It is the latest move by farm development investment company, goFARM.
The company says it is not a fire sale but a move that will see the redeveloped properties reach full production sooner.
Chief executive Liam Lenaghan said goFARM would either sell the property or engage an equity partner who could inject the millions of dollars required to bring the farms to completion.
The company has already planted almonds and mandarins on some of the properties in the Katunga, Yalca and Cobram East region.
The company will be expecting more than $200 million for the Sandmount Farms, because of the size of the farms and heavy investment in landforming, irrigation infrastructure and soil treatments. .
Mr Lenaghan said goFARM, an Australian-owned investment company, had spent more than $200 million during the past three and half years in aggregating and developing the Sandmount Farms.
He said the company had contributed towards creating an investment hotspot in agriculture in northern Victoria.
The properties went on the market last week and Mr Lenaghan said there had already been some interest.
Meanwhile goFARM is continuing with its development.
“Our number one priority is to keep the asset together and see its full potential realised.”
Sandmount has been listed with Land Agribusiness Water and Development (LAWD) which is advertising the property as a strategic location, with 50,000 Ml of water entitlements including 27,000 Ml high security.
The redeveloped land is expected to be able to support high-value crops including almonds, citrus, walnuts, stone fruit, wine grapes and vegetables.
Expressions of interest close on April 29.
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