Dry land cropping opportunity with approximately 776 Ha or 1917 acres located 22km from Kerang via James Rd or 30km via Lake Charm-Quambatook Rd between Kerang & Lalbert on the western side fronting a 5km stretch of the Avoca River in Bael Bael with access to Wimmera Mallee pipeline for stock & domestic use.
The land is a combination of majority red & some black soil types closer to the river frontage with mostly good fencing. Last planted to canola cropped in 2022 season, grazing is permitted for initial period with preference to cropping or hay production only beyond the upcoming season. The land currently has good grazing feed for this season.
Terms of lease are 3 year lease plus 3 year option, CPI increase, 100% of outgoings & GST inclusive. Water tank & troughs were removed by the previous owner so would need to be supplied by tenant.
The size of Bael Bael is approximately 55.8 square kilometres. It has 2 parks covering nearly 25.5% of total area. The population of Bael Bael in 2016 was 8 people. By 2021 the population was 10 showing a population growth of 25.0% in the area during that time. The predominant age group in Bael Bael is 50-59 years. Households in Bael Bael are likely to be repaying not stated per month on mortgage repayments. In general, people in Bael Bael work in a managers occupation.In 2021, 100.00% of the homes in Bael Bael were owner-occupied compared with 60.00% in 2016.
Bael Bael has 18 properties.
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