929 Old Narrandera Road, Wagga Wagga NSW 2650

Property Details: • Type: Rural

• Bedrooms: 4 • Bathrooms: 0

Description: LAWD is pleased to present Walteela (The Property). A first-class irrigation, dryland cropping and grazing property, that has been highly developed into one of the premier properties fronting the Murrumbidgee River in the prized Eastern Riverina. KEY INVESTMENT HIGHLIGHTS INCLUDE: SCALE | 765.6* hectares (1,891.8* acres) LOCATION | Superbly located only 13* kilometres from the regional city of Wagga Wagga, positioned on the high side of river providing flood protection IRRIGATION DEVELOPMENT| 192.4* hectares of spray irrigation under seven pivot irrigators. All irrigators are either new or recently completely overhauled and refitted. 955* megalitres of Mid Murrumbidgee Zone 3 Alluvial Groundwater Source and 635* megalitres of General Security Murrumbidgee Regulated River Water Source are available to purchase at market value FUTURE IRRIGATION DEVELOPMENT | Plans and clearing completed for two pivots to further expand the irrigation area up a further 120* hectares RAINFALL | Located in a reliable nonseasonal rainfall zone of 571* millimetres OPERATIONAL IMPROVEMENTS | Well-appointed with first-class operational infrastructure, well suited to large-scale fodder production and beef cattle enterprises ACCOMMODATION | C1990's brick veneer four-bedroom homestead set in established lawns and gardens SIGNIFICANT CAPITAL EXPENDITURE (2021- 2024) | Over $1.8* million has been invested into developing the working infrastructure and irrigation development, presenting a turn-key opportunity Walteela is for sale by Private Treaty for $19,900,000 (land and fixed improvements) with 1,590* megalitres of water entitlements also available at market value. For further information, please contact: Col Medway M: +61 428 481 243 E: [email protected] Tim Corcoran M: +61 407 893 935 E: [email protected]