Located @ 30kms from Mildura @ only 55kms from Robinvale is this quality land holding just waiting to be redeveloped. With a mix of rich sandy red loam soils through to untouched natural scrub bordering Bottle Bend, currently planted to a variety of vegetables & young citrus, this property lends itself to redevelopment.
With enough open ground to redevelop while harvesting current crops, there is an opportunity to earn an income while new plantings take hold. Currently using a shared pump direct from the Murray River, a new pump site & pipeline has been council approved. 17 megalitres of NSW high security water.
Improvements on the property include 2 homes, great shedding & the irrigation system is a mix of overhead sprays as well as flood irrigation.
The size of Paringi is approximately 109.6 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Paringi in 2006 was 1,801 people. By 2011 the population was 330 showing a population decline of 81.7% in the area during that time. The predominant age group in Paringi is 50-59 years. Households in Paringi are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Paringi work in a managers occupation. In 2006, 40.6% of the homes in Paringi were owner-occupied compared with 71.7% in 2011..
Paringi has 19 properties.
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