OFF MARKET

718 Indi Road
Indi NSW 2642

Bedrooms: 4
Bathrooms: 1
Car spaces: 11
Land area: 1146000m2
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Property Details for 718 Indi Rd, Indi

Building Type
Land
Land Size
1146000m2
Local Government
Snowy Valleys
Lot/Plan
87/DP755869

Last Listing description (May 2018)

Indi Flats is located on the banks of the mighty Murray River, in the beautiful Biggara Valley in the Upper Murray District. It is an easy commute to Corryong (30km) and is only 165km from Albury which is serviced by daily flights to Melbourne, Canberra & Sydney.
The Country/Soils
Picturesque balance of rich alluvial river flats to rising country with improved pastures suited to a high production enterprise of either dairy or beef cattle.

The river flats offer year-round production & clean, clear water and are complemented by the well drained improved rising country.
Current Production
Indi Flats is currently milking 200 cows plus replacements. Would be capable of running more numbers, current supply agreement with Parmalat Australia
Water
The Upper Murray districts high annual rainfall (approx 42 inches), complements the 450 meg water licence that currently irrigates the lower portions of the property. In addition spring feed dams and a trough system services the high hill paddocks.
Current Improvements
A 15 Double up dairy with auto feed system, Christopher bales, auto teat cup removers and approx 8006 litres of milk vat capacity.
A Covered calf feed area
3 Effulent Dams
Feed pad capable of feeding 250 head
Machinery shed 2 bays concrete, 2 not
2 hay sheds x 3 bays
Sub divided into approx 60 paddocks
Laneway system to all paddocks
2nd unused dairy with power and 2nd machinery shed
Services
Telephone-Internet
Power Country Energy
Australia Post
School Bus

Accommodation
Main Home
Is located in an elevated position over looking the river and valley. It comprises 4 bedrooms, 2 bathrooms, large kitchen, living and dining area. Outside deck and in ground salt water swimming pool. There is gas ducted heating, 2 slow combustion wood fires and a breeze air cooler. Here is also garden watering system and established trees.
Second Home
Offers an ideal opportunity to complete an in progress renovation. This well positioned brick house is located at the northern end of the property over-looking the river.

Original Homestead
The original homestead has a rustic feel and the potential to restore to it s original condition.

Agents Comments
Indi flats presents an opportunity to purchase a large parcel of land with a 450 meg water licence (250 meg river licence & 200 meg ground water licence). 4.1 km of Murray River frontage.
Water is a feature of this well improved property with an abundant supply from dams supplemented by water from the Murray River System.
This property is in a near drought proof location with the temperate climate production history and potential to move forward in most agricultural pursuits.
Property Code: 499

Property History for 718 Indi Rd, Indi, NSW 2642

A timeline of how this property has performed in the market
Last Sold
$1,575,000
10 Nov 2017
  • 25 May 2018
    Listed for Sale $4,000,000
  • 21 Feb 2018
    Listed for Sale $4,000,000
  • 31 Jan 2018
    Listed for Sale $4,000,000
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About Indi 2642

The size of Indi is approximately 48.2 square kilometres. It has 1 park covering nearly 22.7% of total area. The population of Indi in 2011 was 455 people. By 2016 the population was 21 showing a population decline of 95.4% in the area during that time. The predominant age group in Indi is 0-9 years. Households in Indi are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Indi work in a managers occupation. In 2011, 69.9% of the homes in Indi were owner-occupied compared with 115.4% in 2016..

Indi has 29 properties. As at 31 October 2024:

  • The median value for Houses in Indi is $549,336.
There are currently no properties listed for sale, and no properties listed for rent in Indi on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Indi.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.