A 313.5 hectare property in the heart of Fiery Flat’s prime cropping country is expected to become a hot potato when it sells under the virtual hammer through AuctionsPlus on April 17.
River Farm’s five titles will be offered as a whole and include not just a valuable 1.5km of Loddon River frontage, the property is also crossed by Hope Creek.
FP Nevins and Co director James Nevins admits interest has “exceeded expectations” but says he is in a wait-and-see mode about the interest of a corporate buyer, who has also made contact.
Not surprisingly, a lot of the interest is from neighbours and nearby locals.
“I’ve been pleasantly surprised by the general local inquiries,” James says.
“Yes, I have spoken to a manager from a large corporate entity as well, but I don’t know if it will transpire into anything further than that,” he says.
Run for six decades by the one family, it sold just three years ago, and despite a good cropping performance since then, the current owner is divesting the property to pursue other interests.
James says for the almost 60 years the one family had the property, it was always run as a whole, as it has been with the current owner and says that’s how it will be sold.
River Farm is mostly arable land – with good shelter belts – and is made up of a mixture of strong black and grey loams, with red loam pockets, in four paddocks.
Ownership includes a 2ML high-reliability water right and access to three-phase power. And as its records prove, is well suited to both cropping and grazing.
“They’ve had some terrific crops on it,” James says. “In 2024 there was a cereal crop, but it could just as easily do something such as canola because it’s a mix of heavy black and grey and red loam base.”
The online auction starts at 10.30am.