620 River RoadMurchison North VIC 3610
Property Details for 620 River Rd, Murchison North
Last Listing description (October 2022)
RIVERFRONT IRRIGATED PROPERTY WITH GREENHOUSES
Freehold Property with Greenhouses and Sheds
Core Property Information-
- Improved with 140 Greenhouses and associated shedding
- State-of-the-art irrigation and fertigation control system
- Currently used for year-round propagation of cut flower crops
- Additional property available to purchase by negotiation
Offered for sale is the freehold property located at 620 River Road, Murchison. The property backs onto the Murchison State Forest with frontage to the Goulburn River.
Ideally located in the heart of the Goulburn Valley, this property is currently improved with 140 greenhouses and associated shedding, along with state-of-the-art irrigation and fertigation control system enabling control and monitoring from anywhere in the world via the internet and mobile phone network. One corner of the property, adjacent to the river, has been left vacant as a potential site suitable for a residence if desired.
The property is currently used for year-round propagation of various cut flower crops for large-scale wholesale distribution. For a proposed continued use of this nature, the vendor will arrange for client contracts to be entered into for assignment with the property. Alternatively, the property would be well-suited to alternative crops, to make use of the substantial purpose-built improvements.
An additional property nearby of some 140 acres (with 3-bedroom residence) is also available for purchase by negotiation if expansion potential is sought.
Property History for 620 River Rd, Murchison North, VIC 3610
- 03 May 2022Listed for Sale Price on Application
- 27 May 2012Sold for $250,000
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About Murchison North 3610
The size of Murchison North is approximately 32.2 square kilometres. The population of Murchison North in 2011 was 1,046 people. By 2016 the population was 175 showing a population decline of 83.3% in the area during that time. The predominant age group in Murchison North is 10-19 years. Households in Murchison North are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Murchison North work in a managers occupation. In 2011, 78.2% of the homes in Murchison North were owner-occupied compared with 76.9% in 2016..
Murchison North has 117 properties. Over the last 5 years, Houses in Murchison North have seen a 88.86% increase in median value, while Units have seen a 184.26% increase. As at 31 October 2024:
- The median value for Houses in Murchison North is $841,950 while the median value for Units is $330,095.
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