Kununurra WA 6743

72.00ha
|
Horticulture
Sold price: $1,470,000

Once in a Blue Moon

This is an extremely rare opportunity to acquire a solid income producing irrigated farm parcel in Western Australia’s magnificent Ord Valley Irrigation Scheme.

Located just 5 minutes from the Kununurra town centre and immediately adjacent the majestic Lower Ord River this 72 Ha property includes a luxury 2 storey 4 bedroom family home with pool surrounded by gorgeous shady tropical gardens, an adjacent mango orchard, a 1000sqm+ multi-purpose farm shed, 70 pallet space cool rooms, a dam, pump station & ancillary accommodation (under lease), 1200 Mega-litre water allocation and approximately 68.5 Ha of highly fertile irrigated farm land currently under lease returning over $75,000 per annum (indexed) with 10 years of the initial lease term left to run.

Property snapshot by reiwa.com

This Kununurra property was sold by Brad Williams at Kimberley First National Real Estate on 05 Dec 2019.

Property features

Floor area
208m2

Kununurra quick stats

Low end
$235k
Median
$323k
High end
$380k
Annual growth
43.3 %
Median rent
$455pw
Population
5,308

Get to know Kununurra

The townsite of Kununurra is located in the Kimberley region in the extreme northeast of the state, 3214 kilometres from Perth. When the Ord River Irrigation scheme was being planned in the 1950s a townsite was included in the proposed development. Amongst other submissions of Aboriginal names put forward for the new townsite being created in the vicinity of the Ord River Dam was "Cununurra", said to mean "black soil" and to be the Aboriginal name for the Ord River according to Mary Durack. A Mr. Lewis of the Public Works Department reported that a soil survey undertaken in 1954 had disclosed that 99 per cent of the land to be irrigated from the dam was composed of "cununurra clay". This name was not favoured by the Postmaster-General's Department because of its similarity to place names in Queensland, New South Wales and South Australia. However, to compromise, that department suggested adopting the spelling, "Kununurra", this version being approved in March 1960. The townsite was gazetted in 1961.

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Listing number: 4297509

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