Premium Irrigation Properties in Prime Location in Tightly Held Bilbul Area

The properties offer irrigated summer and winter cropping production as well as potential alternative land uses, including permanent plantations, vegetables as well as rural residential potential (STCA).

A highly flexible opportunity for both local existing operators or investors seeking a potential development for either a rural lifestyle, permanent plantations or vegetables has come to market.

Located just 12km from Griffith in the tightly held Bilbul area, the approximately combined 176-hectare properties at Farm 360 and Farm 362A are for sale in four allotments. In addition to the properties the vendors are offering 890 megalitres of Murrumbidgee Irrigation Water Entitlements for sale.

Colliers Associate Director, Transaction Services, Agribusiness, Adrienne Harvey has the exclusive listing.

“The properties comprise productive clay loam soils and have been recently redeveloped, lasered and developed to either bankless channel or border check irrigation layout. This year’s rice production averaged 13.5 tonnes per hectare and these fields will now be planted to either oats or barely.”

“Initial soil testing has also revealed the soils to be highly suited for horticulture and subject to council approval the properties also offer potential for rural residential lifestyle with ideallic views of Cocoparra Hills.” Ms Harvey said.

“And there is a combination of high security and general security water entitlments that can be purchased with the properties or seperately”.

With Farm 360 split into three allotments, pricing is separate, with Lot 1 at $475,000, Lot 2 at $1,300,000 and Lot 3 at $475,000. Farm 362A has a price guide of $650,000.

The properties and water entitlements, are offered for sale via Offers to Purchase (OTP) ‘as a whole’ and/or in individual allotments.