Fully integrated fine wool enterprise for sale

An award-winning luxury wool fibre-producing enterprise in central Victoria’s Macedon Ranges region has been listed for sale.

Spanning 1,196ha, Avington is the current breeding and grazing platform for Avington Merino, one of the few global producers of luxury merino wool fibres.

Vendors Noel and Lyndsay Henderson established Avington Merino in 1996, harnessing their passion and commitment to using ethical farming practices to produce high-quality superfine and ultrafine merino wool.

Avington has an exclusive supply agreement with European textile manufacturers, which is expected to underpin interest in the sale.

CBRE’s Shane McIntyre and Matt Childs have been appointed to manage the campaign, with Expressions of Interest invited by December 8.

Located 75 minutes from inner city Melbourne, the Sidonia Road property includes an architect-designed main residence, other accommodations, and sheep-handling facilities, in addition to water security, operational efficiencies, and pasture development.

“Avington has been developed and maintained over the past 25 years by the Henderson family to be a highly improved, world-renowned enterprise. The level of quality in the infrastructure, technology, animal welfare, brand reputation, and operational efficiencies is rarely found in assets of this nature,” Mr Childs said.

Of the 1,196ha site, 87% is classed as high-quality arable and grazing area and includes a fully automated and very reliable stock water system.

At 520m elevation, the historic average annual rainfall is 755mm, providing pasture for much of the year. The property has been developed with state-of-the-art operational infrastructure and has a 15,000 dry sheep equivalent (DSE) carrying capacity.

Avington is being offered for sale on a walk-in-walk-out basis, inclusive of the current inventory of plant and equipment and the entire superfine and ultrafine sheep flock or can be purchased on a bare land basis if desired.

“The purchaser of this asset will have no further capital expenditure for decades due to the high quality of Avington. Fencing, pastures, water harvesting and environmental strategies have all been thoughtfully harnessed together to create a highly productive sustainable enterprise,” Mr McIntyre added.