A "Once in a Lifetime" opportunity for Developers and Investors, to acquire a prime horticultural property of this scale (676 acres), on a single title, just 4kms from the Murray River and 35km from Mildura in the sought after Iraak / Nangiloc area, with top class loamy soils suitable for many high yielding agricultural crops including almonds, avocados, citrus, vines, pistachios, veggies and others. The land is gently undulating mallee and ready for development.
This property enjoys a private diversion license with pump on the Murray River which supplies existing irrigation infrastructure. The property is fully soil surveyed and has an approved Irrigation and Drainage Plan for full development allowing for the addition of an extra 2,400 megalitres of AUL to its existing 509.9 megalitre AUL.
Improvements include implement shed, filtration system shed and modest 2 bedroom home.
The size of Iraak is approximately 77.0 square kilometres. There is 1 park, covering nearly 6.2% of the total area. The population of Iraak in 2016 was 128 people. By 2021 the population was 118 showing a population decline of 7.8% in the area during that time. The predominant age group in Iraak is 60-69 years. Households in Iraak are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Iraak work in a managers occupation.In 2021, 58.50% of the homes in Iraak were owner-occupied compared with 47.80% in 2016.
Iraak has 87 properties. Over the last 5 years, Houses in Iraak have seen a 167.90% increase in median value. As at 31 May 2026:
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