Historic Moorunga farm seeking $17 million-plus offers
A historic farm in Tuerong on Victoria's Mornington Peninsula, is available for purchase for the first time since 1939, seeking offers in excess of $17 million.
The farm is an operating Angus stud and crossbred sheep farm, and is one of the last remaining large farms operating in the Mornington Peninsula.
There are a number of schools, as well as Toorak College and a TAFE close by.
In addition, there are a number of wineries, restaurants, galleries and golf courses in the Tuerong vicinity.
It is about an hour’s drive from Melbourne CBD, and the Mornington Freeway is within 4km. Safety Beach and Point Leo are minutes away from the property, while Sorrento and Portsea are a 20-minute drive away.
Moorunga Farm at 80 Old Moorooduc Road, Dromana is being sold in three stages.
The first stage up for sale is Males Block, a 133.85h (330 acre) block on one title, with possible subdivision into three separate 110 acre titles (STCA), for $6.6 million.
Males Block offers 200 acres of permanent pastures broken up into 11 paddocks, most of which are serviced by central graveled laneways. These paddocks are suitable for cattle, sheep, horses, goats, or vineyards.
This block also offers unobstructed views to Port Philip Bay, and contains a number of house sites.
No houses or dwellings have been constructed on the site, except for a hay shed.
Homestead Block, which spans 212 acres, will be for sale at the second stage for $5.5 million. It comprises a main house with five bedrooms and two cottages, four machinery sheds, a butcher’s shed, sheep yards, a shearing shed, a pump shed, and a netted fruit and nut orchard.
The final stage will see the 157 acre Irrigation Block being sold, which is asking for $5 million.
It is listed for sale by Michael Phoenix from RT Edgar on behalf of Moorunga Farm director and owner Bruce Brockhoff.
Moorunga farm is being sold because Brockhoff wishes to retire, and to take the opportunity to see his daughter compete in the upcoming Winter Olympics.
Current Victorian farm offerings, including a 180-hectare holding at Camperdown Victoria (pictured above), 194 kilometres south-west of Melbourne. The farm is described by First National Real Estate agents as an "outstanding, high-productive, well-balanced dairy farm situated in prime tightly held area". The property is for sale at $2,447,500, representing $5,500 per acre or $13,597 per hectare.
A 186-hectare irrigation dairy farm (pictured below) in Yarram District is rated a 300-cow farm. It's for sale at $3,600 per acre, or a total of $1,652,400.
