Rural for sale

752 New England Highway,

Nemingha, NSW

2 1 0
Price Guide $1,150,000 - $1,250,000

'Monte Cristo' - DEVELOPMENT OPPORTUNITY

AREA: 36.127 hectares (89.27ac)

LOCATED: 8.2kms from the Tamworth Post Office on the Cockburn River.

DEVELOPMENT OPPORTUNITY: ZONED R5 Large Lot Rural Residential; Potential subdivision for minimum 2Ha lots subject to council approval

COUNTRY: Productive Alluvial Cockburn River flats.

IRRIGATION: 575 megalitres consisting of 383MG of unregulated Cockburn River water source and 192ML of ground (well) water entitlement

WATER: 2 x 180,000 litre galvanised storage tanks; Diesel pump connected to an underground mains water network servicing hydrants for irrigation; excavated holding dam and 3 troughs interchangeable with town and river water.

FENCING: Excellent condition; Steel pickets, ring lock, 2 barb & 1 plain. Fenced into four paddocks plus house yard.

IMPROVEMENTS: Spacious two bedroom weatherboard home. Sunlit and tastefully renovated kitchen, with dishwasher. Renovated bathroom; open-plan lounge room and dining area; wood heater; evaporative cooling; new carpet; large bedrooms; sunroom; external laundry with 2nd toilet.

Hay shed: 23.5m x 9.5m and Machinery Shed: 8 bay 30m x 6m

REGIONAL SERVICES: Tamworth Regional Livestock Exchange; Regional Airport with daily flights to Sydney; Public & Private Schools; modern Public Hospital and Private Hospital.

INCLUDED IN THE SALE:
Travis 5 by 396m (approx.) Side Roll irrigation system
Two shipping storage containers with roofing
Steel cattle yards, vet crush and loading ramp
Steel sheep yards, scales and hydraulic lift

The property is overflowing with opportunities. Zoned R5 Large Lot Rural Residential with three Land Titles allowing for development opportunity. The water licences and irrigation system could turn the property into a productive Lucerne &/or horticultural farm, fat lambs, etc, and with great exposure to the New England Hwy frontage. The comfortable home on the property means you could move straight in or rent out at a good weekly return.
Current owners have run a Dorper Stud and are currently fattening Angus Steers. 8.24ha (20.36ac) is planted out to both red (Tempranillo) and white (Chardonnay) grape vines, with a watering system in place.

In your spare time and with approximately 1km of river frontage, there is reportedly great fishing to be had.
For further images and information on this property, visit www.rebeccaknighttamworth.com
Last updated: 11:15AM on Jul 23rd 2017
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Raine & Horne Tamworth

507 Peel Street
Tamworth NSW, 2340
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752 New England Highway