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CBRE - South Australia (RLA 208125)

258 Bridge Road Panitya, VIC 3512

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258 Bridge Road,
Panitya, VIC 3512

Commercial Farming & Rural

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Sale - Expression of Interest

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CBRE - South Australia (RLA 208125)
258 Bridge Road
Panitya, VIC 3512
CBRE - South Australia (RLA 208125)
Angus Bills
Phil Schell

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000

Map of 258 Bridge Road

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ARKANA CROPPING AGGREGATION

  • Quality cropping benefiting from scale
  • Total land area of 4,223* hectares
  • Fertile soils, ideal climate & location
CBRE is pleased to present for sale the Arkana Cropping Aggregation (the Aggregation), a dryland cropping opportunity in Victoria’s northern Mallee region. The majority of the Aggregation was originally purchased and cleared by the Bridge Family in 1965 and has been owned and operated by the Bridge family for the past 55 years.

Strategically located 13* kilometres south-east of Pinnaroo and 24* kilometres south-west of Murrayville, the Aggregation comprises eight semi-contiguous landholdings combining a total land area of 4,223* hectares (10,435* acres).

Key investment highlights include:

• Total land area of 4,223* hectares, of which 3,965* hectares arable (94%*)
• Opportunity comprises eight semi-contiguous landholdings to be purchased in one line or as eight individual properties
• Improvements include circa 1980 homestead, four-stand shearing shed, implement shed, sundry shedding and five equipped bores (11 unequipped)
• Soil types include red brown loam over clay and sandy loam over clay with small sections of limestone
• Average annual rainfall of 335* millimetres (Bureau of Meteorology – Pinnaroo)
• The Aggregation features the characteristics of a highly productive broadacre cropping platform; benefiting from scale, operational efficiency, fertile soils, idyllic climate and desirable location


The eight individual properties being offered to market include:

• Arkana North Section One: Total land area of 517* hectares, of which 495* hectares are arable (96* percent)
• Arkana North Section Two: Total land area of 517* hectares, of which 478* hectares are arable (92* percent)
• Arkana Home: Total land area of 551* hectares, of which 524* hectares are arable (95* percent)
• Arkana West: Total land area of 502* hectares, of which 475* hectares are arable (95* percent)
• South Five Chain Road, Section One: Total land area of 259* hectares, of which 249* hectares are arable (96* percent)
• South Five Chain Road, Section Two: Total land area of 259* hectares, of which 229* hectares are arable (88* percent)
• Bridge Road: Total land area of 259* hectares, of which 228* hectares are arable (88* percent)
• Arkana South: Total land area of 1,358* hectares, of which 1,286* hectares are arable (95* percent)

FOR SALE BY EOI CLOSING THURSDAY 12 MARCH 2020 AT 4:00PM (AEST)


* Denotes approximately

Property ID: 503450350Last Updated: 31 Mar 2020

Agency contacts

CBRE - South Australia (RLA 208125)
CBRE - South Australia (RLA 208125)
Level 5, 151 Pirie Street
ADELAIDE, SA 5000
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Angus Bills

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Angus Bills
CBRE - South Australia (RLA 208125)
258 Bridge Road Panitya, VIC 3512

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Angus Bills

    Angus Bills

    CBRE - South Australia (RLA 208125)
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  • Phil Schell

    Phil Schell

    CBRE - South Australia (RLA 208125)
    +61 *** ***