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427 Phillips Road, Myall$4.75m
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427 Phillips Road

Myall, VIC 3579, Australia
$4.75m
843 ha

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About this property

LAWD is pleased to present for sale 427 Phillips Road, Myall, a large-scale irrigated cropping opportunity, located in Northern Victoria, 12* kilometres northeast from Kerang. KEY INVESTMENT HIGHLIGHTS Comprising a total land area of 843* hectares (2,083* acres). Extensively developed irrigation systems including lateral spray (246* hectares), centre pivot (80* hectares) and laser levelled flood (168* hectares). Historically utilised for the production of high yielding winter crops including wheat, canola, faba beans and vetch. Currently planted to Canola (estimated yield three* tonnes per hectare) and Oats (estimated yield nine* tonnes per hectare). Highly efficient 20* span OTECH lateral irrigator, with remote operation capabilities, that irrigates an area 1,000* metres wide and 2,460* metres long. 10* span IRRITECH centre pivot irrigator covering an area of 80* hectares. Significant capital expenditure has been allocated to land class development, soil amelioration and weed control, greatly enhancing productivity. Excellent structural improvements include a four-bedroom dwelling and machinery shed (1,200* square metres). Benefitted by secure access to irrigation water via the Goulburn-Murray Irrigation district and fertile soil types, highly conducive to growing cereals, oilseeds and vegetables. Strategically located in the Gannawarra district of Northern Victoria in proximity to Kerang (12* kilometres), Swan Hill (52* kilometres), Echuca (85* kilometres) and Melbourne (255* kilometres) Information Memorandum available upon request. Inspection by appointment. FOR SALE BY PRIVATE TREATY *approximately

Property Details

Property Type
house
Listing Type
For Sale
Land Area
843 ha
Listed
3 months ago

Repayment calculator

$23,028/month
$11,514 /fortnight
Loan $3,800,000 at 6.10% over 30 years

Upfront costs

Deposit$950,000
Stamp duty$288,750
Conveyancing (est.)$2,000
Total upfront$1,240,750
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.

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Myall at a glance

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Population
98
Median age
51
Household income
$1,125/wk
Median rent
$178/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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