Lot 2 Bendigo-St Arnaud Road
Newbridge VIC 3551
$365,000 - $400,000
Land Area:205 acres
Open for Inspections
Fantastic Acreage Ideal For Grazing, Cropping or Viticulture
This is an excellent, and rare, opportunity to purchase land in the Newbridge community just 30km from Bendigo’s CBD and 170km from Melbourne.
At just over 200 acres, the allotment consists of two titles and includes permanent spring water of a drinkable quality.
Fronting the Wimmera Highway, the property is available to both single and 3-phase power and includes a good standard of fencing whilst the layout of the acreage also enjoys the option for an off-grid power supply using wind and solar technology.
The earth consists of a combination of deep black soils and volcanic basalt and the current owners have established a business yielding organic export and domestic hay, along with prime lamb production. The land is NASAA (#3720) certified organic farmland providing an outstanding opportunity to generate a diverse range of activities from horticulture to viticulture to grazing or, alternatively, sell to existing allotments or subdivide and on-sell land to lifestyle purchasers for residential development (STCA).
Positioned on the Wimmera Highway and with easy access to Newbridge, Bridgewater, Marong, Bendigo and Melbourne, this flexible opportunity will allow the buyer multiple options including the chance to continue farming a certified organic operation; convert to traditional farming or establish an alternative mixed farming enterprise. The practical location would also be ideal for transport operators seeking a depot, bulk handling facility or freight exchange set up.