For Sale by Expressions of Interest Closing 4:00pm, Friday 20 February 2026
Presented to the market for the first time in 96 years, Primrose Gap is a landmark 1,800-acre (approx.) opportunity in one of Victoria's most pristine and tightly held regions. Set at 914 Target Creek Road, Licola, this rare large-scale holding combines natural beauty, agricultural strength, and significant long-term potential.
Located at 914 Target Creek Rd, Licola. Its proximity to the Victorian High Country, Licola's rare status as a 'Privately owned town', making properties in this region tightly held and highly sought-after. This expansive property combines impressive natural assets with genuine long-term income potentialmaking it an outstanding option for investors, primary producers and environmental enterprises alike.
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Property Overview
Approx. 740ha (1,825 acres) across 5 titles
Modest 3-bedroom, 1-bathroom homestead
High-grade cattle handling infrastructure, including crush, drafting pound, secure yards, loading race and holding paddocks
Excellent water security with dams, natural springs and Macalister River frontage
Water tank that is gravity-fed from a reliable dam with troughs that service the yards and holding paddocks
Extensive fencing with 17 paddocks (approx.)
Large machinery/workshop shed with loftideal for storage or group accommodation
Bitumen road frontage via JamiesonLicola Road plus gravel road access from both Target Creek Road & Link Road
Significant timber assets supported by established coupe plansproviding a valuable advantage for buyers seeking immediate and long-term forestry opportunities
Multiple elevated house sites offering 360-degree views across mountains, rolling country and untouched wildernessthese outlooks provide a stunning backdrop for future development, tourism ventures, or simply enjoying the breathtaking scenery for yourself.
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Agricultural Capability
Currently operating as a proven and productive beef enterprise, the property supports approximately 240 Angus breeding cows plus followers. Its carrying capacity, quality grazing areas, and reliable water sources offer immediate value for livestock operators or those seeking to expand their existing agricultural operations.
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Title Breakdown
Lot 1A 225ha / 555 acres (approx.)
Includes the homestead; frontage to JamiesonLicola Road & Target Creek Road; timbered areas with coupe plans.
Lot 2 116ha / 286 acres (approx.)
Frontage to Target Creek Road & Link Road; includes cattle yards and approx. 4 paddocks.
Lot 3A 111ha / 274 acres (approx.)
Frontage to JamiesonLicola Road & Target Creek Road; mixed timbered and open country.
Lot 4 176ha / 434 acres (approx.)
Macalister River frontage; access via shared road.
Lot 6 112ha / 276 acres (approx.)
Frontage to Target Creek Road; approx. 7 paddocks.
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For Sale by Expressions of Interest
Available as a whole or as individual titles, with written offers closing 4:00pm, Friday 20 February 2026.
For an Information Memorandum or to arrange a private inspection, please contact the exclusive selling agents:
Gippsland Real Estate Sale
Leo O'Brien 0409 143 668
Jarrod Freeman 0439 707 253
Alex Scott & Staff Sale
Aaron Ralph 0456 215 087
Max Odoherty 0419 286 920
