1284 Nareen Road Nareen VIC 3315

Sold $980,000

Property Type

Mixed Farming

Land area approx

50.00ha

Region

South West

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Nareen1284 Nareen Road
6
3
2
50.00ha
Sold $980,000

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Established flower farm with multiple income streams

Flowers Horse Irrigation Shearing shed Shed Views Forestry Fenced Cattle Income Yards Horticulture Lifestyle Stable

Wallabadah is a 124 acre/ 50ha (approx.) property offering multiple income opportunities. At present, the property is operating as a successful flower farm, with the opportunity to expand the business beyond $200,000 per year income.

With its fertile and well drained soils, Wallabadah is currently growing around 12 acres of cut flowers, including proteas, king proteas, spinning wheels, blushing brides. The property is blessed with a small private lake and irrigation licence, assisting a number of income streams, potentially including vegetables, lucerne, aquaculture and lot feeding cattle or lambs.

The property also features a substantial family home, offering four bedrooms, two bathrooms and three living areas. The open plan kitchen, living and meals has gas cooking, along with a dishwasher and walk-in pantry, while a separate, formal lounge has a cosy appeal, with a stone fireplace and French doors showcasing garden views.
There is an ensuite and walk-in robe in the spacious master bedroom and a further three large bedrooms, two with built-in robes.

The addition of a separate, self-contained double storey two-bedroom bungalow at the rear of the main home provides the owners with further accommodation for family members or the potential to rent out and generate further income.

The property is divided into 14 fenced paddocks including horse paddocks with laneway and also features machinery sheds, three stand shearing shed with under cover yards, timber cattle yards and loading ramp, flower packing shed, Olympic size dressage area, stable and tack room.

With the school bus available, this family-friendly property offers buyers with the country lifestyle, along with the requirements to run a productive horticulture venture with the capacity for further growth.

Nareen is situated approximately 25 from Coleraine, with the larger centres of Hamilton (60km) and Mt Gambier (105km) also close by. Inspections are strictly with the selling agents.