Zoned as R2 - Low Density Residential, this citrus orchid has plenty of income and potential.
Situated on the outskirts of the thriving regional town of Leeton, this 13.2Ha (32.6Ac) block currently operates as a premium citrus block producing a mix of Washingtons, Navels and Specialty fruits.
The property has been zoned as R2 - Low Density Residential, allowing the new owners to subdivide the blocks down to 4000 square meters.
The property features:
- 3 Phase power running down the Eastern Boundary
- Existing Water Main along the Eastern Boundary
- Water connection to the Murrumbidgee Irrigation Scheme
- Bituman road access.
- Road access on 3 sides of the property.
- Minimum Lot Size suitable for use of envirocycle sceptic systems.
For investors, the property is available on a leaseback or share-farming option that is expected to provide a return in excess of 5%. Allowing time to obtain development approvals whilst still offering an income stream.
A supply agreement is available with the property for all fruit produced with the Mildura Fruit Company.
Please contact Jason on 0488 594 450 to book your inspections or obtain further information on the property.
All of the information in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
