Colliers is pleased to present for sale the Merriwa Pastoral Company Portfolio, a large-scale and highly productive portfolio of cropping properties located in Victoria's Mallee region.
Key features of the opportunity include:
- A 1,484.05* hectare cropping enterprise with an approximate arable area of 1,436.40 hectares.
- The portfolio comprises three properties, known as Home (approximately 372.98 hectares), Estate (approximately 419.76 hectares) and Ryans (approximately 691.31 hectares).
- Highly productive soil types and favourable topography, underpinned by average annual rainfall of approximately 357 millimetres (Bureau of Meteorology Kerang / Meran Downs Weather Station).
- Quality structural improvements, including a four-bedroom main residence, three-bedroom dwelling, a cottage, multiple machinery sheds, workshop, hay shed, two-stand shearing shed, chemical shed, fuel storage tanks and silo complex.
- Excellent supporting infrastructure, including quality fencing and stock water access to each paddock.
- The portfolio is currently leased to 1 January 2023, offering a unique investment opportunity for investors looking for passive exposure to agricultural land.
- Well-located in relation to several towns and cities supporting the agriculture sector, including Kerang (15* lineal kilometres), Boort (27* lineal kilometres), Charlton (54* lineal kilometres), Bendigo (110* lineal kilometres) and the Melbourne CBD (240* lineal kilometres).
For Sale by Expressions of Interest.
For further information or to arrange an inspection, please contact the agents.