Listed through Elders Real Estate Wangaratta the agribusiness is located in the King Valley district and is currently available for purchase on a walk-in, walk-out basis.
The vendor is Professor Bob Officer who has just turned 80.
“And thus, is a keen seller,” the real estate agent said.
“On offer is a three-property farm aggregation totaling 847 ha, a Wagyu and complementary Wagyu Angus herd of approximately 1300 cattle, multiple homes including the quality Guildford Bell-designed six bedroom main homestead, plus all operating equipment and machinery.”
Dr Officer started out as a hobby farmer while working in academia.
After finding the King Valley reliable and highly productive he started acquiring other district properties as they came on the market.
The genetic quality of the cattle herd, alongside the value of the properties, means this sale is expected to appeal to corporate and high-net-worth buyers.
The brand name of Moyhu Wagyu is also up for private sale on a walk-in, walk-out basis inclusive of all property and livestock and operating assets.
Elders Real Estate Wangaratta selling agent Michael Everard said the properties were within easy reach of alpine resorts, wine and food destinations and “progressive regional town centres like Wangaratta, Benalla and Myrtleford”.
The main farm, Leatam, features an intensive feed pad area, hay and machinery shedding, plus well-designed cattleyard infrastructure and a three-bed resident manager home.
The main residence includes an in-ground saltwater pool, extensive gardens and orchards.
Existing staff including the farm manager of 25 years and an overseer who both live on the properties will continue to work on the farm after sale alongside another employee who lives locally.
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