Located between Creswick and Newstead in a picturesque valley traversed by spring fed Joyce?s Creek this prime grazing country is being offered for sale for the first time in 50 years. The land varies from Rich Alluvial Creek Flats to stony rises. The property is currently running 1200 Merino Ewes which produces approx. $160,000 of gross income from the sale of lambs and wool. This is a great breeding or finishing property as the sunny valley offers protection from the elements with livestock thriving and giving max production for weight gain or wool production. Fenced into 20 paddocks with water via a trough system from the Springs on the property with Two sets of sheep yards to assist stock management. The pure spring water ensures healthy sheep and the springs have never gone dry in 50 years of current ownership.
The rolling hills and rich valleys give character charm and production. Whilst currently run as a sheep grazing enterprise Cattle would thrive here as many nearby properties run Black Angus.
The Vendors have reached retiring age and are genuine sellers and are prepared to give Vendor Terms to Approved purchasers.
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