Shepparton property listing and photos

Many thanks to SWLing Post contributor, Rafman, who shares the following info regarding the Shepparton broadcast site “Land Banking Opportunity” posted on Sunday. Rafman writes:

I found an excellent slide show & the the listing at

http://property.cbre.com.au/properties/490-verney-road-shepparton-north-vic-3631/

[T]hey’re marketing it as “agricultural”

Thanks, Rafman. Here’s the current property description from the ad:

490 Verney Road, SHEPPARTON NORTH, VIC, 3631
For Sale
By Expression of Interest

Significant Land Banking Opportunity

CBRE Agribusiness is pleased to present for sale 490 Verney Road, Shepparton North. Strategically positioned in Shepparton’s northern growth area, the property offers a large scale grazing opportunity with land bank potential.

Key features of the offering include:

– Significant and strategic 229* hectare landholding set across five freehold Certificates of Title

– Located moments from the Shepparton Town Centre (5* minutes) and just over two hours from the Melbourne CBD and Melbourneâ??s International (Tullamarine) Airport

– Situated opposite the highly regarded Goulburn Valley Grammar School

– Extensive road frontage of over 3,300* metres including Goulburn Valley Highway (417* metres), Verney Road (1,286* metres) and Grahamvale Road (1,606* metres)

– Access to irrigation with 12ML* high reliability water entitlement

– Two constructed irrigation channels

– Future Urban Development Opportunities (STCA)

– Site adjoins Low Density Residential and General Residential Zoned land to the west

*approximately

One SWLing Post reader, who works in real estate in Australia, explained to me that:

“An Expression of Interest (EOI) sale is a bit like a combination of an auction and private treaty sale. Typically, the property will be on the market for a set amount of time (often 1-2 months). During that time, potential buyers evaluate the opportunity, then submit their confidential bids with any conditions via the agent. When the consideration period ends, the seller reviews the offers and picks the best. EOIs are often used for unique properties like Shepparton.

They’re plugging the agricultural potential with the idea that an investor might “land bank” the purchase…meaning, buy the site, then use it for agriculture (grazing, etc.) until zoning and capital are in place for future urban development. Unless the buyer has very deep pockets and local political pull, it would likely take many years to have things set for residential development. If this were zoned residential already, it would be indicated (IN BOLD!) in the listing. Hi hi!”

Thank you for the clarification. I also understand that the site is still being managed and serviced by BA engineers and technicians.

4 thoughts on “Shepparton property listing and photos

  1. Ian P

    Would be interested to know if Broadcast Australia had any offers from anybody else to use the site as it was rumoured on a few dx programs or If they have just given up and put it on the market

    Reply
    1. Keith Perron

      Shepparton like Sackville is not in a good location to be used by anyone. The main targets now for shortwave are Africa, Southeast Asia and East Asia. And there are already sites in Singapore, Philippines, Sri Lanka, France, Germany, South Africa, and Madagascar that already provide excellent coverage to these areas.

      What is unique about Shepparton is for most of it’s history it only ever broadcast Radio Australia. There were a few periods the BBC Empire Service use it. Even a couple of VOA broadcasts during the Korean Conflict and Vietnam War. But it was always only Radio Australia.

      Even at a time when what was known as the group of 8, which included: Radio Canada International, Radio Netherlands, Radio Australia, Radio Japan, Swiss Radio International, Radio Sweden, Radio Austria, and Radio Korea International (today KBS World). All these broadcasters exchanged airtime using each others respective transmitter sites. The only one that didn’t was Radio Australia.

      There have been some that in the past contacted Broadcast Australia for airtime late 1999. But back then everything single minute was used by Radio Australia. When they did makes cuts and time became available, shortwave was already on a massive decline and no one was interested anymore.

      Reply
  2. Pingback: Shepparton property listing and photos – dxradio.de

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