Significant irrigation property Gundaline Station hits the market

Significant irrigation property Gundaline Station hits the market
Staff reporterNovember 7, 2017

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.

Editor's Picks

Abadeen’s Gold Coast debut brings affordable coastal luxury to Palm Beach
Belle Vie, new Main Beach apartment tower, greenlit
Joe Nahas on Coronation Property's commitment to top-tier design partnerships
Gary Dempsey reveals second luxury Scarborough apartment development, Myka Residences
Inside the vision of Wahroonga Estate: Five minutes with Capital Corporation's Jim Hunter