Benalla

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Inglebar and Woolpress, two adjoining properties at Baddaginnie near Benalla, have been listed for sale.
The holdings adjacent to the Hume Freeway have been consolidated and farmed as a beef breeding and grazing enterprise by a Melbourne based owner since 1966.
They have been developed in terms of infrastructure and farming services, pasture development and water resources.
Ruralco Property agent Michael Everard says that the vendor acquired Inglebar almost 52 years ago and then bought the adjoining Woolpress holding having acquired as well a herd of Angus heifers carrying the impressive Landfall Angus bloodlines from Tasmania.
“Subsequently an Angus herd has been built up without the introduction of any outside bloodlines or breeder cows that today could be up to 350 cows.
“The owner often elects to run on a substantial number of steers so that he has the ability to meet market demands including a long association he has formed with a prominent feedlot.
“A recent shipment leaving the property for the feedlot amounted to 115 steers”.
The property is held in sixteen allotments and has excellent water resources with some twenty paddock dams.
There is a gravity feed stock trough system throughout the twenty three paddock subdivision operated as a pressurised system.
There are double frontages to the Woolpress and Folly Creeks.
An effective laneway layout traverses the holding affording all weather stock movement for access to the cattle yards and for heavy vehicles.
Significant investment has been made in pasture improvement with a regular fertilizer and lime regime and introduction of ryegrass and phalaris based pastures.
The vendor says that the current four hay sheds are fully stocked and he has already cut another 428 big bales off two paddocks in recent weeks that are now also under cover.
The significant installed infrastructure includes the hay storage facilities a fully operating set of steel and timber cattle yards plus a feed pad or weaner cattle yard area that is based on a sloping crushed rock surface with a 14 bale capacity feeder.
There is also a shearing shed and a set of sheep yards.
There are an additional two large enclosed machinery sheds plus fuel and pump sheds with all farm buildings having concrete floors and mains power connected and most capture rainwater into adjacent tank storages.
A family brick homestead located on the Woolpress portion has three double sized bedrooms with all services and facilities and has undergone an extensive renovation to open up all living and service spaces, to enable double glazed windows and doors to be added and has an area of 241 sqm, with a carport adding another 50 sqm.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/27/INGEBAR2.jpg" alt="">
The vendor affirms that the home provides very comfortable living inclusive of connected NBN, extensive domestic rainwater storage and it affords extensive exposure to local features including the distant Strathbogie Ranges.
Ruralco's Michael Everard says that the property has been ideally set up to meet the interests of the vendor who has combined a business career and extensive personal interests and regular travel with a lifetime interest in farming.
“There are good local contractors available to undertake all the seasonal on property tasks while a local farmer provides part time supervision and management services.
“The Inglebar-Woolpress farm combination is 200m kms from the City meaning the commute for a city based owner is two and a half hours all by the Hume Freeway.
“The buyer options here include full time hands on cattle breeding or sheep grazing, or strong appeal for a business person who wishes to have active input into the major farm enterprise decisions as well as enjoying all the pluses of rural living to suit.
“Whilst the Inglebar and Woolpress farms are uniquely set up there is still scope to further develop the productivity and for the purchaser to derive great personal satisfaction from implementing a new project
“Our vendor has indicated his willingness to consider a property exchange for ‘a large paddock on the Mornington Peninsula’ where he can teach his grandson the joys of cattle as well as horses” Everard says.
 
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jrobinson-rf4aSBido9

Inglebar-Woolpress beef cattle breeding near Ballina for sale

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The Benalla district farm of the late cattle industry leader Mike Burston sold at auction last week for $4.95 million to the award winning Wagyu beef producer, David Blackmore.
The property, East Mt Ada spans 610 hectares in the heart of Victoria's Broken River Valley.
Its Ruralco Property Hume agents Luke Marple and Brett Neilson had been expecting around $4.75 million.
Burston received an OAM last year for his services to the industry, having been on the Cattle Council of Australia for seven years.
His East Mount Ada was home to the Yallambee Poll Hereford Stud until its dispersal.
It had been farmed by Burston for about five decades after he moved from the southern Riverina.
Its carrying capacity was put as 6000 dry sheep equivalents (DSE) or 375 cow and calf units range.
Blackmore, whose beef is exported to around 20 countries, had been seeking farmland after abandoning a zoning and land use battle with the Murrindindi Shire Council at his 150-hectare Alexandra farm north of Melbourne.
This article was first published in The Weekend Australian.
 
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jchancellor-FAypfDUnLy

Wagyu beef producer David Blackmore buys Benalla district farm 

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The Benalla district estate of the late Victorian cattleman and industry leader Mike Burston has been listed for sale by his widow Lois.
The property, East Mt Ada, spans 610 hectares of mixed farmland split into 22 separate titles and sits in the heart of Broken River Valley.
In recent years the property has been the home of the East Mt Ada Merino stud. There's a hayshed, machinery shed, stockyards, a shearing shed and stables.
A 1960s architecturally designed homestead with four bedrooms sits on the parcel.
Ruralco Property Hume agents Luke Marple and Brett Neilson are marketing the property for an October 6 auction.
Burston received an OAM last year for his services to the industry. He was a member of the Cattle Council of Australia for seven years.
 
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Benalla district estate East Mt Ada listed

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Benalla is ranked as one of Victoria's slowest selling locations for townhouses, according to Investar’s latest market report.
The property investment firm states that an average two bedroom townhouse in Benalla can expect to be on the market for 458 days before being sold.
This is followed by Iverloch at 451 days and Shepparton at 403 days.
<table border="1" align="left"><tbody>
<tr>
<td>Suburb</td>
<td>Postcode</td>
<td>Dwelling type</td>
<td>Bedrooms</td>
<td>Days on market</td>
</tr>
<tr>
<td>Benalla</td>
<td>3672</td>
<td>Townhouse</td>
<td>2</td>
<td>458</td>
</tr>
<tr>
<td>Iverloch</td>
<td>3996</td>
<td>Townhouse</td>
<td>3</td>
<td>451</td>
</tr>
<tr>
<td>Shepparton</td>
<td>3630</td>
<td>Townhouse</td>
<td>2</td>
<td>403</td>
</tr>
<tr>
<td>Sehpparton</td>
<td>3630</td>
<td>Townhouse</td>
<td>3</td>
<td>388</td>
</tr>
<tr>
<td>Bendigo</td>
<td>3550</td>
<td>Townhouse</td>
<td>3</td>
<td>384</td>
</tr>
</tbody></table>
This list was produced using live on the market sales listing data.
It is also calculated by distinguishing between both dwelling type and bedroom number level. It is designed to identify the slowest moving suburbs based on the average days a listing spends on the market at a suburb and property type level.
High average days on market indicates that the market is turning over stock slowly which may indicate that demand is weaker than supply creating a stronger negotiation point for buyers.
Townhouses for sale at Benalla at the median price of $202,000 include a two bedroom townhouse at <a href="https://www.realestate.com.au/property-townhouse-vic-benalla-123601882" target="_blank">2/39 Market St</a> (above) that is for sale for $205,000. It last traded for $160,000 in 2014.
Similarly, a two bedroom townhouse at <a href="https://www.realestate.com.au/property-townhouse-vic-benalla-123146674" target="_blank">9 Riverview Road</a> (below) is for sale for $220,000. It last traded for $205,000 in 2011.
<img src="/images/2016/10/07/9%20Riverview%20Road.jpg" alt="">
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