Sold $100,000,000

One of Australia’s Largest Irrigated Cotton Operations

PRICE
Sold $100,000,000
SIZE 14,916 ha

Gundaline Sturt Highway, CARRATHOOL NSW 2711

Property Features
  • Land is 14,916 ha

LAWD is pleased to present for sale Gundaline (the Property), one of Australia’s largest irrigation farming operations on the banks of the Murrumbidgee River in the renowned Riverina region of southern New South Wales (NSW).

Comprising approximately 14,916 hectares, the Property is highly developed to flood irrigation and benefited by secure access to both surface and groundwater entitlements and substantial water storages.

KEY INVESTMENT HIGHLIGHTS:
• First class irrigation development with over 6,000* hectares developed to flood irrigation with the balance comprising dryland cropping and grazing.
• Further development potential with 750* hectares suitable to a range of intensive horticultural pursuits.
• Secure access to both surface and groundwater with significant water entitlements including 12,500* megalitres of Lower Murrumbidgee Groundwater (Zone 2), 690* megalitres of Low Security River Water and 2,329* megalitres of Murrumbidgee River Supplementary water. Gundaline has an approved extraction limit (groundwater) of 18,000* megalitres per year, with a daily capacity of upwards of 120* megalitres/day from its six bores.
• Substantial on-farm water storage with a total capacity in excess of 17,000* megalitres.
• Extensive Murrumbidgee River frontage (20* kilometres) and four approved extraction points.
• Productive soil types suitable for a wide range of row crops or permanent plantings.
• Current cropping program includes a 3,000* hectare winter crop and an expected 2,750* hectare summer crop.
• Excellent operational infrastructure and structural improvements, further enhancing on-farm efficiencies.
• Full suite of operating plant and equipment. Available if required.
• Strategically located in the renowned Riverina region of Southern NSW, one of the most productive and agriculturally diverse regions of Australia, approximately 40 linear kilometres west of Darlington Point, 55* linear kilometres south-west of Griffith, 60* linear kilometres east of Hay and 370* linear kilometres north of the Melbourne CBD.
• Close to commodity processing facilities, including cotton gins at Carrathool (Rivcott Cotton Gin), Hay (Auscott Cotton Gin), Whitton (Southern Cotton Gin) and Hillston (Namoi Cotton Gin), almond hulling and processing facilities at Griffith (Almond Co), Swan Hill (Select Harvests), Mildura (Olam almond), walnut processing facility in Leeton (Webster Walnuts) and feedlots located at Tabbita (Prime City Feedlot), Yanco (Riverina Beef Feedlot) and Maude (Ravensworth Feedlot and Hell’s Gate Feedlot).

LAWD is offering Gundaline to the market by Expression of Interest with the first stage closing 4PM (AEDT) Tuesday 15 November 2022.

*approximately

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Agents

Danny Thomas
+61 439 349 977
Elizabeth Doyle
+61 400 102 439
CONTACT AGENT

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