CROPPING PROPERTY with TWO TENANTS PROVIDING RETURNS
This Mount Bute property offers a comfortable home in excellent condition with extensive shedding and silos with outstanding arable cropping country, let to a good farming tenant. The land is zoned Farm Zone (FZ) and is 330 acres 2 roods and 31 perches (approx 133.85 HA) and currently has two separate tenants. The 3 bedroom home is currently let to good reliable tenants, who would stay on, if required. The acreage is tenanted separately to farmers who crop the land and pay per acre per annum. The land is very arable with excellent water supply via 8 dams, a creek and two large tanks for the house. Fencing is exceptional and mainly new, infrastructure includes 6 silos, 2 machinery sheds, hay shed, woolshed, garage and established garden. This property, located just 60km from Ballarat, offers an excellent opportunity to start out, add to an existing holding or purchase with Income already generating for your Self-Managed Super Fund. Current crops harvest will be completed by January 2014 and a new lease could be negotiated.
Genuine Sellers.
The size of Mount Bute is approximately 65.1 square kilometres. The population of Mount Bute in 2016 was 58 people. By 2021 the population was 61 showing a population growth of 5.2% in the area during that time. The predominant age group in Mount Bute is 20-29 years. Households in Mount Bute are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Mount Bute work in a managers occupation.In 2021, 90.50% of the homes in Mount Bute were owner-occupied compared with 81.30% in 2016.
Mount Bute has 35 properties. Over the last 5 years, Houses in Mount Bute have seen a 38.49% increase in median value. As at 30 November 2025:
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