Property Type: australiagrazingcropping Dwellings:

Land Area: 297 acres

Roseville Dungowan Creek Road
25kms to CBD

Property Information
Type: Rural
Land Area: 297 acres
Dwellings: 4 Bedroom Homestead
Location:
Description:
"Roseville"

LOCATION: Dungowan Creek Road. 3 kms from Dungowan Shops, 5 kms from Dungowan Hotel and only 25 kms from Tamworth CBD.

AREA: 297 acres includes approx. 160 acres , which can be irrigated. This 297 acres includes 120 alluvial creek flats, 40 irrigated gentle slopes, 60 arable slopes and 77 hill grazing

HOMESTEAD: In sound condition, this brick veneer 4 bedroom home is partially renovated with tiled roof and gauzed in back patio Queensland room. The home has air conditioning and a slow combustion heater. Not far from the home is guest accommodation, which includes an older style 2 room slab cottage with bathroom. Property is surrounded with large trees and established gardens and orchard.

TOPOGRAPHY: Quality Lucerne flats to arable slopes and some soft hill country

WATER: 411 meg license comprising of 9 water licenses, which includes 316 meg/L well and 1 creek license 95 meg/L. and 5 stock and domestic (all wells) 4 irrigation licenses. 2 wells are equipped with mains 3 phase power and 1 not equipped. Electric system and underground mains are in place to irrigate over 160 acres.

SHEDS: Double Car shed - 6m x 7m zincalume, Machinery shed - 6m x 16m open front

DAIRY: Disused brick herringbone dairy still has power and can easily be operational

FIXED EQUIPMENT: Underground mains, hydrants and electric motor and pumps, 3 travelling irrigators including large hard hose irrigator, Sundry pipes and fittings, small silo, water troughs and windmill.

SUMMARY: As a BONUS....this property has 'subdivision potential'. There are plenty of home sites to build your dream home on the soft country overlooking Dungowan Valley and creek flats. The Dungowan Village area is growing rapidly and this property is only minutes from the local shop and Dungowan Hotel.

FINANCIALS: For the serious buyer, please contact us to receive a portfolio showing profitability during the past 3 years. You will be more than pleased with the return.

Properties with this income potential don't come around too often.

Asking Price: $1.39

Method of Sale: SALE
Price: $1.39
Reference: #829 (Rural Listing)

 

 

Locational Information

Tamworth is a beautiful, vibrant and prosperous regional city of approximately 500km north of Sydney and 600km south of Brisbane; the city covers 184 sq km and is home to nearly 36,000 people. Tamworth is the "capital city" of the New England North West region of NSW, serving around 178,000 people. The retail industry is one of the larger employers and the range of products and services available compares more than favorably with cities. There is so much fresh produce supplied by local growers, from market gardeners and hydroponic farms to specialty foods based on fish, berries, wine, and olives - you name it - we grow it!