Strathglen Station, Duncraig, Vasey: Trio of Victorian farms to fetch $27m-plus combined

Three Victorian farms have hit the market, which include a 390ha rural estate and a former Western District dairy. See the details.

A trio of separate Victorian farms have hit the market where they could field offers worth more than $27 million combined.

Jim and Glenys Osborne have listed for sale their 390.5ha cattle property Strathglen Station, in the state’s Murrindindi region, after more than 30 years of ownership.

Purchased as a relatively bare block, the couple have crafted the rural estate, building a four-bedroom homestead in 2001 and developing the farmland to carry 300-350 breeders in previous seasons.

Offers of $11.5 to $13 million are expected for the property, meaning it could fetch about $33,000 a hectare.

“We have loved creating something and making this property a viable operating farm,” Mr Osborne said.

Jim and Glenys Osborne are selling their Strathglen Station at Strath Creek.

“The garden is now a real eye-catcher and a feature, Glenys has poured her heart and soul into it.

“We have also planted about 23,000 gums across the property plus deciduous trees along the driveway and in the garden.

“It has been a hard decision (to sell) and emotional, but you have to make this decision with your head not your heart.”

The property is for sale via Noble Knight Real Estate with expressions of interest closing November 10.

Meanwhile in the Western District, the subsidiary of a Chinese dairy giant is selling the 366ha former dairy farm originally purchased about eight years ago.

Duncraig, a 366ha property at Branxholme, is for sale.

Tianjin Bright and Meng-De Dairy, the subsidiaries of the Shanghai-based company Bright Food, purchased the property known as Duncraig, using it to agist dairy export cattle.

Located at 6101 Henty Hwy, Branxholme, the property is expected to field offers worth $17,296 to $18,532 a hectare, meaning it could be worth $6.33 million in total.

Duncraig is for sale with the vendors deciding to sell the property to move on and pursue other interests.

JLL Agribusiness is handling the sale with expressions of interest closing on Friday, October 27.

Lastly, David Smith and family are selling their 629ha mixed farming property Brooklyn, located in western Victoria at Vasey, near Balmoral.

At Brooklyn there is a spacious three or four-bedroom weatherboard home with two bathrooms.

Purchased by the Smiths in 2005, the property was once part of the sprawling Glendinning Station, with the family running a sizeable sheep flock in recent seasons.

Offers about $14,825 a hectare, or $9.32 million in total, are expected for Brooklyn.

Elders Real Estate is handling the sale with expressions of interest closing Monday, October 23.

Earlier this month, more than 1650ha of southeast South Australian farmland hit the market as the Porter family listed the Childerley Park for sale.