While the cheese business was sold several years ago, the new owners - Moondarra Cheese - have leased the factory and are keen to continue sourcing milk from the property.
Mr Johnson said the property's distinctive features included the direct link between its 420-head cattle operation and the adjoining cheese manufacturing facility - with milk travelling just 30 metres from the 40-stand rotary dairy to the factory door.
With two of the Johnson children now living in northern NSW and Queensland, the couple in their mid-50s, have chosen to act on their succession plan rather than leave it too late.
"I'd love to pass it down to the kids, but it's too valuable as land," Mr Johnson said.
"We're looking forward to the next chapter.
“We've been preparing for this - it's been part of a five-year succession plan."