Rodwells Ruralco Property in conjunction with Elders Real Estate have been appointed to sell by public auction on Friday 7 September at 11am at the Durham Ox Public Hall the local farming property known as Loddon Park, at 231 Groses Road Durham Ox.
With an area of 666 hectares, or 1645 acres, and held as effectively a rectangular farm block in four titles, the grazing and cropping property is just over an hour north of Bendigo with easy access off the Loddon Valley Highway and with the well set up township of Boort about twenty minutes to the west.
The property has been held by vendors Jeff and Kaye Leamon for the past thirty three years and they are selling to retire from farming.
Loddon Park is considered a showpiece property of the local district and amongst its features is a large irrigated cropping block of 242 hectares, or 600 acres.
Vendor Jeff Leamon says this is a development that has been completed over about fifteen years to include laser levelling for effective water distribution with high quality infrastructure features like concrete stops.
Although only a relatively small water right of about thirteen megalitres of high and low security water shares are included in the sale the property has double frontages to two backbone channels including seven delivery points.
Another important feature is a long direct frontage of about three point five kilometres to the Loddon River forming a major property boundary.
Over recent times the Leamon’s have run around twelve hundred Merino ewes mated to terminal sires in conjunction with a barley and clover cropping campaign.
Jeff says that the benefit with the clover is that it offers both hay and seed options.
The property currently has an internal subdivision into 16 paddocks with virtually all the fencing renewed since 2010 with concrete post and wire.
For the sheepmen there is a three stand shearing shed well equipped and OH & S compliant with adjoining steel yards and loading races that have been built over the last ten years.
Another valuable feature is the twenty eight square, or 290 sqm, brick family homestead offering five bedrooms and with a veranda on all sides.
It was built only six years ago to suit the Leamon’s needs by well known builder Hotondo Homes.
Four rainwater tanks store a reliable household supply plus a stock and domestic pipe into the GMW Channel provides for the irrigated garden surrounds as well.
Jeff Leamon says after buying the property in 1985 to relocate from the Latrobe Valley he is proud of what he and his wife have achieved at Loddon Park.
“I pride myself in how the farm has been developed and how its resources of location, production capacity and its natural features including the Loddon River frontage have been harnessed.
“And I still feel there is a lot of untapped production potential ready for the purchaser to capitalise upon with options to diversify the enterprise mix”.
Rodwells Ruralco Property selling agent Andrew Miller says that the auction presents an opportunity to secure a premier block of the Durham Ox district where farms are very tightly held.
“I would put pre-sale expectations within a range of $1,350 to $1,485 an acre as district holdings of the calibre and scale of Loddon Park at Durham Ox with the mix of dryland and irrigation are rarely on the market”.
Further property information: Andrew Miller Rodwells Ruralco Property on 0400 866 888 or Michael Everard Elders 0408 653 161.
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