6109 Kiewa Valley Highway Coral Bank VIC 3691

Expressions of Interest closing 5:00pm |26 August 2022

Size:
33 Acres - 13.4 Ha (approx.)

Location:
Only 67km from Albury/Wodonga, 19.5km to Mount Beauty, 49km from Falls Creek and 337km to Melbourne.

Introduction:
A truly tranquil and highly fertile parcel of high rainfall country ideal for horticulture and currently being operated as a green tea farm, the Barels Alpine Tea Farm speaks for itself when it comes to the quality it produces.
The lifestyle aspect of this property goes without saying with outstanding views down over the Kiewa River and to the northeast alpine areas and in particular Bogong and Falls Creek.
The property also boasts the rare aspect of having three (3) dwellings opening up a world of possibility with extra accommodation and or hospitality ventures.

Residences:
Main residence - The main home has been tastefully updated over the years to create a comfortable family vibe, with spacious living areas and quality kitchen as well as updated bathroom and ensuite. Combustion wood heating and split system air conditioning. The front deck allows the opportunity to really soak up and enjoy Kiewa Valley life.

2nd residence - Positioned away from the main residence this residence is located with just as special a view of the valley beyond, in need of some refurbishment would be ideal for a long term or short term rental or to create farm stay accommodation.

3rd residence - Similar to the 2nd residence is in need of some refurbishment but being more of a cottage style and also perfect for long term or short term rentals.

Gardens and Surrounds:
The gardens can be described as well planned and low maintenance including fruit trees and rich soils providing a great vegetable patch.

Land:
Magnificent deep loam soils gently sloping down to the east highly fertile soils perfect for horticulture of any form and whilst currently being utilised to produce green tea has previously operated over a long tenure as a tobacco farm (please note this property is not contaminated with DTD or Dildren). The property is focused on horticulture but would readily transfer into a small livestock venture.

Water:
Supply of water is a feature of this property being high rainfall as well as having 77 megs of irrigation (Kiewa River) and a 7 megs stock and domestic ensuring that the water for this property is always on hand. A large spring dam at the western end of the property provides water for the gardens and surrounds and a beautiful stream runs through the entirety of the property.

Irrigation:
The property is under pop-up sprinkler irrigation allowing for a low maintenance management approach, as well as frost protection systems to ensure the high productivity of the farm year in year out.

Working improvements:
The working improvements are heavily favoured towards the horticulture industry and include.
- Large machinery shedding as well as lock up shedding.
- Three (3) x tobacco kilns.
- Pumps as relates to the irrigation and watering systems.
- Automated pop-up sprinkler system.
- Programmed frost protection system.

As well as optional inclusions being the farm machinery used to operate the property.

Green tea production:
The property currently has a further two (2) year contract with the Japanese tea company “ITO EN”, this is an optional contract and any incoming purchaser can continue this venture with harvesting equipment as well as training provided by the company.

“An interesting property with a lifestyle to be your own boss, reliable income and potential to grow into the hospitality industry”