Melbourne, 24 August 2015 – A 714 hectare landholding located just outside Melbourne’s Urban Growth Boundary is being offered to the market for the first time in over a century.
Glengarry Station is one of Australia’s most historically significant holdings, having been progressively acquired by current owners the McDonell family since 1861. The surrounding Darraweit Guim area is well-renowned throughout Australia as being home to a number of noteworthy agricultural pioneers, many of whom have gone on to control some of Australia’s largest agricultural holdings.
CBRE’s Danny Thomas, Duncan McCulloch and James Beer, in conjunction with Elders agents Nick Myer and Ron Rutledge, have been appointed to market the flagship property.
Mr Thomas said the property’s location and extensive road frontage would appeal to land bankers looking to capitalise on the rapidly expanding population of Melbourne’s northern growth corridor.
“Glengarry Station represents a unique opportunity for an incoming purchaser to acquire an extensively developed and highly productive mixed-agricultural enterprise with substantial future development upside.”
“The property is only 43 radial kilometres from the Melbourne CBD and is one of the largest individual landholdings in the Macedon Ranges Shire, offering an array of potential development opportunities, including subdivision, equine, tourism, leisure and hospitality, to name a few.”
Glengarry Station comprises a substantial grazing and dry land farming operation, running a combination of sheep and cattle, with approximately 320 hectares available for high quality cropping.
The property is underpinned by extensively improved pastures, favourable soil types and climatic conditions, outstanding water supply and extensive double frontage to the upper Maribyrnong River, high quality fencing infrastructure and a laneway system providing ease of access.
Improvements include a Marcus Barlow designed three bedroom homestead set amongst manicured gardens designed by Hugh Linaker, an additional three bedroom residence, worker’s cottage, workshop and machinery shed, cattle yards, a four stand raised board shearing shed and 5,000 head sheep yards.
Glengarry Station is being offered to the market via an International Tender campaign, closing Wednesday 28 October at 4pm AEST.
For further information please contact Duncan McCulloch of CBRE on +61 416 047 484 or Nick Myer of Elders on +61 427 610 278.
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