180-acre grazing property in Melbourne's eastern outskirts sold for $3.05M ($17,000/acre).
A 180-acre grazing property in Melbourne's eastern outskirts has sold for $3.05 million, equating to nearly $17,000 per acre. Located near the South Gippsland Highway, the Monomeith farm includes a four-bedroom home, extensive fencing, water troughs, multiple dams, sheds, cattle yards, and a loading bay. Despite having a strong appeal to the lifestyle market, the property remains a working cattle operation for now.
June 25, 2024
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