One of South West Victoria’s largest and most versatile grazing properties is being offered for sale.
Kaladbro, owned by Hassad Australia, comprises approximately 2,632 hectares of contiguous land and is currently utilised as a livestock finishing hub, fattening both cattle and sheep.
Located approximately 22 radial kilometres north-east of Mount Gambier, a key regional centre and transportation hub, the property is close to the Port of Portland, saleyards at Mount Gambier and Hamilton and processing facilities at Warrnambool.
Approximately 440 hectares of Kaladbro has been developed to a combination of centre pivot and flood irrigation and the property features a 7,471 megalitre Ground Water Entitlement, providing excellent opportunities for irrigation.
Operational improvements comprise an undercover sheep feedlot (approximate 8,000 lamb capacity), eight stand shearing shed, approximately 750 tonnes of grain storage (comprising both silos and a grain shed), numerous sets of sheep and cattle yards and various machinery, hay and storage sheds.
CBRE’s Danny Thomas and Duncan McCulloch have been appointed to conduct the sale.
Mr Thomas commented: “Kaladbro is an investment grade asset, well-located in South West Victoria. Prior to being acquired by the current owners, the property was held by the Mackinnon family since the 1850s. It is incredibly rare for landholdings of this scale that have such a unique history in the Australian agriculture industry to present themselves to the market.”
He added: “The property features a combination of extensively developed improvements, high quality soil types, excellent climatic characteristics and outstanding operational infrastructure. The substantial Ground Water Entitlement of in excess of 7,000 megalitres also offers the opportunity to undertake significant further development of the property.”
Kaladbro is being offered for sale via a forthcoming Expression of Interest campaign.
For further information, please contact Danny Thomas on 0439 349 977.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), 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 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 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.
