109 Eagles Road, Paschendale VIC 3315

538 acres | spring and bore water | livestock-ready | renovation needed This is a large grazing property in a tightly held district where scale and water security are the primary strengths. The combination of a developed spring, multiple bores, dams, and river frontage provides exceptional drought resilience, which is the core buying case for established livestock operators. The nine main paddocks with electric fencing and steel cattle yards indicate a turnkey setup for cattle or sheep, reducing immediate capital outlay. The residence is not habitable without renovation, which positions this for buyers who already have operational housing or are willing to invest in the dwelling. The main constraint is the house condition, as the cost and timeline for renovation remain unverified and could affect financing or occupancy plans. The dual access via Eagles Road and Boggy Creek Road is an advantage, but the property’s suitability for mixed farming beyond grazing needs to be confirmed. The price picture across sources is inconsistent, so fair value cannot be relied on from visible evidence alone. Confidence is reduced until the renovation scope and local market depth for large holdings are better understood.