417 Jeffcott And Jewells Road

Berringama VIC 3691

The Long Paddock presents a passive investment opportunity in a cattle grazing enterprise in the Upper Murray region of North-East Victoria. Working with the current owner, the successful investor(s) has the potential to earn above average returns over a five year period. A pre-agreed lease return over a five year period is provided as well as a pre-determined resale value at the conclusion of the lease period to deliver an average estimated return of 11% per annum (interested parties should seek their own independent professional financial advice prior to making any investment decision). The Long Paddock is situated in the beautiful and picturesque Upper Murray district at Berringama between the major regional centres of Albury/Wodonga and the township of Corryong. With easy access from Jeffcott and Jewells Road, the property is approximately 95 kilometres east of Wodonga and approximately 30 kilometres west of Corryong. The Long Paddock is a well presented property of approximately 317.4 hectares (or 784.0 acres). The property is described as mostly of undulating topography rising to some hill country and is principally comprised of highly fertile sandy grey loams. The property is ideally suited to the breeding and grazing of livestock, having been sensibly divided into sixteen paddocks for ease of stock management.The majority of the property has been cleared ensuring excellent carrying capacity. Approximately 40 hectares (or 100 acres) of bush remains along the south-western boundary providing excellent shelter for stock. Excellent water is provided via an abundance of natural springs ensuring unfailing water all year round with spring fed dams located in fifteen of the sixteen paddocks. Stock access is also provided to the permanent Simpsons Creek.The property has been pasture improved with a mix of subterranean clovers, ryegrasses and phalaris. Fertiliser has been applied regulalry and a strict weed control program has been maintained. All internal and external fencing is stock proof and in good to excellent condition. Electrification is provided to 100 percent of existing fencing. For further details regarding this exciting opportunity, please contact Mike Weller at Corcoran Parker on 0410 663 041 or John Carkeek at Corryong Real Estate on 0427 774 200. Inspections are strictly by appointment only.To view a video of the property see https://youtu.be/s8yZlJS-IUY