Kilmore rural property expected to attract interest

Kilmore rural property expected to attract interest
Kilmore rural property expected to attract interest

Holten at Kilmore has been listed for auction by Ruralco Property’s local office who expect it to attract local, interstate and even international buyer interest.

The land area of 130 hectares is of productive soils.

It has enabled the vendors to run an average of 40 cows and their calves plus additional replacement heifers over the last seven years.

The 480 O’Grady’s Road property comes with a five-bedroom plus study architect designed.

Then grandly proportioned homestead comes with rendered brick veneer in a Tuscan style.

There is also the inherent future development potential as possible five acre or similar sized small holding and lifestyle subdivisions with quality homes that are already against the southern boundary of this holding.

The vendor says he bought the property with his wife in 2008 to pursue a farming interest as it was within a thirty-minute commute to Melbourne’s northern suburbs down the multi lane Hume Freeway.

But he says that reaching retirement age, having sold his professional practice, and seeing evidence that his physical energy resources are fading, the time has come to downsize.

“Owning and developing Holten, named in honour of my father, has been a great experience but we both feel that downsizing will be right course for the future.

“The next owner should be in a prime position to capitalise on the prospect to subdivide and develop this holding into smaller lifestyle lots which has been happening around us for some years.

He adds “one of the keys here is the location midway between the Kilmore East and Wandong railway stations which are already used by a growing number of city commuters each day, together with the Hume Freeway access to the northern suburbs”.

Adjoining the house is a tiled in ground solar heated swimming pool together with a Plexipave full sized tennis court.

There are seven catchment dams, Broadhurst Creek adjacent to the southern boundary and two annual creeks traversing the Holten property in a 650 mm plus annual rainfall average.

Ruralco Property Kilmore’s selling agent Jeanette Laffan says the expected price estimate for Holten is $2.75 million to $3 million.

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Rural Property Kilmore

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