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3699 Casterton-Penola Road

Lake Mundi VIC 3312

352.74 ha.
Rural
Currently for sale - view listing

Overview

'RUTHVEN' | Grass, Water & Proven Performance

Renowned grazing country near Penola—with the production to back its reputation. 352.74 Hectares or 871.61 Acres of quality grazing country earns its reputation through performance, and Ruthven has a strong story to tell. Situated just 21 kilometres from Penola, over the border towards Casterton, this renowned property combines productive soils, consistent growing seasons and substantial investment in the infrastructure that matters. For purchasers seeking a serious cattle operation, the current enterprise speaks volumes. Ruthven currently carries 345 cows and calves, with a further 80 steers grown out on the irrigated pivot country—demonstrating its ability to support a substantial livestock business. Careful management and sustained improvements have laid the groundwork for the next owner. Refencing, upgraded stock water points, pasture renovation across many paddocks and a new set of cattle yards complement a centre pivot installed in 2019. It is a property positioned for a purchaser to step in and get on with production. Grass-growing capacity is backed by 17 hectare centre-pivot irrigation and a secure 360 ML water licence included in the sale. This valuable combination provides flexibility to extend the growing season, strengthen feed supply and make more of the property’s productive potential. Rich loam soils also offer opportunities for hay production, potatoes and other value-adding crops or specialist pastures. Whether the objective is to expand an established grazing business, grow out additional cattle or secure a productive base for a new enterprise, Ruthven brings together the fundamentals: proven country, irrigation and practical, upgraded infrastructure. A recognised feature of the district, Ruthven represents a rare opportunity to secure a well-developed holding in this highly sought-after grazing area. Contact Mark De Garis for an inspection today 0428372124. For Sale by Expressions of Interest Closing 27 November 2026 5pm @ TDC Livestock & Property Penola Property Code: 1084

Features

352.74 ha. lot size
Rural

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Local market activity for rurals in Lake Mundi

In the last 12 months, 1 rural similar to 3699 Casterton-Penola Road, have been sold.

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