Gippsland's 568 hectare farm Paringa sold
Staff reporterDecember 7, 2020
Ray White Rural Victoria director Jason Hellyer has sold Paringa, a 569 hectare agribusiness operation in Gippsland for $3,250,000.
Paringa comprises a fertile mix of river flat, Fernbank and Perry sandy loams.
It has been home to a successful Angus breeding, fattening and year-round irrigated fodder crop program.
Located within Gippsland's Wellington Shire, the plot contains 260 acres under pivot irrigation, a further 150 acres under lateral spray irrigation with a 280ML Southern Rural Water irrigation licence.
Featuring cattle yards, shedding and a four bedroom two bathroom BV manager's residence, it is located in Central Gippsland close to Gippsland Lakes, and the seaside towns of Paynesville & Metung.