60 The Island Lane North Wagga Wagga NSW 2650

Ray White Rural Wagga Wagga is pleased to introduce to the market for the first time in 60 years, 'The Island' of North Wagga Wagga. Considered by many as one of the last remaining development opportunities with Murrumbidgee River country, this investment grade asset provides a unique opportunity to acquire land with multi use potential supported by an existing Murrumbidgee water license.

Strategically located in North Wagga Wagga, the property would suit lifestyle, livestock production, and with local council consent, turf farming along with possible sand extraction. Sand subsurface evaluations have been completed, along with the creation of digital concept mapping for several sand extraction ponds, all of which will be available to qualified interest for review. From an intensive commercial operation point of view, 'The Island' has the ability to service the local Riverina region, and with its close proximity to the Hume Highway (30mins*), Sydney and Melbourne become accessible in a timely manner.

Comprising of 58.7ha* (145 acres*), the property is flat and predominantly all arable and is regarded as sound Murrumbidgee River farm land. There is an existing dwelling, 3 open span sheds, along with an old dairy which form the property's main structural improvements. The property is located 10 minutes* from the Wagga Wagga Livestock Marketing Centre, and 3 minutes* from the CBD of Wagga Wagga.

INVESTMENT HIGHLIGHTS

• Comprising of 58.7ha* (145 acres*) Lot 2//DP599646
• Town water connection, servicing troughs and property
• Key location, 10 minutes* from the Livestock Marketing Centre, and 3 minutes* from the CBD of Wagga Wagga
• Murrumbidgee River Country, Murrumbidgee River License (originally a turf farm)
• Existing dwelling, 3 open span sheds, silo, and old dairy, basic steel cattle yards
• Subject to local council consent* the property has been digitally mapped and tested for sand extraction and will be made available to qualified interest

'The Island' provides an investment opportunity and is a highly desirable property to have ownership on.

Expressions of Interest (Close 11am, 14th April 2025)

Geoff Palmer - 0437 892 522 | Laura Semmler 0413 788 544

Ray White Rural - Wagga Wagga

Please note: * Approx - subject to contract of sale and or vendor supplied information