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Address available on request Tooleybuc, NSW 2736

Address available on request,
Tooleybuc, NSW 2736

Commercial Farming & Rural • Development Sites & Land

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APPROVED IRRIGATION DEVELOPMENT

  • PRIVATE DIVERSION FROM MURRAY RIVER
  • APPROVALS, LICENCES & PERMITS IN PLACE
  • DEVELOP-ABLE TO HIGH VALUE HORTICULTURE
CBRE Agribusiness is pleased to present for sale Noraleigh - a “shovel ready” 892* hectare greenfield horticultural development site located in Sunraysia, one of Australia’s premier intensive horticultural regions.

Since being acquired, the site has been transformed through the delivery of planning approvals, site suitability testing and first stage development to form a site capable of hosting a significant, investment grade horticultural development.

Key investment highlights include:

- 892* hectares, all approved for irrigation development

- Direct private diversion from the Murray River via direct freehold interface

- All necessary approvals, licences and permits in place to develop the property to high value horticulture

- Independently assessed for suitability and plantable area for a range of high value horticultural crops (almonds, citrus, table grapes, pistachios, wine grapes, avocados)

- Crop suitability assessments supported by detailed topographic survey, electromagnetic survey (EM38) and extensive soil pitting

- Soils predominantly comprise free draining red sandy loams, suitable for development to high value horticulture

- Located in the Sunraysia Region, 5 lineal kilometres south east of Tooleybuc and 36 lineal kilometres north-west of Swan Hill

- Benefited by a Mediterranean climate with an average annual rainfall of 330 millimetres (Bureau of Meteorology Nyah Station)

- Currently utilised for dry land cropping pursuits, including the production of high quality wheat, canola and lentils

- Structural improvements comprise a four-bedroom brick veneer dwelling and operations hub

*approximately

Property ID: 502779238Last Updated: 24 May 2021

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Address available on request
Tooleybuc, NSW 2736
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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