Semi-rural Acreage for sale

160A Geraghtys Acess,

Richmond Hill, NSW

3 1 4
$1,500,000

RICHMOND HILL

Located on the north western fringe of Richmond Hill and only eight minutes from the Lismore CBD is this 103 acre flood free property.

The current owners operate a small livestock enterprise with a maximum carrying capacity of 80 steers (or 40 breeders). The property is divided into five major paddocks and a few smaller holding paddocks. There is a set of cattle yards located near the front access which is accessible in all weather conditions and the fencing is in good condition.

The rich volcanic soils on the property contain improved pastures, including Rhodes grass and tropical climbing legumes as well as native grass species. There is also an abundance of native flora and fauna including black wallabies, bush turkeys, bush orchids and stag horns.

The property runs in a north/south direction with the majority of the property frost free. The property is ideal for horticulture activities including Avocados and macadamias. There are several north east facing slopes and the surface and subsoil drainage is excellent.

Located on the property is a three bedroom farmhouse that has been recently rented for $300/week. The home is in a very neat and tidy condition with a relatively new kitchen, freshly painted and very light and airy.

A 12m x 9m four bay steel shed is adjacent to the home and offers plenty of storage with power and phone connected. The home has town water connected, garbage service, certified septic system, mobile phone service and a carport for vehicles.

The true benefit of this property is the versatility. The property is suitable for a variety of agriculture operations, Rural Detached Dual Occupancy is allowed (subject to clause 4.2C), development potential with approximately 1.05ha of the property zoned R5 - Large Lot residential and a steady rental income stream.

The Richmond Hill area is the largest and one of the most popular rural residential estates in the Lismore area. It is conveniently located on the northern side of Lismore City and 30 mins to Ballina/Byron airport, just over 1 hour to the Gold Coast airport and 2 hours to Brisbane.

This property offers the conveniences of city living with the benefits of a rural address. The new owners can carry on with the current livestock practices or enter into some other field of agricultural enterprise. Importantly a new home could be built on the property offering not only a nice rental return from the farmhouse but a magnificent location to live.
Last updated: 06:27AM on Aug 15th 2017
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