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3972 Murray River Road

Bungil, VIC 3691, Australia
$5.75m
3 bed 2 bath 2 car

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Area Price Guide
$5.41m$6.09m

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2
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$830,000
Area median
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+593%
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2 months ago
Listed

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About this property

A rural opportunity of exceptional scale, natural beauty, and potential. Nutrien Harcourts Albury Rural in conjunction with Rodwells Wodonga is proud to present "Barcoo Ridge"-a rare and substantial holding in the tightly held Upper Murray region, offered to the market for the first time since 1995. Positioned in Victoria's renowned North East, this exceptional property comprises approximately 1,187 acres of high-rainfall pasture country with the added benefit of Lake Hume frontage-a truly unique combination of productivity, location and long-term potential. The main features include: Land - Set over 8 titles & 22 main paddocks plus laneways and lake Hume frontage (50 acres across the road). Flat to gentle undulating grazing country rising to open hill with steep sections of bush comprising, red gum, box, stingy bark, black pine and kurrajong. - Mix of land and soil classes allowing for a variety of enterprises, majority deep brown and grey sandy loam soils rising to granite areas with perennial rye/clover pastures, phalaris and native grasses. - Outstanding shelter with very good stands of native trees, shelter belts and riparian plantations of native trees. -Main road access with river road frontage, formed all weather driveways with B-double access to yards and excellent laneway system linked to central corral. Majority of hill country is fully accessible via formed tracks, some recently upgraded. Water - Water is an outstanding feature of this property with 27 dams, 4 water tanks, 2 wells, 2 creeks and located in a reliable rainfall zone of 850 mm. Frontage to the Murray River (Lake Hume) provides drought proof water access, recreation area, for boating and fishing. - 18.5 megalitre irrigation licence for 23 ha area - future use for a winter fill dam to run travelling irrigators, plans to enlarge dam available. Infrastructure - Working improvements include: Machinery shed and workshop with concrete floor, 2 main hay sheds, storage shed, 35t pellet silo and above ground diesel tank. - Cattle yards - Superior low stress environment and functional design. Incorporating curved races, intuitive layout, rigid construction, 12 v solar power, lighting, stock water, high pressure water, sink, covered working area, as new vet crush with scales, easy loading area, sprinklers over stock containment area. Homestead - Boasting the most incredible views out over Lake Hume and the surrounding mountains, the quality-built homestead, (Circa 1997 freeform design) has been well maintained and is surrounded by mature garden with a north facing aspect, wide eaves, and great natural air flow through the summer months. The home is centred in an established low maintenance garden with mature English Oak lining the driveway and garden ornamental trees of Chinese Elm, Acer, Olive, Ash and Cedar to name a few. - Rendered brick with verandah and double carport, 3 bedroom including master with WIR and ensuite, two bathrooms, 2 living plus study. Large open plan kitchen dining, central heating hydronic (wood furnace) and evaporative cooling. Remarks This outstanding property is strategically situated within easy reach of the services located in the major centre of Albury/Wodonga (58 km) and delivers an excellent opportunity to secure a vast holding with excellent water, infrastructure, lifestyle and future sub-division potential. "Barcoo Ridge" is situated in the renowned Upper Murray agriculture district, known particularly for beef cattle breeding and finishing, The current vendors focus has been breeding quality Hereford cattle out to feed lot weights, however it also has been famous for producing huge bullocks and high-quality fodder. More detail contained in the Information Memorandum including DSE rating, title sizes, sub-division potential, land classification. Inspections strictly by appointment. Billy Jones Nutrien Harcourts Albury Rural Ph 0438 454 950 Peter Ruaro Rodwells Wodonga Ph 0447 600 825

Property Features

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    Repayment calculator

    $27,876/month
    $13,938 /fortnight
    Loan $4,600,000 at 6.10% over 30 years

    Upfront costs

    Deposit$1,150,000
    Stamp duty$353,750
    Conveyancing (est.)$2,000
    Total upfront$1,505,750
    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.

    Property Details

    Property Type
    rural
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    2
    Parking
    2
    Listed
    2 months ago

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