A rural investment with good versatility

Almost 40 years ago Lou and Anna Serafin purchased Farm 1328, a typical MIA property of 176 hectares, in the area known as The Kooba Farms.

Rice, fat lambs and winter crops were the normal programs carried out; particularly rice, being the main crop for the district.

With the onset of drought, Lou and Anna could see water becoming tight and in 2004 a plan to produce more income per megalitre was investigated.

The decision was made to convert about half the property to wine grapes and a fully computerised drip irrigation system was installed as the plantings took place.

Excellent yields of up to 1800 tonnes are produced annually, while rice and winter cereals have been grown on the fully landformed remaining land.

After many years of hard work, the vendors now wish to retire.

Farm 1328 has an extensively renovated family home with three bedrooms, two bathrooms, large farm office, three living areas and modern kitchen, set in established gardens with a cabana and double garage.

Working improvements include two large machinery sheds, workshop/pump shed, chemical store and wash bay.

Located centrally in the MIA and just 20km via a major road from Griffith, Farm 1328 will be auctioned on Wednesday, June 7 at 2pm at the Griffith Southside Leagues Club.