230 Baulch RoadNormanville VIC 3579
Property Details for 230 Baulch Rd, Normanville
Last Listing description (July 2022)
Colliers is pleased to present for sale the Merriwa Pastoral Company Portfolio, a large-scale and highly productive portfolio of cropping properties located in Victoria's Mallee region.
Key features of the opportunity include:
- A 1,484.05* hectare cropping enterprise with an approximate arable area of 1,436.40 hectares.
- The portfolio comprises three properties, known as Home (approximately 372.98 hectares), Estate (approximately 419.76 hectares) and Ryans (approximately 691.31 hectares).
- Highly productive soil types and favourable topography, underpinned by average annual rainfall of approximately 357 millimetres (Bureau of Meteorology Kerang / Meran Downs Weather Station).
- Quality structural improvements, including a four-bedroom main residence, three-bedroom dwelling, a cottage, multiple machinery sheds, workshop, hay shed, two-stand shearing shed, chemical shed, fuel storage tanks and silo complex.
- Excellent supporting infrastructure, including quality fencing and stock water access to each paddock.
- The portfolio is currently leased to 1 January 2023, offering a unique investment opportunity for investors looking for passive exposure to agricultural land.
- Well-located in relation to several towns and cities supporting the agriculture sector, including Kerang (15* lineal kilometres), Boort (27* lineal kilometres), Charlton (54* lineal kilometres), Bendigo (110* lineal kilometres) and the Melbourne CBD (240* lineal kilometres).
For Sale by Expressions of Interest.
For further information or to arrange an inspection, please contact the agents.
Property History for 230 Baulch Rd, Normanville, VIC 3579
- 29 Jun 2022Sold for $6,856,038
- 15 Mar 2022Listed for Sale Contact Agent
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About Normanville 3579
The size of Normanville is approximately 65.4 square kilometres. It has 1 park. The population of Normanville in 2011 was 360 people. By 2016 the population was 22 showing a population decline of 93.9% in the area during that time. The predominant age group in Normanville is 0-9 years. Households in Normanville are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Normanville work in a managers occupation. In 2011, 77.9% of the homes in Normanville were owner-occupied compared with 66.7% in 2016..
Normanville has 14 properties. Over the last 5 years, Houses in Normanville have seen a 4.22% increase in median value. As at 30 November 2024:
- The median value for Houses in Normanville is $259,233.
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