric bore producing approximately 12.5ML/Day. (252 ML Entitlement licence can be purchased in addition to the land sale). - A 150 ML on-farm water storage with lift pumps for accessing drainage or off allocation water. - A drainage access licence of 500ML per year. - A modern 50 Unit rotary dairy shed (640 sqm) with yard space for 500 head, backing gate and flood wash. - Good working yards with vet crush and loading ramp. - Large 15,000L Milk Vat - Back up diesel generator for dairy. - Solar installation at dairy - A complete feed system including 4 silos (40T each) and roller mill. - 4 Machinery Sheds including a lockable workshop area with concrete floor. - 3 weatherboard homes, one to each lot. - Water troughs in most paddocks. - Central laneway system for ease of stock movement. - Divided into approximately 40 paddocks. - Productive Clay Loam soils that are undergoing a process of deep ripping and renovation. This has proven to visibly lift productivity. Astute purchasers will recognise the productive potential of this property and the cost involved in establishing the many assets and the taxation advantages in being able to depreciate them. Contact Jason Haines- 0488 594 450 at McGrath Riverina to book your private inspection.

Property Features

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    Repayment calculator

    $4,799/month
    $2,400 /fortnight
    Loan $792,000 at 6.10% over 30 years

    Upfront costs

    Deposit$198,000
    Stamp duty$54,450
    Conveyancing (est.)$2,000
    Total upfront$254,450
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    2
    Listed
    1 month ago

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