A first-class irrigation, dryland cropping and grazing property, that has been highly developed into one of the premier properties fronting the Murrumbidgee River in the prized Eastern Riverina.
KEY INVESTMENT HIGHLIGHTS
SCALE | 1,029.5* hectares (2,543.9* acres) with 1,555* megalitres of Mid Murrumbidgee Zone 3 Alluvial Groundwater Source plus 635* megalitres of Murrumbidgee Regulated River Water Source, General Security and Stock and Domestic water entitlements.
LOCATION | Superbly located only 13* kilometres from the regional city of Wagga Wagga, positioned on the high side river providing flood protection.
IRRIGATION DEVELOPMENT | 304.4* hectares of spray irrigation under nine pivot irrigators.
FUTURE IRRIGATION DEVELOPMENT | Plans and clearing completed for two pivots to further expand the irrigation area up to 120* hectares.
SIGNIFICANT CAP EX (2021-2024) | Since 2021, in excess of $5.4* million has been invested into developing the working infrastructure, irrigation development and additional water entitlements.
RAINFALL & WATER | Situated in reliable non-seasonal rainfall area 571* millimetres supported by town water, a stock and domestic water licence from the Murrumbidgee that supplies a network of concrete water troughs.
OPERATIONAL IMPROVEMENTS | Well-appointed with first-class operational infrastructure, well suited to large-scale fodder production and beef cattle enterprises.
ACCOMMODATION | C1990’s brick veneer four-bedroom homestead set in established lawns and gardens.
Assets of this calibre and location rarely come to the market. Walteela is for sale by Private Treaty for $32,000,000 (land and fixed improvements) with 2,190* megalitres of water entitlements also available at market value. For full details of this quality opportunity, please contact the below personnel.
Col Medway
M: +61 428 481 243
E: [email protected]
Tim Corcoran
M: +61 407 893 935
E: [email protected]