544 Vine Lane, Ouyen, VIC 3490

IMPORTANT NOTICE - Due to Covid restrictions introduced for regional Victoria, this auction is now being conducted via the Virtual Online Auction @ Friday 27 Aug 2021 11:00AM (unless sold prior). All intending buyers are required to pre-register 24 hour prior to the auction.

Nutrien Harcourts are pleased to be offering for sale by Virtual Online Auction two separate and non-contingent parcels comprising a total land area of 576.33* hectares (1,424*acres) spanning across two freehold properties, known as.

1. "Gingers" 544 Vine Lane, Ouyen comprising 268.63 hectares (664 acres). Approximately 257 hectares (634 acres) of arable land suitable to growing crops, galvanised steel sheep yards, good boundary fencing.

2. "The Block" Lot 2 Calder Highway, Ouyen comprising 307.70 hectares (760 acres). Approximately 300 hectares (742 acres) of arable land suitable to growing crops, raised shearing/storage shed, machinery shed, silos, fuel tanks.

Both properties are strategically located within proximity 1.5 and 7.0 kilometres to the northern side of the Ouyen township.

Grain receival facilities adjoin "The Block" whilst "Gingers" is within 4kms of the same site.

Both allotments are provided with frontage to either a bitumen or maintained all-weather gravel surfaced public road, allowing for the efficient movement of machinery in a safe manner.

The topography and soil types are typical of the immediate area and consisting of flat to softly undulating mallee red sandy loam soils with rises tendering in an east/west direction.

A continuous cropping program has been in place in recent years with lupins and lentils crops planted to break the cereal cycles. Suited to a continuous winter cropping and hay production program, including wheat, barley, oats, vetch, lupins.

The Bureau of Meteorology rainfall mapping indicates that the property aggregation is located within an area of an annual rainfall range of between 300mm and 400mm with the historical average annual rainfall at Ouyen being approximately 328mm.

Both parcels are currently leased, expiring on 28 February 2023. The lease payment is equivalent to approximately $86.49/ha.

The Ouyen district has long been renowned as a prime cereal cropping region and mixed farming agricultural zone of the central Mallee district of Victoria.

Ouyen is centrally located in the Mallee Region of north west Victoria, services a large cereal growing hinterland and nearby mineral sands mines and is located 102 km south of the regional centre of Mildura and 450 km north west of Melbourne.

Combined, these properties deliver a quality agricultural asset, offering a unique opportunity for new or existing industry groups or investors to enter this tightly held area.

Both parcels will be individually offered for sale by via the Virtual Online Auction platform on Friday 27th August at 11.00am. You will need to register if you are planning to participate at this Virtual Online Auction.

*Approximate measurements Property ID: #LMU2556