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55 Merri Meadows Lane
Merriang South VIC 3737
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55 Merri Meadows Lane Merriang South VIC 3737

  • Rural / Farming
  • 127 ha
  • For Sale, EOI Closing Friday 6th December at 5.00pm

300 acres - Buffalo River frontage - Licensed gravel pit

    Situated in the beautiful Buffalo River Valley, surrounded by rolling hills and mountain peaks, this expansive property is located only 10 minutes from the thriving town of Myrtleford.

    Currently running beef cattle, the property consists of river flats, with approximately 1km Buffalo River frontage, open hill grazing rising to steep bush.

    Central to the property, a large gravel pit had been operated by a family-owned business since the late 80's, recently producing large volumes of landscape materials and road bases at a commercial scale. The asset has a current work authority WA407 for the extraction of river gravels with options to expand.

    Commercial scale quarries represent a significant opportunity for Government or civil works enterprises to secure quality properties for future growth.

    Recently, the vendors have undertaken site investigations into potential areas to establish a new hard rock quarry on a site to the property's southern boundary, with access points to main haulage routes.

    Exploration drilling proved the existence of hard rock resources available to possibly develop a quarry, that could produce product adequate for uses by government and private operators, subject to further investigation.
    Key Information:

    • 124.95 Ha - 309 ac freehold plus Road lease ( 4.17 ha approx)
    • Three titles - Possible building entitlement ( STCA)
    • Fully approved extraction gravel pit
    • Work Authority WA407 exists for the extraction of river gravels
    • Expansion plans possible
    • 75 Megalitres irrigation entitlement
    • Zoned farming
    • WIWO optional equipment
    • Some older farm shedding, three phase power connected
    • Existing stocks included for ready to earn cashflow
    • land bank for future generations.

    Limited opportunities exist to buy into this market with approvals and permits.

    55 Merri Meadows Lane is strategically located 9 km to Myrtleford, 52km from Wangaratta and 75 Km from Albury/Wodonga, and with excellent proximity to major markets via the great Alpine Road and Hume Freeway providing accessibility to Melbourne and Sydney.

    A full Information memorandum and vendor statement is available, detailing this incredible opportunity to own over 300 acres in the stunning Myrtleford area, for farming or lifestyle on the Buffalo River and with the opportunity to grow an existing gravel pit enterprise with expansion possibilities.

    Expressions of Interest Closes Friday 6 December at 5pm

    For all enquiries, please contact

    Billy Jones 0438 454 950 Nutrien Harcourts Albury Rural

    Peter Ruaro 0447 600 825 Rodwells Wodonga

    NUTRIEN HARCOURTS ALBURY
    NUTRIEN HARCOURTS ALBURY
    20 Catherine Crescent
    Lavington, NSW 2641

    Property Highlights

    Floor AreaAsk Agent
    Land Area127 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019619183
    Category
    Last updated  8 Nov 2024
    Map for 55 Merri Meadows Lane Merriang South VIC 3737
    NUTRIEN HARCOURTS ALBURY
    NUTRIEN HARCOURTS ALBURY
    20 Catherine Crescent
    Lavington, NSW 2641

    Property Highlights

    Floor AreaAsk Agent
    Land Area127 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019619183
    Category
    Last updated  8 Nov 2024

    Listed by

    Billy Jones
    NUTRIEN HARCOURTS ALBURY
    Call
    0438 454 950

    More about 55 Merri Meadows Lane Merriang South VIC 3737

    55 Merri Meadows Lane Merriang South VIC 3737 is categorized as Rural & Farming. It has a land area of 127 ha. The listing ID for this property is 2019619183.

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