NED Kelly used a small hill at the rear of this Glenrowan property as a lookout, according to local folklore.

And it's no wonder he did, with stunning 180-degree views to the horizon from the property's gently undulating land.

    GLENROWAN, VICTORIA
  • Property: grazing, cropping, equine
  • Size: 117ha
  • Auction: March 27, 11.30am, on site
  • Agent: Elders, Benalla
  • Contact: (03) 5762 3322

While outlawed bushrangers can no longer be found on the117ha property, it does present an ideal opportunity for someone wanting to work up a well-located piece of faming land.

The property is subdivided into 16 titles and more than 30 crown allotments, many of which have been surveyed as part of the township of Glenrowan.

The property has two street frontages, one sealed and the other a gravel road. It has been fenced into five main paddocks and is most suited to grazing and cropping because of the undulating land.

"There is good potential to increase production and stock carrying capacity," selling agent David Mackinnon said.

"The property has a balance of sandy loam soils to an area of granite outcrop at the rear, ideal for calving heifers."

Stock and garden water is supplied from six dams, one of which is spring fed, as well as several troughs from a reticulated supply.

Working improvements include cattle yards with crush, a two-stand shearing shed, two machinery sheds and a garage.

The main three-bedroom home is double brick and was built circa 1930.

David said the property had good proximity to the Hume Freeway, making it also suitable for stallion shuttle or race horse agistment.