This is a quality grazing block situated in the north of the island running from the Egg lagoon flats through to the west coast south of and in view of the renowned Lighthouse at Cape Wickham.
The property is in two main parcels with the heavy country at Egg Lagoon comprising roughly 60% of the farm. The Egg Lagoon country constitutes some of the finest on the island with the coast providing excellent balance to a property which requires minimal input while carrying 450 breeders plus replacement heifers. The country is flat at Egg lagoon with rolling coastal and semi coastal land as it approaches the coast. There is approximately 500 metres of absolute frontage to the coastal reserve on the west coast.
King Island has a regular and reliable rainfall history of from 800 to 1000 mm annually with mid summer to autumn being the drier months. The coast country provides grazing capability from mid to late autumn through to the drier months providing excellent winter feed and the capacity to lighten grazing on the heavier country.
Water for livestock is provided from bore and water hole pumped to a header tank and gravity fed to troughs at Egg Lagoon with ground water supply on the coast including year round running water to the coast on the coast block.
Infrastructure is sufficient to support a profitable beef grazing operation. The property has two residences, both in good condition and convenient to the operation of the farm and suitable for family occupancy.
The property has good aesthetic character with the flats at Egg Lagoon still green in late summer and rising to coastal dunes and with land fronting some of the island’s natural attractions in Lake Flannigan, Cask Lake, Wickham Lake and with views over the ocean and including Wickham Lighthouse with a further 500 metres or thereabouts frontage to the ocean on the west coast.
This is a property which has shown it can comfortably support a family enterprise with its combination of carrying capacity, minimal input requirement and excellent return and is well priced to clear in the current market.
The property is offered as a going concern with a successful purchaser having first option on livestock and plant and equipment as required.