The offer for auction of the rural property known as Holten at 480 O’Grady’s Road Kilmore by Ruralco Property’s local office is expected to attract local, interstate and even international buyer interest.
Some of the keys to the offer will include the land area of 130 hectares (or 316 acres) that is already held in six titles, the productive soils which have enabled the vendors to run an average of 40 cows and their calves plus additional replacement heifers over the last seven years, plus the high quality five-bedroom plus study architect designed and grandly proportioned homestead 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 (STCA) 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”.
Then there is the proximity and easy access to the rapidly growing Kilmore township about ten minutes away with its noted educational facilities particularly the Kilmore International School and Assumption College and other schooling facilities to suit all levels.
The home with an area under roof of some 600 sqm metres and a living building area of 350 sqm with verandas, a double garage and a four-vehicle carport with the resort style home sited to take in an expansive view of the surrounding ranges to the north.
Adjoining the house is a tiled in ground solar heated swimming pool together with a Plexipave full sized tennis court.
There is even a circular bitumen paved driveway with electric security access gate and a building security system for the home and the large farm workshop and machinery shed.
Water resources are not overlooked as town water is supplied by a private main, together with 120,000 litres of concrete tank storage for rain water, plus a 25,000-litre header tank for stock and garden use.
There are also 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 so the property is never short of water.
A submersible pump equipped bore provides another water resource for stock and garden supplies.
The home is equipped with high standard fittings, services and appliances inclusive of three bathrooms and a total of four toilets to operate as a functional true large family homestead.
The livestock facilities include a seven main paddock subdivision served by a laneway system with hay and silage cut each summer to suit the stocking rate.
The vendor says last summer he stopped hay and silage production when his estimate of livestock requirements had been met.
“These are highly productive soils with a block of about 20 ha (or 50 acres) with very good pastures that we reserve each year for hay or silage”.
Workshop and farm machinery needs are met by a 108 sqm building that is fully equipped with a concrete floor, three phase power, with a 4.6 kW solar system that delivers power back into the grid, saving about $2,000 off the annual power bill.
Over recent years more than 8.5 kms of new post and wire electric fencing has been added so the Holten holding is fully functional for the essentially Charolais cattle operation that the owners have successfully conducted.
Ruralco Property Kilmore’s selling agent Jeanette Laffan says that by any measure the Holten property is one of the highest quality and larger farm holdings in the periphery of the Kilmore township area.
“High production, the quality improvements of the homestead, the farm infrastructure and the location which favours a professional or a commuter is undersold by the potential future development potential of the 130 hectares.
“The Kilmore area continues to attract lifestyle and small acreage buyers who go on to build quality homes and enjoy the peace and freedom that these holdings provide” Jeanette says.
Further property information and an Information Memorandum is available at holten.com.au or on request to Ruralco Property Kilmore on 03 5782 0400 or their sales agent Jeanette Laffan on 0438 452 641.