EOI

INSTITUTIONAL SCALE CROPPING & SECURE WATER ENTITLEMENTS (2,113ML*)

PRICE
EOI
SIZE 4,031 ha

TORRUMBARRY VIC 3562

Property Features
  • Land is 4,031 ha

LAWD is pleased to present for sale Torrumbarry Farms Aggregation (the Aggregation), an institutional scale irrigated mixed farming and greenfield horticultural development opportunity, underpinned by significant water entitlements.

KEY INVESTMENT HIGHLIGHTS

• Extensively developed to centre pivot, lateral and flood irrigation (1,820ha*), dryland cropping (1,641ha*), grazing and support land (570ha*).
• Cropping production in 2023 achieved outstanding yields for dryland wheat (4t/ha*), irrigated wheat (7.2t/ha*), dryland barley (4.6t/ha*), irrigated barley (5.5t/ha*), dryland canola (2.1t/ha*) and irrigated canola (3.0t/ha*).
• A significant volume of secure water, including 1,939ML* of High Reliability Murray Zone 7 and Goulburn 1A and 174ML* of Low Reliability Murray Zone 7 water entitlements, as well as capacity to store surplus water following high rainfall/river flow events, supported by 1,350ML* of combined on-farm water storage.
• Presently utilised for the production of crops (wheat, barley, canola, silage and fodder crops) to support a dairy heifer raising platform.
• Future growth opportunities include potential for development to horticulture and high value cropping pursuits (permanent crops, viticulture and annual cropping).
• Benefitted by fertile soil types, an excellent climate, reliable annual rainfall (average annual rainfall of 427mm*) and natural drainage.
• High quality structural improvements include machinery shedding, hay shedding, grain storage (780t* combined capacity), new undercover Atlex cattle yards, fertiliser storage, sundry rural shedding and substantial residential infrastructure (nine dwellings), including lifestyle properties with Murray River frontage.
• Multiple access points along the Murray Valley Highway as well as internal road systems, provide ease of access throughout for heavy vehicles and machinery.
• Located adjacent to the Murray River and Gunbower Creek in the Loddon Mallee region of northern Victoria, close to Echuca (16km*), Shepparton (83km*) and Melbourne (193km*).
• Close to receival sites at Moama (22km*), Mitiamo (30km*), Elmore (43km*) and Deniliquin (62km*).

FOR SALE BY EXPRESSION OF INTEREST CLOSING AT 12PM (AEDT) THURSDAY 29 FEBRUARY 2024

*approximately

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Agents

Danny Thomas
+61 439 349 977
Erica Semmens
+61 419 714 039
CONTACT AGENT

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