OFF MARKET

130 Zanotto Road
Nericon NSW 2680

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 203500m2
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Property Details for 130 Zanotto Rd, Nericon

Building Type
Land
Land Size
203500m2
Local Government
Griffith
Lot/Plan
4/DP1037504

Last Listing description (February 2020)

Redbelly Citrus representing Australia largest plantation of blood oranges in the well known horticulture area of the "Riverina"
For sale on a full WIWO basis, with land and incoming crop, plant and equipment, water entitlements and all intellectual property including brands and reg trade marks. (Farm only by negotiation)
40 Hectares across two farms with a combined of 26 hectares planted to blood oranges

175 Megalitres combined of Murrumbidgee High Security water via the Kubank water syndicate
Separate water storage and pumping station to each 20 ha allotment with vacant land to expand on each farm.
With the growing demand of the blood oranges and juice, the current vendors are negotiating supply contracts if required for the incoming purchasers.

The farms are a great opportunity to diverse into a niche citrus market with the opportunity for expansion and be well rewarded.

Information Memorandum and Financial by request only.

* approx

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Property History for 130 Zanotto Rd, Nericon, NSW 2680

A timeline of how this property has performed in the market
Last Sold
09 Aug 2018
  • 02 May 2019
    Listed for Sale BY NEGOTIATION
  • 09 Aug 2018
    Sold
  • 30 Jun 2006
    Sold for $100,000
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About Nericon 2680

The size of Nericon is approximately 64.7 square kilometres. The population of Nericon in 2011 was 310 people. By 2016 the population was 293 showing a population decline of 5.5% in the area during that time. The predominant age group in Nericon is 50-59 years. Households in Nericon are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nericon work in a managers occupation. In 2011, 82.2% of the homes in Nericon were owner-occupied compared with 68.7% in 2016..

Nericon has 152 properties. Over the last 5 years, Houses in Nericon have seen a 84.85% increase in median value. As at 30 November 2024:

  • The median value for Houses in Nericon is $452,393 while the median value for Units is $526,818.
There are currently no properties listed for sale, and no properties listed for rent in Nericon on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Nericon.

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