‘DEMERLO Quarry’ presents a unique opportunity to purchase a rural grazing and resource property with a current Work Authority extraction licence in the South Gippsland region.
For the past 20 years, the Demerlo family have successfully operated the property and as a result, the gravel/sand resource is now renowned throughout the region.
The area covering the gravel pit is predominantly Koonwarra gravel which is a small, fine, abrasive gravel, very hard in structure, with traces of clay through it. Current Work Authority licence allows for extraction to 9 metres.
The current annual production from the quarry ranges from approximately 3000m³ to 4000m³ depending on demand.
The balance of the property has and is currently being used for cattle breeding/fattening and an additional sideline of composting (for fertiliser) in recent times; it offers opportunities for diversification and additional income potential.
‘Demerlo Quarry’ enjoys a secure water supply via eight dams of which four are spring-fed. A 20 megalitre groundwater irrigation licence is included with the property.
There is ample shedding with the main shed (100ft x 90ft) constructed of shipping containers with a steel roof. In addition to this is a hay/machinery shed (40ft x 30ft) plus a sundry storage shed.
Heavy duty cattle yards are on-site incorporating a circular lead up race and cattle crush.
‘Demerlo Quarry’ presents a unique opportunity to purchase a diverse rural holding with a current Extractive Industry licence and numerous other secondary income opportunities, in the renowned South Gippsland region.
‘Demerlo Quarry’ is in an ideal location and sits between Leongatha (15 mins) and Inverloch (15 mins), and only 25 mins to Wonthaggi and under two hours to Melbourne.
The property is being sold by Expressions of Interest (EOI). An information memorandum on the property including EOI form is available via the selling agents.
Inspection is strictly by appointment. If you would like to inspect this property or have any questions, please contact Jean O’Loughlin on 0428 571 083 or Don Olden on 0417 805 312.
Rural grazing and resource property