THE Hanlon family is selling off the 457 hectare Howes Creek Hills farming land in the Mansfield area, with hopes of fetching around $5.65 million.
Held over multiple titles, 1231 Howes Creek Rd has been accumulated and extensively developed over 30 years.
Pat Rice & Hawkins, Ruralco Property and Clark & Co have been appointed to sell the property, located 13 kilometres south west of Mansfield township.
Howes Creek Hills is a mix of creek flats, along a part frontage to Howes Creek, a Lake Eildon feeder, and rolling slopes to hill country, and its landform is judged as 95% suitable for grazing.
Local farm manager Frank Tanner has managed the property for the city based owners.
There are 37 catchment dams, a mix of larger grazing and smaller stock handling paddocks, and three bores, two of which are equipped.
Stocking rate is held at around 300 Poll Hereford cows and their calves, and as much as 390 cows in top seasons, while Australian white sheep stocking has been up to 1,000 head.