Significant irrigation property Gundaline Station hits the market

Significant irrigation property Gundaline Station hits the market
Significant irrigation property Gundaline Station hits the market

One of Australia’s largest irrigation properties, Gundaline Station – located in the highly regarded Southern Riverina region of NSW – has been listed for sale.

Fronting the Murrumbidgee River in NSW, the 15,000 hectare rural property suited to growing a combination of irrigated cotton, cereals/oilseeds/legumes and permanent crops such as almonds was last sold in 2014 to an institutional investor consortium led by Southern Agricultural Resources.

Over the past three years, they have more than doubled the land area under irrigation, significantly expanded and improved the water storages and irrigation infrastructure, as well as upgrading the existing irrigation land. 

The property consists of more than 6,000 hectares of highly developed furrow irrigation (over 3,500 hectares of new development), with the balance comprising land suitable for development to permanent plantings and additional furrow irrigation, and grazing land. 

The holding benefits from significant water entitlements.

Tags: 
Rural Listings Riverina

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