Proposed highly desirable lifestyle block with views close to Benalla

Lot 2 110 acres $499,000

A 110 acre parcel of rural land being a part of a proposed subdivision into four lots that is roughly midway between Benalla and Wangaratta but only five kilometres east of the Hume Freeway exit at Winton.

The property on the old Greta Road at Lurg is part of the larger Shambara farm property and has been held by the vendor family for over twenty five years.

Currently held in one title, the vendor is in the process of subdividing into four highly desirable lifestyle lots. Completion subject to approvals is anticipated in Dec 2020 allowing for extended settlement terms for prospective buyers.

Used currently as a grazing, part cropping block, with a mix of gentle undulating to rising country. The vendor has run sheep and cattle on the holding and cropped portions as well as implementing a pasture improvement program in the past.

The landform is attractive with treed fence lines and internal shelter blocks.
There is an existing subdivision into seven paddocks with post and wire fencing in fair to excellent condition.

There are eight full catchment dams on the property, most having been recently cleaned out, and the vendor advises the local average annual rainfall is 700 mm: he believes there is substantial untested groundwater potential as well.

The property holds a long single frontage to the old Greta Road and has easy access off the Hume Freeway at the Winton interchange with bitumen most of the way to the holding.19 Kms Benalla 29 Kms Wangaratta

This is a large parcel of land with farming potential as it sits. However, the local area and properties that adjoin this block are largely smaller acreage residential holdings with typical sizes of 40 hectares or larger (or say 100 acres or larger).
"There are many attractive home sites with impressive views on the land form with power available to within about 200 metres of the existing road boundary.

For more property information or to express interest in a proposed lot contact Elders Real Estate north east agent Michael Everard on 0408 653 161.