Fruit farm at 3384 Murray Valley Highway Cobram for sale for more than $2.4 million

A fruit farm at Cobram has been listed for sale for more than $2.4 million The property grows peaches, nectarines and apples and will be sold via expressions of interest.

3384 Murray Valley Highway, Cobram is for sale

THE outlook for one Cobram-district property is just peachy.

The horticulture block not only has peaches but nectarines and apples, extensive infrastructure, prime soils, a large house and an enviable position close to town.

It’s this proximity to the major regional centre of Cobram that gives potential buyers options according to Duncan McCulloch, the national agribusiness director of Colliers International.

“The property is situated right on the Murray Valley Highway less than two kilometres from town and there are subdivisions close by,” Mr McCulloch said.

“There is the chance for someone to buy this orchard and have a business, but it also represents a great land bank opportunity which underpins its asset value.”

At the same time, the horticultural credentials of the block stack up.

COBRAM

3384 Murray Valley Highway

PROPERTY: horticulture

SIZE: 38ha

SALE: expressions of interest close September 10

PRICE: more than $2.4 million

AGENT: Colliers International

CONTACT: Duncan McCulloch, 0416 047 484

The plantings comprise 23ha of stone fruit – a mix of white and yellow peaches and white and yellow nectarines – and 9ha of apples including sundowners, Granny Smiths and lady in red varieties.

These are watered with a state-of-the-art irrigation system which uses under tree sprays and micro sprays to deliver irrigation water and is fully automated.

There is an irrigation allocation of 74 megalitres of high reliability water and 93 megalitres of low reliability water, both delivered through Goulburn Murray Water.

The fruit-handling infrastructure is of such a level that Mr McCulloch said it would be ideal for someone looking to “bolt on” their own plantings to this property.

“There are outstanding improvements on this property including a large refrigerated packing shed with a 3000-bin controlled atmosphere cool store, bin storage and unloading area and an office,” he said.

A solar input system was built in 2014/2015 and is 50 kilowatts, supply three phase power. Other farm improvements include a machinery shed and workshop and a pump shed.

The large house was built in 1999 and has four bedrooms, two bathrooms, under floor heating and extensive living areas, and is set in a landscaped and fenced garden.

Mr McCulloch said the land was ideal for horticulture with level to gently undulating topography and highly productive soil types.

“The Cobram loams and sandy loams over most of the property are ideal for permanent plantings,” he said.

“Given the infrastructure, it really would be a great property for someone who already had plantings but were looking to expand their operation and need a packing shed,” he said.

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