More than 1,800ha of premium farming land held by one family for three generations near Geelong is being offered to the market for sale.
CBRE Agribusiness and Richardson Real Estate have been appointed to steer the marketing campaign for Woolbrook - a historic property adjoining the township of Teesdale that has been owned and farmed by the Morisson family since 1910.
Located 25km (lineal) from Geelong and 79km (lineal) from the Melbourne CBD, Woolbrook currently operates as a mixed farm producing dryland crops (cereals and oilseeds) and prime lambs.
The property features a stunning bluestone homestead set within established gardens, as well as a tennis court and in-ground swimming pool. Additional structural improvements include three dwellings, a five-stand raised board shearing shed with adjoining yards and extensive rural shedding.
Operational infrastructure includes high quality fencing, all-weather laneways and reticulated stock water to each paddock.
CBRE’s Danny Thomas, Duncan McCulloch and James Beer, conjunctionally with Richardson Real Estate’s Ken McDonald, are managing the Expression of Interest campaing, offering the property in either one line or as separate lots.
“Woolbrook is a flagship Western Victorian rural holding, which will be highly sought after in the current market,” Mr Thomas said.
“Not only does the property border the Teesdale township, but it is also a short distance from Inverleigh and Bannockburn, as well as Geelong. A portion of the land has also been earmarked for future low density residential subdivision.”
He added: “The property is also predominantly level to gently undulating in topography, and is benefited by reliable rainfall and productive soil types.”
For further information, contact Danny Thomas +61 439 349 977.
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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.