For Sale: Landmark Mixed Farm With Strong Water + Infrastructure

Historic Property For Sale A Proven + Versatile Farming Enterprise

This is truly a historic rural property for sale. Once part of the renowned D.I Watt land holdings – and the resting place of the legendary racehorse Tulloch, this is a rare opportunity to take stewardship of a landmark agricultural asset.

Held by the Lambert family since 1978, this property not only offers a unique chance to own an important part of Australia’s sporting heritage, but a proven and versatile farming enterprise with strong underlying productivity and scope for further development.

This mixed farm for sale VIC is a proven and versatile farming enterprise with strong underlying productivity 

Known as ‘Old Gowang’ – comprising ‘Old Gowang’ and ‘Avon Hills’, the aggregation is a well-balanced, productive mixed farming enterprise situated in the tightly held, highly regarded Coonabarabran district of Victoria.

Spanning a total land area of 1,288.92 hectares (3,184.93 acres), the property offers an attractive balance of cultivation and grazing country, with approximately 400 hectares (33 per cent) arable land suited to cropping and pasture improvement.

This mixed farm for sale VIC operates as a successful mixed sheep and cattle breeding/fattening enterprise

‘Old Gowang’ varies in elevation, running from productive cultivated creek flats to gently sloping/undulating and steeper areas of soft grazing country. There is a good scattering of timber along the creeks and throughout the property plus ideal areas for livestock shelter.

Underneath is a mixture of heavy black, chocolate brown and red basalt soil types with some loam intrusions suitable for winter grain production, annual fodder cropping and improved grazing pursuits. The arable areas are normally planted to fodder crops for grazing or hay production, while the balance comprises mainly native base pastures with a strong legume base.

This mixed farm for sale VIC offers an attractive balance of cultivation and grazing country

Currently, ‘Old Gowang’ operates as a successful mixed sheep and cattle breeding/fattening enterprise normally supporting 2,500 ewes and 100 cows plus their progeny. Livestock production could be increased through pasture improvement and fertiliser application.

Supporting the cropping and grazing operation is quality infrastructure. The property is subdivided into 30 main paddocks with additional smaller paddocks located close to the improvements. In recent years a fencing program has been implemented providing approximately six kilometres of new internal and boundary fences. The fencing is in sound, stock-proof condition.

This mixed farm for sale VIC boasts well-equipped steel cattle yards and a large set of sheep yards

Well-located steel cattle yards feature numerous holding/drafting pens leading to a round yard, race, large covered working area with RPM crush and loading ramp. A large set of steel sheep yards, located beside the shearing shed, include a long, raised race ideal for classing and inspecting hooves. There is an older set of timber yards located at ‘Avon Hills’.

‘Old Gowang’ also boasts extensive shedding infrastructure including a steel workshop with three-phase power and shelving, a 30m x 20m steel shearing shed with three-stand Lister overhead plant and access to undercover shedding, a 16m x 12m enclosed Widespan steel shed, a 12m x 7.5m Widespan stable/poddy shed (with drive-through access), a 20m x 7m Widespan shed (with six open bays), and a timber frame, steel roof open-sided hay shed.

This mixed farm for sale VIC boasts extensive shedding including a steel workshop with three-phase power and shelving

The property is equipped with two 140-tonne Lysaght galvanised steel silos with concrete bases, one 50-tonne Lysaght galvanised steel silo with concrete base, and one 30-tonne steel silo with concrete base.

Complementing the property’s natural advantages is substantial water infrastructure, including three solar pumps – two servicing wells and one a bore – along with electric equipped bores. The five water sources supply four tanks (225,000 litres, 115,000 litres, 22,500 litres and 20,000 litres) which then gravity-feed to numerous troughs, other tanks and garden water.

This mixed farm for sale VIC benefits from substantial water infrastructure, including equipped wells and bores and 22 dams 

The property also benefits from high average annual rainfall of 750mm spread evenly throughout the year, 22 good-sized earth dams (some spring-fed), and access to the Gowang Creek and tributaries which have semi-permanent water holes. The extensive system provides excellent water security with further development potential.

What’s more, ‘Old Gowang’ features multiple residences, including a principal homestead, a renovated cottage serving as the primary residence and a secondary homestead. The homestead on ‘Old Gowang’ was built in the late 1800’s and is located close to most of the improvements. The four-bedroom homestead retains its original character and has not been updated with modern amenities. It includes a meat house, garage, stables, garden shed and laundry shed.

This mixed farm for sale VIC features multiple residences, including a renovated cottage serving as the primary residence

A tree-lined driveway provides access to the tastefully renovated cottage which is used as the primary residence. The cottage, which was renovated in 2024, is nestled within a well-established garden and sits alongside Gowang Creek and offers four generous-size bedrooms, a large living area, open kitchen/dining area, new bathroom and ensuite, freestanding fireplace and office. A three-vehicle bay garage plus storage room and open area are located within the garden setting.

The five-bedroom ‘Avon Hills’ homestead is predominantly used by contractors and would benefit from renovations if it were to be used permanently.

This mixed farm for sale VIC boasts strong water security, quality infrastructure and scope for further productivity gains

Strategically located 33km west of Coonabarabran, 140km north-east of Dubbo and 210km west of Tamworth, ‘Old Gowang’ benefits from convenient access to livestock markets, services and regional infrastructure.

With strong water security, quality infrastructure and scope for further productivity gains, the property is ideally suited to both existing operators and investors seeking scale, reliability and long-term potential.

‘Old Gowang’ is offered for sale by Expression of Interest closing at 5:00pm on Friday, June 12, 2026. Click on the following link for more information on this rural property for sale at 229 Gowang Road, Coonabarabran, NSW.