Avington is located in central Victoria’s Macedon Ranges region.
  • Avington spans 1,196 hectares
  • One of only a few luxury merino wool fibre producers globally
  • The historic average annual rainfall is 755mm, which allows for pasture across almost the whole year

A luxury fibre-producing enterprise in the Macedon Ranges, which has won a range of awards, has been listed for sale.

Avington, which spans 1,196 hectares, is the current grazing platform and breeding ground for Avington Merino, one of just a handful of global luxury merino wool fibre producers.

Established in 1996 by Noel and Lyndsay Henderson, Avington Merino was founded to harness the couple’s passion and commitment to the use of ethical farming practices to produce high-quality superfine and ultrafine merino wool.

Interest in the sale is expected to be underpinned by the exclusive supply agreement that Avington has with European textile manufacturers.

Fully-integrated enterprise

avington internal
Image supplied.

The Sidonia Road property is located just 75 minutes from inner city Melbourne. It includes an architect-designed main residence, other accommodations and sheep handling facilities. In addition, there is water security, operational efficiencies and pasture development.

Shane McIntyre and Matt Childs of CBRE have been appointed to manage the company

“Avington has been developed and maintained over the past 25 years by the Henderson family to be a highly improved, world-renowned enterprise, Mr Childs said.

“The level of quality in the infrastructure, technology, animal welfare, brand reputation, and operational efficiencies is rarely found in assets of this nature.”

87% of the site is classed as a high-quality arable and grazing area, and includes a reliable and fully automated stock water system.

Given its 520-metre elevation, the historic average annual rainfall is 755mm, which provides pasture for most of the year. The property also has a 15,000 dry sheep equivalent (DSE) carrying capacity.

Avignton is being offered on a walk-in-walk-out basis, inclusive of current plant and equipment inventory, including the entire superfine and ultrafine sheep flock. Or, it can be purchased on a bare land basis.

“The purchaser of this asset will have no further capital expenditure for decades due to the high quality of Avington. Fencing, pastures, water harvesting and environmental strategies have all been thoughtfully harnessed together to create a highly productive sustainable enterprise,” Mr McIntyre added.

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.