A farm in the Eastern Riverina region of New South Wales that combines Murray Cod fattening and a citrus plantation has been listed for sale.
The picturesque, 6.9ha site at 2621 Morley Road, Yoogali, is 7km east of Griffith and represents a unique, dual-income operation in a well-known farming region.
Two ponds spanning 1.5ha are capable of fattening 35,000 Murray Cod concurrently, as the species rises in popularity, and accompany a 4.75ha, 1,300-tree Valencia Citrus plantation.
Murray Cod is the largest freshwater fish in Australia, capable of reaching 100kg, and the land-based aquaculture model at Yoogali has one of the lowest environmental footprints in the industry.
CBRE’s James Auty and Matt Childs are managing the sale campaign, with Expressions of Interest invited by October 19.
“Demand for Murray Cod is rising as awareness of the species grows around the world, and even a smaller-scale farm like this one is a rare avenue into a lucrative industry,” Mr Auty said.
“Paired with the established Valencia Citrus orchard, it represents a turn-key, low-maintenance farming opportunity with dual incomes in an idyllic location just outside Griffith.”
The easy-to-maintain, fully-automated Murray Cod operation has been developed over the past decade, with walkways to access the nets in each pond, and comes with an existing supply contract.
Producing an annual yield of approximately 174 tonnes, the citrus orchard was planted in 1993.
Both operations are underpinned by a reliable water supply that includes 2ML of High Security, 6ML of General security and 40 Murrumbidgee Irrigation Delivery Entitlements.
The property’s four-bedroom, brick family home was constructed in the 1990s, and features a recently-renovated kitchen, wood fire, open verandas, BBQ area and manicured garden.
Other improvements include a modern machinery shed, solar power systems, a concrete driveway, two-car garage and an electric security gate.
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