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929 Old Narrandera Road

Wagga Wagga, NSW 2650, Australia
$19.90m
4 bed

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Area Price Guide
$18.71m$21.09m

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1
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$7.30m
Area median
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+173%
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2 months ago
Listed

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

LAWD is pleased to present Walteela (The Property). A first-class irrigation, dryland cropping and grazing property, that has been highly developed into one of the premier properties fronting the Murrumbidgee River in the prized Eastern Riverina. KEY INVESTMENT HIGHLIGHTS INCLUDE: SCALE | 765.6* hectares (1,891.8* acres) LOCATION | Superbly located only 13* kilometres from the regional city of Wagga Wagga, positioned on the high side of river providing flood protection IRRIGATION DEVELOPMENT| 192.4* hectares of spray irrigation under seven pivot irrigators. All irrigators are either new or recently completely overhauled and refitted. 955* megalitres of Mid Murrumbidgee Zone 3 Alluvial Groundwater Source and 635* megalitres of General Security Murrumbidgee Regulated River Water Source are available to purchase at market value FUTURE IRRIGATION DEVELOPMENT | Plans and clearing completed for two pivots to further expand the irrigation area up a further 120* hectares RAINFALL | Located in a reliable nonseasonal rainfall zone of 571* millimetres OPERATIONAL IMPROVEMENTS | Well-appointed with first-class operational infrastructure, well suited to large-scale fodder production and beef cattle enterprises ACCOMMODATION | C1990's brick veneer four-bedroom homestead set in established lawns and gardens SIGNIFICANT CAPITAL EXPENDITURE (2021- 2024) | Over $1.8* million has been invested into developing the working infrastructure and irrigation development, presenting a turn-key opportunity Walteela is for sale by Private Treaty for $19,900,000 (land and fixed improvements) with 1,590* megalitres of water entitlements also available at market value. For further information, please contact: Col Medway M: +61 428 481 243 E: colmedway@lawd.com.au Tim Corcoran M: +61 407 893 935 E: timcorcoran@lawd.com.au

Property Features

    View full listing on Domain

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    Repayment calculator

    $96,474/month
    $48,237 /fortnight
    Loan $15,920,000 at 6.10% over 30 years

    Upfront costs

    Deposit$3,980,000
    Stamp duty$1,326,259
    Conveyancing (est.)$2,000
    Total upfront$5,308,259
    Verify with NSW 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
    Bedrooms
    4
    Listed
    2 months ago

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