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Address available on request Neuarpurr, VIC 3413

Address available on request,
Neuarpurr, VIC 3413

Commercial Farming & Rural • Development Sites & Land

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A LARGE SCALE, HIGHLY PRODUCTIVE PORTFOLIO OF THREE IRRIGATED CROPPING AND GRAZING PROPERTIES

CBRE Agribusiness is pleased to present for sale the Frances Farm Portfolio, comprising Frances, Minimay and Bool Lagoon (the Properties), three productive farms located in the Western Wimmera and South-East South Australia.

The Properties are located within a 75* lineal kilometre distance of each other and have a gross land area of 2,802* hectares, of which 1,275* hectares is developed to centre pivot irrigation.

Key investment highlights include:


FRANCES

- Total land area of 1,550* hectares, with 900* hectares developed to centre pivot irrigation, 575* hectares of dryland arable / grazing land, 70* hectares of Pine and Bluegum plantations and five* hectares of remnant vegetation.

- Four water licences, that are administered by Wimmera Mallee Water, with a total volume of 2,984* megalitres.

- Gently undulating in topography, Frances has historically been utilised for onion and potato production as well as fat lamb production, with dryland areas utilised for cropping (cereals and oilseeds) and comprises primarily grey sandy loams.

- Structural improvements include multiple dwellings and workers’ cottages, high clearance shedding utilised for horticultural produce sorting and storage, a mechanic’s workshop, office, hangar, wool shed, and ancillary shedding.

- A planning permit also exists allowing the use and development of a freestall barn dairy for a 3,600 cow milking herd.

MINIMAY

- Total land area of 647* hectares, with 120* hectares developed to centre pivot irrigation, 517* hectares of dryland arable / grazing land and 10* hectares of remnant vegetation.

- One water licence, administered by Wimmera Mallee Water, with a total volume of 400* megalitres.

- Gently undulating to rolling in topography, Minimay has been utilised primarily for cropping (cereals) and comprises and a mix of heavy dark sandy loams and lighter sandy loams.

- Structural improvements include a single dwelling, shearing shed and farm shedding.

BOOL LAGOON

- Total land area of 605* hectares, with 260* hectares developed to centre pivot irrigation and 345* hectares of dryland arable / grazing land.

- Two water licences, within the Lower Limestone Coast Prescribed Wells Area (Hacks Management Area), with a total allocation of 1,390 megalitres for irrigation and 228 megalitres for specialised production requirements.

- Relatively flat in topography, Bool Lagoon has been utilised primarily for cropping and horticultural pursuits and comprises black clay loams over limestone with pivot areas having been rock picked and rolled.

- Structural improvements include a set of cattle yards and sheep yards.


*approximately

Property ID: 502331790Last Updated: 3 Oct 2023

03 8621 33...
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Address available on request
Neuarpurr, VIC 3413
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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