OUTSTANDING HORTICULTURAL & RESIDENTIAL DEVELOPMENT OPPORTUNITY - $2900000

Description

This property is ideal for future residential development (STCA) and with Mildura's forecast population growth being one of the highest in regional Australia, this property is ideal for future investment. Consisting of 38 acres of Residential 1 zoned freehold land, 108 megalitres of permanent high security water, 29 acres of residential 1 zoned Lower Murray Water (LMW) leasehold land (with possible future option to purchase freehold - subject to LMW approval), 75 megalitres of 'Water by Agreement' from LMW, 4 bedroom brick/conite home, 2 work sheds and substantial office. To ensure your investment shows a return, the property consists of: - 19 acres of Sun Muscat - 19 acres of Sultana's - 19 acres of Chardonnay - 10 acres of Cabernet Sauvignon All fully contracted to Clynes foods & Constellations Wines. Available for sale with management company in place to manage the plantings. With contracts and management secured, this is a truly rare opportunity to purchase a prime cash positive horticultural holding within Mildura's residential growth corridor.