OFF MARKET

2098 Murray Valley Highway
Lake Powell VIC 3597

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 9432418m2
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Property Details for 2098 Murray Valley Hwy, Lake Powell

Building Type
Land
Land Size
9432418m2
Local Government
Swan Hill
Lot/Plan
2/TP217679

Last Listing description (September 2018)

CBRE Agribusiness is pleased to present for sale the Adveq Almond Trust 2 Portfolio (AAT2 Portfolio), Australia s largest almond orchard leased on long terms to Olam Orchards Australia.
Key features of the opportunity include:
- A 20,000Ha* (50,000Ac*) freehold land portfolio of eleven properties planted to 12,000Ha* (30,000Ac*) of almonds

- Well developed, institutional grade orchards supported by world class water delivery infrastructure
- Securely leased on long-terms to Olam Orchards Australia Pty Ltd (a subsidiary of Olam International Limited, the world s second largest grower of almonds and a leading global commodities trading business)
- Triple Net Lease with passing rent of $17,890,000pa*
- Fixed annual rent reviews and an initial lease term which expires June 2031 (13 years remaining)
- Strong unencumbered asset value with potential for additional value capture at lease end
FOR SALE BY EXPRESSION OF INTEREST
*approximately

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Property History for 2098 Murray Valley Hwy, Lake Powell, VIC 3597

A timeline of how this property has performed in the market
Last Sold
$303,100
21 Oct 2013
  • 07 Jan 2019
    Listed for Sale by Expression of Interest
  • 15 May 2018
    Listed for Sale by Expression of Interest
  • 21 Oct 2013
    Sold for $303,100
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About Lake Powell 3597

The size of Lake Powell is approximately 140.8 square kilometres. It has 4 parks covering nearly 28.9% of total area. The population of Lake Powell in 2011 was 280 people. By 2016 the population was 22 showing a population decline of 92.1% in the area during that time. The predominant age group in Lake Powell is 10-19 years. Households in Lake Powell are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Lake Powell work in a labourer occupation. In 2006, 39.8% of the homes in Lake Powell were owner-occupied compared with 37.8% in 2011..

Lake Powell has 29 properties. Over the last 5 years, Houses in Lake Powell have seen a 45.55% increase in median value. As at 30 September 2024:

  • The median value for Houses in Lake Powell is $402,566.
There are currently no properties listed for sale, and no properties listed for rent in Lake powell on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Lake powell.

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