2451 Lachlan River Road Hillston NSW 2675

LAWD is pleased to present for sale Mitolo Hillston Portfolio (the Portfolio), an institutional-scale, intensive irrigated and dryland cropping opportunity underpinned by 6,005* megalitres of water entitlements and a packing shed facility, located in the highly regarded Lachlan Valley region of New South Wales.

KEY INVESTMENT HIGHLIGHTS

• Comprising a total land area of 3,646* hectares across four non-contiguous holdings, known as Moora (532* hectares), Shilo (673* hectares), Glenavon (2,435* hectares) and the Lachlan River Packing Shed (six* hectares), within a 14* kilometre operating radius of one another.
• Currently utilised for irrigated and dryland cropping pursuits, with a focus on the production of 40,000* tonnes of brushed potatoes per annum, as well as cereals (wheat and barley) and oilseeds (canola), with the northern property utilised as a packing and grading facility featuring extensive coldroom storage.
• Extensively developed to 1,872* hectares of centre pivot irrigation, in addition to 1,542* hectare of additional dryland arable land, suitable for additional irrigated cropping pursuit.
• Underpinned by 6,005* megalitres of highly secure water entitlements via the Lower Lachlan Groundwater Source, with the ability to carry-over unused water entitlements year-on-year up to 150* percent, delivered from four bores across the Portfolio.
• A significant operating business with major national retail and wholesale market customers. This is supported by a high quality seed pipeline, much of which is exclusive to Mitolo.
• Benefitted by productive soil types, the majority of which are red brown chromosols and calcareous red soils, which feature high moisture retention capabilities, coupled with an excellent climate and reliable rainfall (average annual rainfall of 375* millimetres), ideally suited to a low-input cropping operation.
• Structural improvements and operational infrastructure include an extensive grading and packing shed facility, significant coldroom storage, machinery, implement and storage shedding, extensive workshops, chemical storage, fuel storage and fill points, grain silos (240* tonnes), 950* metre earthen airstrip and two dwellings.
• Extensive internal laneway systems provide efficient access for the movement of machinery and heavy transport, along with Kidman Highway frontage.
• Situated in the well-regarded Lachlan Valley region of New South Wales, one of Australia’s premium cropping regions, within proximity to Hillston (20* linear kilometres) and Griffith (100* linear kilometres), north of Wagga Wagga (247* linear kilometres) and west of Sydney (537* linear kilometres).

FOR SALE BY EXPRESSION OF INTEREST.

For further information, please contact:

Jaclyn Hope (Senior Director, Corporate Advisory) +61 424 596 858
Patrick Kerr (Sales Executive) +61 451 142 791
Danny Thomas (Senior Director) +61 439 349 977

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