Opportunity for expansion

Opportunity for expansion near Penola

Property
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Well situated only minutes from Penola, off Weirs Lane, Oakfield would make a great addition to any holding.

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Well situated only minutes from Penola, off Weirs Lane, Oakfield would make a great addition to any holding.

The property, which has been in the Hinze family since 1906, is a rare opportunity to purchase quality land close to the township in Penola.

Oakfield is being offered in three lots, totalling 128 hecatres (316 acres), with the main allotment of 49ha (120ac) of black loam soils over limestone boasting improvements which include a well appointed five bedroom home.

Oakfield will go to auction on Friday, February 26, at the RSL Hall Penola from 2pm.

The other two allotments are each 40ha (99ac) and are open grazing/cropping allotments including water improvements.

Lot 1, the larger of the allotments, is fenced into five main paddocks and the house and improvement yard.

This portion of the property is watered from the main bore.

Improvements on the land include:

  • Main homestead and old cottage;
  • Woolshed with attached implement shed;
  • Steel cattle yards with covered work area;
  • Timber framed machinery shed, hay shed, and other sundry small shedding.

Lot 2, 40ha (99ac), is black loam over limestone and is fenced into two main paddocks and watered via solar pump and situated off Hinze Lane.

Lot 3, 40ha (99ac), again a black loam over limestone grazing allotment, is fenced into two main paddocks and water via a single windmill.

This allotment has access off McWaters Road.

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