There is over 1.5km of magnificent King River frontage forming the eastern boundary of the 208.3 acre King Valley grazing property to be sold by tender by the Agents Morris Bros Real Estate.
The rich alluvial flats have a proven history of productive grazing and horticulture with the sale including 160ML of water entitlement all being high security. An electric pump on the river together with established underground infrastructure provide potential for productive redevelopment.
The structural improvements are modest but handy comprising an old workers house, hayshed and paved machinery shed.
Strategically retained native shade trees plus a noble stand of established poplars are noted features together with internal formed gravel access tracks.
Recent sales throughout the North East districts have again proven the rural real estate adage “water is gold!” never more so in relation to river frontage and irrigation.
This rare King Valley offering is no exception providing a once in a lifetime opportunity to gain a rural asset the value of which continues on an upward trajectory.
Tenders to be submitted with 5% deposit on documents obtainable from the agents. Returnable by 4:00pm on the 13th of December 2023 at Morris Bros Real Estate, 29 Rowan Street Wangaratta or by Email and bank transfer confirmation to [email protected] .
For inspections contact Brett Goodwin on 0408 574 966
