A 573ha livestock and cropping farm in Victoria’s East Gippsland region is being offered for sale for the first time since 1884.
The picturesque property just outside of Stockdale, near Stratford, was established as a mixed-livestock operation and has been owned by the Boyd family across four generations.
Current owner John Boyd was raised at the site and, other than one portion of the property changing hands briefly in the 1950s, the holding has never been offered for sale.
Today, Stockdale Park is a broadscale sheep or cattle breeding/fattening and support cropping operation within a tightly-held region.
Of the total landholding centred around Munro-Stockdale Road, 493ha is arable and 550ha is grazable, with conservative capacity estimates placing the property at 5,000 DSE.
CBRE’s Matt Childs and James Auty have been appointed by the Boyd family to manage the sale campaign, with the asset available in one line or as four separate properties and Expressions of Interest invited by October 5.
“The Boyd family selected this land in the 1880s and has nurtured and developed the property across four generations,” Mr Childs said.
“Stockdale Park offers spectacular views with mountain ranges in the background, remnant native timbers and the Providence Ponds, while its northerly aspect and generous scale offer enviable productivity, ease of management, reliability and diversity.
“Rarely do investment opportunities of this calibre become available.”
Stockdale Park is 24km north-east of Stratford and 50km west of Bairnsdale, with the Perry River and Providence Ponds running through the holding to provide a reliable water supply alongside nearly 50 catchment dams.
The primary three-bedroom residence was built in the 1950s, with Stockdale Park also featuring an outdoor entertaining area, manicured garden and concrete tennis court.
Built in 1884, the original ‘Glenorie’ timber homestead remains at the site and offers the scope for an additional three- or four-bedroom homestead following renovation.
Working improvements at the property include a three-stand shearing shed, sheep and cattle yards, shedding and water supply in each paddock, and two solar-power systems.