OFF MARKET

49 Merrinee South Road
Merrinee VIC 3496

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 18810200m2
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Property Details for 49 Merrinee South Rd, Merrinee

Building Type
Rural
Land Size
18810200m2
Local Government
Mildura
Lot/Plan
54/PP3957

Last Listing description (October 2021)

Nutrien Harcourts Mildura are pleased to present for sale by Expression of Interest the "Ulupna" Merrinee aggregation, a significant Millewa district cropping and farming enterprise.

The original "Ulupna" holding was first settled and has since been family owned and operated by the Tyack family for 70 years. Through generations the aggregation has been developed and expanded to now include "Ulupna East" and "Ulupna South", and combined represents one of the districts largest farming entities.

The Tyack family are now offering their agricultural property portfolio for sale in one line or as three individual and contingent property assets, comprising:

Ulupna: 2,190.9*ha (5,414*ac.) of which 2,150*ha (5,312*ac.) or 98% being arable.

Ulupna East: 2,626.91*ha (6,491*ac.) of which 2,588*ha (6,395*ac.) or 98.5% being arable.

Ulupna South: 1,818*ha (4,492*ac.) of which 1,773*ha (4,381*ac.) or 97.5% being arable.

Features: Operational efficiencies, well managed and productive soils through the use of conventional and modern farming practices, strategic location being 35 linear kilometres west of Mildura regional city, proximity to bulk grain receival centres and major regional livestock exchanges. Property is closely aligned for the safe movement of machinery between allotments.

Scale & Production: Conservatively managed with production upside opportunities. Spanning 6,635*ha (16,397 ac.) with an available continuous cropping area of 6,510*ha (16,088*ac.) or approximately 98% of total land area. "Ulupna" has a proven production history with the current owners operating a diversified farming enterprise comprising broadacre winter cereal cropping, prime lamb, and wool production. Although operated as one farming enterprise, "Ulupna" can be run as three separate and distinct property assets.

Domestic Infrastructure: Two well-presented and maintained homestead complexes with all amenities, including a 4 or 5 bedroom homestead on "Ulupna" and a 4 bedroom home on "Ulupna East".

Operational Infrastructure: Fit for purpose supporting infrastructure include multiple machinery/hay sheds, workshops, weighbridge, shearing sheds and sheep yards. Underground power around traffic movement zones for safety.

Grain and fertiliser storage: 2 x 682t air rated silos, 2 x Ahrens 142t fully sealed silos, 2 x Ahrens 118t fully sealed silos, 4 x 66t Nelson fully sealed silos, 3 x Nelson 40t silos, all on concrete aprons or rings, grain shed 18m x 9m, fertiliser shed 11.5m x 7.7m.

Fuel storage: 12,000-gallon (52,000 lt.) diesel fuel tank with electric bowser, 1,000, 500 and 300-gallon overhead diesel fuel tanks.

Topography & Rainfall: The topography is reasonably consistent across the whole aggregation and is mostly typified by east/west tendering sandy rises. Majority of the holding is generally flat to gently undulating comprising typical deep and productive Mallee red loam soils.

These soil types are ideal for growing a variety of winter crops including wheat, barley, oats, vetch, legumes. Hay production is also a practical consideration which is grown in season.

Historical mean annual average rainfall recorded at the Mildura weather bureau is 288mm.

Agents Comments: Collectively the "Ulupna" Merrinee aggregation delivers an established and well-presented agricultural property asset with the scale, diversity, location, operational efficiencies, domestic and working infrastructure, fertile soils, access to service providers and resources that all combine to compliment this broadacre farming enterprise.

Offering a unique opportunity for new or existing industry groups or investors to enter this tightly held area.

"Ulupna" Merrinee aggregation is being offered for sale by a two stage Expression of Interest campaign, with stage 1 closing Tuesday 12th October 2021 at 11.00 am (AEST).

(*approximate)

Property History for 49 Merrinee South Rd, Merrinee, VIC 3496

A timeline of how this property has performed in the market
Last Sold
$813,788
30 Nov 2021
  • 30 Nov 2021
    Sold for $813,788
  • 30 Nov 2021
    Sold for $346,696
  • 23 Aug 2021
    Listed for Sale Contact Agent
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About Merrinee 3496

The size of Merrinee is approximately 867.8 square kilometres. It has 2 parks. The population of Merrinee in 2011 was 321 people. By 2016 the population was 36 showing a population decline of 88.8% in the area during that time. The predominant age group in Merrinee is 40-49 years. Households in Merrinee are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Merrinee work in a managers occupation. In 2006, 34.6% of the homes in Merrinee were owner-occupied compared with 66.4% in 2011..

Merrinee has 43 properties.

    There are currently 2 properties listed for sale, and no properties listed for rent in Merrinee on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Merrinee.

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    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.