ONE OF AUSTRALIA’S MOST SIGNIFICANT AGRICULTURAL OFFERINGS
Total land area of 13,652Ha*
Located in the renowned Riverina Region
Portfolio includes three properties
CBRE Agribusiness is pleased to present for sale the Western Rosella Farming Portfolio (the Portfolio), one of Australia’s most significant agricultural offerings located in the renowned Riverina Region of New South Wales (NSW).
Comprising a total land area of approximately 13,652* hectares, the Portfolio includes three properties referred to as Moora (524* hectares located at Hillston, NSW), Euroley (2,419* hectares located at Euroley, NSW) and Newmarket (10,709* hectares located at Maude, NSW) located within a 95* kilometres radius of each other.
The Portfolio benefits from being both geographically dispersed (accessing separate irrigation systems and water products) and having a diversified commodity mix, including established permanent plantings (almond orchards), greenfield land approved for further development to support permanent plantings, both dryland and irrigated row cropping and livestock grazing.
Key investment highlights include:
A highly developed almond orchard comprising a total area of 524* hectares.
Approximately 434 hectares has been planted with 365* hectares planted in 2017 and the balance (69* hectares) planted in 2018.
Benefited by a Lower Lachlan Groundwater Entitlement (7,145* megalitres (noting an Annual Groundwater Extraction Limit of 7,742* megalitres)) along with a Lachlan River High Security Entitlement (708* megalitres).
Located in the Northern Riverina region of NSW, to the south of the Lachlan River, approximately 20 kilometres north east of Hillston.
A newly developed almond orchard comprising a total land area of 2,419* hectares with 376* hectares planted in 2020.
Benefited by recently installed state-of-the-art irrigation, fertigation and pumping infrastructure.
Strategically located 48* kilometres south east of Griffith in the Riverina Region of Southern NSW and boasting approximately two kilometres of Murrumbidgee River frontage as well as five* kilometres of frontage to the Sturt Highway.
Includes 1,000* megalitres of Temporary Surface Water Secured for FY20/21. The property further features access to the Murrumbidgee Regulated River Water Source (via direct diversion).
A first-class irrigation development with 1,281* hectares developed to overhead sprays (lateral move and centre pivot irrigators), 729* hectares of laser levelled flood irrigation and 425* hectares of flood irrigation.
Further development potential with 1,201* hectares approved for development which can be tailored by an incoming purchaser.
Significant water entitlements including a Lower Murrumbidgee Groundwater (Zone 3) Water Entitlement (6,018* megalitres), a Murrumbidgee River – Supplementary Entitlement (649* megalitres) and a Domestic and Stock Entitlement (341* megalitres).
Substantial on-farm water storage totalling 7,670* megalitres capacity (currently holding 2,550* megalitres).
FOR SALE IN ONE LINE OR AS SEPARATE ASSETS BY EXPRESSION OF INTEREST CLOSING THURSDAY 19TH NOVEMBER 2020 AT 4.00PM (AEDT)