427 Phillips Road Myall VIC 3579
For Sale EOI
- Property Type Cropping
- Land area approx 2583ha
- Region Loddon Mallee
- Locality Gannawarra
Irrigated Cropping with Renewable Energy Potential
LAWD is pleased to present for sale the Murrabit Cropping Portfolio, a large-scale irrigated cropping opportunity, with renewable energy potential, located in Northern Victoria, 12* kilometres northeast from Kerang.
KEY INVESTMENT HIGHLIGHTS:
• Comprising 2,583* hectares in total across two non-contiguous landholdings within a 6* kilometre radius.
• Adjoined by the Victoria-New South Wales Interconnector West (VNI West) preferred transmission line corridor. The proposed high capacity 500kV transmission line enables grid access for renewable energy developments (wind, solar, green hydrogen).
• Located within a Tier 1 Renewable Energy Zone study area as identified by the 2024 Victorian Transmission Plan Guidelines.
• Extensively developed irrigation systems including lateral spray (771* hectares), laser levelled flood (1,086* hectares) and centre pivot (80* hectares).
• Currently utilised for the production of high yielding winter crops including wheat, canola, faba beans and vetch.
• Significant capital expenditure has been allocated to land class development, soil amelioration and upgrading laneways, greatly enhancing productivity.
• Excellent structural improvements include three dwellings, machinery shedding and grain storage.
• Benefitted by secure access to irrigation water via the Goulburn-Murray Irrigation district and fertile soil types, highly conducive to growing cereals, oilseeds and vegetables.
• Strategically located in the Gannawarra district of Northern Victoria in proximity to Kerang (12* kilometres), Swan Hill (52* kilometres), Echuca (85* kilometres) and Melbourne (255* kilometres)
Information Memorandum available upon request.
Inspection by appointment.
FOR SALE BY EXPRESSION OF INTEREST CLOSING AT 12PM (AEDT) WEDNESDAY 13 NOVEMBER 2024.
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