Kangertong
The farm has been run by four generations of the Woolley family since 1919.. Image supplied.
  • Kangertong spans 261 hectares
  • The farm produces over 3.7 million litres of milk annually, along with 270,000 kg of milk solids
  • Offers of $9 million are expected, says CBRE

An award-winning dairy operation in Victoria’s Warrnambool region that has been with the same family for over a century has been listed for sale.

Kangertong, which spans 261 hectares at 1626 Hopkins Highway in Purnim, has been run by four generations of the Woolley family since 1919.

The current owner of the property is Lisa Dwyer, who operates the property with her husband Eddie. She is the great-granddaughter of James Woolley who established the farm.

The vendor is currently a leading participant in the Diary Farm Monitor Project, which is run by Dairy Australia and Agricultural Victoria. It has a highly-productive operation producing an excess of 3.7 million litres of milk and 270,000 kg of milk solids annually.

Kangertongy’s dairy herd has also received the Gold Award at the Australian Milk Quality Awards three times since 2016.

cows
Image supplied.

The diary complex itself consists of a 40-bail rotary and 420-cow yard with a newly-installed flood wash system, accompanied by Allflex digital cow monitoring linked to milk production software and an auto-draft gate.

Improvements made include shedding, a transition feed pad, a recently renovated three-bedroom managers residence and a main four-bedroom residence.

Matt Childs and David Goodfellow of CBRE have been appointed to mange the sale on behalf of the Dwyers. Expressions of interest are invited by November 3.

“In Kangertong, the Wooley and now Dwyer families have developed an industry-leading dairy operation with elite production over the course of more than a century,” Mr Childs said.

“South West Victoria is recognised as one of Australia’s most productive agricultural regions due to its climate and soil types, and rarely are properties of this calibre offered for sale in the region.”

98% of the 261-hectare site is a high-quality arable area including 34.4-hectares of irrigation. The majority of the property is underpinned by rich dark brown and grey loam and clay soils.

Its pastures, on average, produces 10 tonnes of dry matter per milking hectare that is grown on the dryland area.

The Warrnambool Airport, which is nearby, receive average annual rainfall of 786mm.

It is being offered on a walk-in-walk-out basis, inclusive of current inventory of plant and equipment, and entire cattle heard.

Offers of over $9 million are expected.



You May Also Like

Australia’s return to office continues to shine as the US stagnates at 50 per cent of pre-Covid levels

The Australian office market records improved office occupancy while the United States lags behind on the return to office.

Work from home is here to stay, and Australia’s secondary offices are at a turning point

Secondary office assets face challenges with poor uptake and declining values, especially in B and C-grade properties.

Why Australia needs more industrial assets to boost productivity and growth

A new report reveals that Australia’s industrial assets handle over $1.2 trillion worth of products annually.

Sydney’s retail sector continues to improve, with one area boasting zero vacancy

Vacancy rates for Sydney’s prime retail core have dropped to 8.3%, with the one area recording vacancy rates of zero.