Murray Goulburn milk supplier farms at Port Campbell set for auction

A significant dairy farm enterprise in the Port Campbell district has been listed by Ruralco for December 9 auction.

The sale is two adjoining farms with a combined land area of 266.35 hectares.

They are currently operated as one single farm unit, while each farm has a comfortable timber family home on the respective properties.

It is located about five kilometres north of the Port Campbell township and seventeen kilometres south of Timboon.

Major milk and cheese processing infrastructure is available nearby, while the farm is currently a Murray Goulburn supplier.

The eastern property fronting Eastern Creek Road comprises an area of 159 hectares and includes a 40-unit rotary dairy dating from 2007 with a 12,000 litre milk vat, 360 cow capacity yard and a 30 tonne capacity feed silo.

The adjoining second holding of 107 hectares also includes an older style 15-a-side double-up herringbone dairy with a 6,200 litre milk vat, a 250 cow capacity cow yard also a 30 tonne capacity feed silo and a Dairy King feed system.

This dairy was last used for milking in August 2013.

It is judged as being ideal for a farm employee or manager by Ruralco Property agent Peter Worden.

The entire property is currently being operated under the management of Simon Richardson, who says he is comfortably milking up to 300 cows, but with some further investment in development this could be increased to about 600 milkers.

Worden says that the auction is to resolve financial matters relating to a corporate owner.

He anticipates a sale price in the region of $2.6 to $2.9 million.

"I think everyone appreciates that the dairy industry has faced difficult conditions in the main beyond the control of the individual family farm or dairy operator," Worden said.

"This auction is to clear a path forwards and under more normal dairy industry conditions offers of this nature would not be occurring."

"Ï think this offer for sale needs to be judged as an opportunity at what is likely to be close to the cyclical low of the industry and this is a well-regarded and highly productive dairy district of Victoria."

The website www.weeona.com.au has the offering.