544 New Farms RoadNericon NSW 2680
Property Details for 544 New Farms Rd, Nericon
Last Listing description (September 2021)
Colliers International is pleased to present an outstanding opportunity that offers potential purchasers exposure to immediate cashflow and the ability to develop a sizeable permanent tree-crop operation.
The premium Riverina opportunity comprises two standalone holdings that complement each other. The properties consist of an exciting large scale shovel ready development parcel of approx. 374ha and an existing premium vineyard (Woods Vineyard) of approx. 41ha, with both having access to the Murrumbidgee Irrigation supply channel.
The 374ha development opportunity has some of the most productive free draining red loamy soils in the area with deep strong A horizons. Of the 374ha, approximately 340ha is shovel ready for development.
The development land has direct access to Murrumbidgee Irrigations Lakes View Branch Canal near New Farms Road making it a prime large-scale irrigation holding that would be ideally suited to permanent horticultural plantings e.g. Nuts, Citrus, Grapes etc. (subject to agronomic due diligence). Quarry Road runs along the entire Eastern and Southern boundaries and part of the Northern boundary providing excellent accessibility, with access also available from New Farms Road to the West.
Woods is planted to approx. 37 hectares of wine grapes ranging from Shiraz planted in 1991 to Durif planted in 2017 which are currently under a supply contract. The vineyard is watered via drip irrigation. The location of the vineyard allows for its existing infrastructure to be extended and utilised by the development holding if purchased together.
The properties are not to be sold contingent on one or the other, however it does offer cashflow through the vineyard while establishing the development site. The vendor has advised that they may be interested in leasing back the vineyard and surplus land for cropping during the development stage.
Being located some 15 kilometres north from the CBD of Griffith and in addition to different sector processing facilities makes this offering an exceptional opportunity to capitalise on an expanding sector with strong growth and results being experienced across most agricultural sectors.
For Sale via Negotiation
For more information to discuss the opportunity and receive a detailed Information Memorandum please contact the agent
Property History for 544 New Farms Rd, Nericon, NSW 2680
- 26 Jul 2020Listed for Sale Contact Agent
- 27 Jan 2015Sold for $540,000
- 13 Nov 2007Sold for $480,000
About Nericon 2680
The size of Nericon is approximately 64.7 square kilometres. The population of Nericon in 2016 was 293 people. By 2021 the population was 278 showing a population decline of 5.1% in the area during that time. The predominant age group in Nericon is 50-59 years. Households in Nericon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nericon work in a managers occupation.In 2021, 77.30% of the homes in Nericon were owner-occupied compared with 68.70% in 2016.
Nericon has 156 properties. Over the last 5 years, Houses in Nericon have seen a 85.46% increase in median value. As at 30 November 2025:
- The median value for Houses in Nericon is $460,124 while the median value for Units is $526,818.
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