OFF MARKET

10 Lyle Road
Iraak VIC 3494

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 252386m2
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Property Details for 10 Lyle Rd, Iraak

Building Type
Rural
Land Size
252386m2
Local Government
Mildura
Lot/Plan
1/LP95841

Last Listing description (March 2023)

Nutrien Harcourts Mildura are pleased to present for sale by Expression of Interest, this diverse irrigation and dry land farming enterprise, situated in the renowned and highly regarded Iraak irrigation district.

With a total land area of 137.7*ha (340*ac), this contiguous aggregation is being offered for sale in one line or as two contingent parcels described as:

Lyle Road: - offers 24.80*ha. (61.28*ac.), of which 18.4*ha. (45*ac.) is planted to established and bearing almonds, 2.15*ha. (5.3*ac.) young citrus, 1.35*ha. (3.33*ac.) vacant with overhead sprays suitable for permanent plantings or cash crops.

Infrastructure includes three-bedroom homestead, modern style machinery sheds/ workshop, coolroom. Includes AUL of 217.4 megalitres.

This parcel is located in a horticultural environment with vineyards, citrus and almond orchards adjoining to the south and west.

Danes Road: - contains 112.90*ha. (278.98*ac.), of which 20.5*ha (50.65*ac.) has overhead sprays for permanent plantings or hay/market garden production, 36*ha. (88.9*ac.) formally flood irrigation, 55.59*ha. (138*ac.) blend of arable and native vegetation.

Eastern boundary of the property is within 80*metres of the Murray River, representing a tremendous opportunity for those seeking a rural lifestyle property asset.

Infrastructure includes modern style machinery shed, storage/pump shed, sheep containment and handling yards (suitable for feedlot). Includes two AUL's with a combined 198 megalitres.

An irrigation water entitlement of 5 ML will be included with the property.

The property is strategically located 7*linear kms. Nth. of Nangiloc, 18*linear kms. SE of Red Cliffs, 29*linear kms. SE Mildura. Frontage to Danes Road, Barko Road with access also from Lyle Road.

Overall, presenting a unique opportunity for new or existing industry groups to purchase this well-managed property asset, providing the essential elements of scale, operational efficiencies, productive and fertile soils, extensive working infrastructure, access to water, proximity to specialised service providers/labour, ideal climate with increased production capabilities.

For sale by Expression of Interest, (POA). (*Approximate)

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Property History for 10 Lyle Rd, Iraak, VIC 3494

A timeline of how this property has performed in the market
Last Transferred
24 May 2011
  • 20 Mar 2023
    Listed for Sale Price on Application
  • 08 Apr 2019
    Listed for Sale Price Upon Application
  • 17 Aug 2018
    Listed for Sale EXPRESSIONS OF INTEREST
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About Iraak 3494

The size of Iraak is approximately 77 square kilometres. It has 1 park covering nearly 6.2% of total area. The population of Iraak in 2011 was 379 people. By 2016 the population was 111 showing a population decline of 70.7% in the area during that time. The predominant age group in Iraak is 30-39 years. Households in Iraak are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Iraak work in a managers occupation. In 2011, 56.9% of the homes in Iraak were owner-occupied compared with 47.8% in 2016..

Iraak has 89 properties. Over the last 5 years, Houses in Iraak have seen a 77.34% increase in median value. As at 31 August 2024:

  • The median value for Houses in Iraak is $365,173.
There are currently 1 property listed for sale, and no properties listed for rent in Iraak on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Iraak.

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