Rated as 85% arable, Penally provides outstanding irrigated & dryland mixed farming potential, the property consists primarily of fertile red loams & grey self-mulching clays. In recent years, Penally has been operated as a grazing enterprise, with irrigated fodder crop production & a dryland Jojoba plantation of 40 hectares. The vendor estimates the property will carry 3,000 ewes and lambs. Penally has been run by the current owners since 1997, who are now keen to retire and enjoy a slower pace of life.

Penally is located 38km east of Narrandera and 65km west of Wagga Wagga. Centrally located in the heart of the Riverina, Narrandera is serviced by Regional Express airlines with daily flights to Sydney which is 550kms east by road.

Area & titles
The land area is approximately 753 hectares or 1860 acres on multiple freehold titles.

Rainfall & water
The district average annual rainfall is 450mm. The holding has 3.7km frontage to the permanent Old Man Creek. There are several dams and six troughs. The homestead garden water is secure and there are numerous rain water tanks.

Irrigation
Penally has two irrigation licences being; 606ML Mid Murrumbidgee Zone 3 groundwater licence and 12ML Murrumbidgee River General Security Licence. There is also a secure stock and domestic licence of 8ML. The irrigation system is supplied by two pumps on the permanent Old Man Creek and four irrigation bores. There is also a 20ML storage dam. Approximately 134 ha of Penally is developed for irrigation, currently 40ha is under centre pivot irrigation, 75ha is irrigated by a linear irrigator that travels 485m and there is 20ha of border check.

Pasture & timber
In recent years Penally has been carefully transitioned from double cropping irrigation to pasture development running 2400 ewes and lambs. Currently there is 377ha of improved pastures, including 115ha established lucerne, 127ha clover based pastures, 75 ha clover and rye and 60ha of ryre phalaris and clover. Timber native to the property is yellow box, red gum and grey box.

Soils & fertility
Penally consists primarily grey self-mulching clays and red loams, the holding comprises approximately 640ha of arable land. Traditionally, all crops are sown with 80kg/ha of MAP. Depending on the season if appropriate 70kg/ha of Urea is applied in the spring. All paddocks have a history of lime application. Soil tests are taken regularly.

Jojoba plantation
The Penally jojoba plantation was established in 1999 and has approximately 50,000 plants and is now well established and in full production. The vendor describes the jojoba plantation as low maintenance and lucrative. Typically plants are harvested in dry months, usually July and December. The workload is minimal with an annual application of herbicide to control spring weed growth.

Housing
The homestead on Penally is of brick construction, approximately 36 squares, features three bedrooms, kitchen, open plan dining/living room, family room, office, bathroom, laundry with second shower, mud room, patio, garage, carport and outside toilet. There is an open fire place, slow combustion heater and three reverse cycle air conditioners for year round comfort. The homestead is set in a delightful garden.

Infrastructure
Working improvements on Penally are located near the homestead and comprise a steel machinery shed, two steel framed hay/machinergy sheds, workshop and a storage shed.

Grain Storage
There are five silos with a storage capacity of 200 tonnes.

Livestock facilities
There are steel cattle yards with a loading ramp and a four stand (3 equipped) raised shearing shed with steel sheep yards and a sheep feedlot with capacity for 1200 lambs.

Fencing
The fencing is in good stock proof condition, predominantly ring lock and barb on steel posts. The property is subdivided into approximately 20 main paddocks.

Penally offers buyers operational flexibility and production options of irrigated and dryland cropping, irrigated pasture, prime lambs, beef, wool and jojoba. A true mixed farming enterprise with excellent improvements. Inspect so you can make your offer.

For Private Sale: $2,853,640

Agents:
Narrandera – Michael Martin 0428 913 061
Wagga Wagga – Sally Douglas 0428 862 645