FOR SALE
Investment I ROI $250k per annum

185 Prentice Road
Orrvale VIC 3631

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12.9ha
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32 Acres Orchard on the fringe of Shepparton

M7 takes pride in showcasing a highly efficient orchard farm on fringe of Shepparton to buy now.
The property is fully developed with extremely well established and mature trees, the farm has been family run for decades. Resulting in only the finest Apple and Pear producing Orchard, maintained to the highest of standards.
Some of the varieties grown onsite are the mainstream – Packham Pears along with William pears, Bosc pears and addition to Granny Smith Apples.
• Installed underground water irrigation system
• Production
• 750 Bins Average Bin Weight(450kg)
• One house title
Outstanding Investment opportunity for the astute investor looking for land banking possibilities. Options for onsite manager to run business or expansion in business holdings.
The property will be sold with all equipment and machinery as walk in, walk out opportunity. A handover period can be discussed for the right buyer.
Infrastructure included with farm sale contains:
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Property Details for 185 Prentice Rd, Orrvale

Building Type
Land
Land Size
12.9ha

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About Orrvale 3631

The size of Orrvale is approximately 11.4 square kilometres. The population of Orrvale in 2011 was 523 people. By 2016 the population was 423 showing a population decline of 19.1% in the area during that time. The predominant age group in Orrvale is 50-59 years. Households in Orrvale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Orrvale work in a managers occupation. In 2011, 75.3% of the homes in Orrvale were owner-occupied compared with 78.2% in 2016..

Orrvale has 223 properties.

    There are currently 4 properties listed for sale, and no properties listed for rent in Orrvale on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Orrvale.

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    Prateek Chaudhary
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    Rahul Malik
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