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154-198 Torgannah Road

Koonoomoo, VIC 3644, Australia
$3.60m

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Area Price Guide
$3.38m$3.82m

Indicative price guide range

🏘️
4
Comparable
📊
$750,000
Area median
⚖️
+380%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

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About this property

Located on the banks of the mighty Murray River, this 61-hectare (approx.) high-production citrus orchard offers a rare opportunity to secure prime horticultural land in northern Victoria. Just 8 km north-west of Cobram, 74 km north of Shepparton, and around 256 km from Melbourne, the property enjoys direct access to one of Australia's most reliable irrigation systems. The property features established plantings of lemons, grapefruit, and oranges. The land mostly consists of slightly undulating, with free-draining sandy soils (Type A) ideal for citrus production. With irrigation sourced from the Murray River via the Torgannah Lagoon, the property includes: High Reliability Water Share: 443.2 ML (6 VIC Murray Dart to Barmah) Low Reliability Water Share: 144.2 ML (6 VIC Murray Dart to Barmah) Bore Water: 80 ML (Katunga WSPA) Two pumps on the lagoon provide efficient water delivery to the orchard, ensuring consistent production and growth potential. The property offers multiple dwellings, including a double-storey, five-bedroom main house. Additional dwellings in fair to good condition provide accommodation for a family-run business or on-site workers. The 1475m2 (approx) packing shed is the hub of the farm with coolroom access, lunch room, office and toilet facilities. There is ample additional machinery shedding available across the orchard. The Australian citrus industry is the nation's largest fresh fruit exporter, supplying over 500,000 tonnes domestically and exporting more than 250,000 tonnes annually. Positioned along the Murray River with reliable irrigation and proven soils, this property represents a rare, high-yield opportunity for horticultural investors. Full details of this opportunity including a list of plant and equipment are available via the Information Memorandum. Please contact Vince Tassoni on 0417 374 105 for any questions and to book your inspection! Inspection is strictly by appointment. Please note, sale price does not include water.

Property Features

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    Repayment calculator

    $17,453/month
    $8,726 /fortnight
    Loan $2,880,000 at 6.10% over 30 years

    Upfront costs

    Deposit$720,000
    Stamp duty$214,000
    Conveyancing (est.)$2,000
    Total upfront$936,000
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Listed
    2 months ago

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