CBRE Agribusiness has been appointed to present the Ballandry Portfolio for sale, an unparalleled row cropping opportunity in the renowned Riverina Region and Murrumbidgee Irrigation Area in New South Wales, Australia.
The Riverina Region and Murrumbidgee Irrigation Area are recognised as two of New South Wales' premium cropping and horticultural regions and rarely are properties of this scale offered for sale within these regions.
The Portfolio comprises approximately 26,839 hectares* of which approximately 21,833 hectares* (81%*) is classed as arable and has been consistently used for row cropping.
The Portfolio features on-site grain storage facilities, machinery shedding, storage facilities and on-site staff housing.
The Portfolio also has access to Murrumbidgee Irrigation Water with 45,457 Delivery Entitlements.
Located only 37 kilometres* north of Griffith, the Portfolio is in very close proximity to regional grain receival depots, grain markets, agricultural services and labour.
KEY INVESTMENT HIGHLIGHTS INCLUDE:
- Total area: 26,839 hectares*
- Arable area: 21,833 hectares* (81%*)
- Average annual rainfall: 424 millimetres* (BoM Yenda 75059)
- Climate: Mediterranean-like climate, cool wet winters and warm dry summers
- Soils: predominately red loam and sandy red loam soils
- Topography: Flat to gently undulating with areas of low-lying rises
- Working improvements: Grain and fertiliser storage (20,000 tonnes*), machinery sheds/workshops and general storage (2,825 sqm*), shearing sheds and sheep yards
- Stock and domestic water: via pressurized water schemes and extensive rainfall catchment via corrugated iron tanks
- Irrigation water: 45,457 Murrumbidgee Irrigation Delivery Entitlements via Northern Branch Canal
- Accommodation: main homestead (brick, 5 bedroom) and eight staff dwellings
- Services: include three-phase power, 4G/5G network
- Other: 2023 crop, plant and equipment included
The Ballandry Portfolio is being offered for immediate sale on 'As-is-where-is' basis with offers being considered as they are submitted.
The opportunity ends by 12:00 noon AEST, Tuesday 4th July, 2023.
*approximately