Australia | Coonabarabran

Auction Thursday 21st November

16090 Oxley Highway, Coonabarabran, NSW 2357

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Description

Company Windup – Property Must Be Sold!
Outstanding Development Opportunity With Serious Upside The sale of 'Grenmore' represents an outstanding

rural property re-development opportunity with serious productivity upside. The property comprises 1,355 Ha or 3,375 Ac* freehold land with scale Soils are primarily quick response red sandy loams, with improved pastures comprising Syredella and Premier Digit together with native grasses and clovers. The country is gently undulating and approximately 75% arable. Good shade and shelter belts throughout.

Frontage to Bohena Creek the property is very well watered with 3 large reservoir dams together with 19 paddock dams strategically located throughout the property. In addition is a 177ML water licence, Wal 36293 included in the sale. Annual average rainfall is 750mm (recorded at Coonabarbran Show Ground weather station)

Improvements include a 5 year old 4 BR hardiplank home, two machinery sheds, steel and timber cattleyards with crush and ramp and 3 x 60tonne cone based silos. The property is subdivided into 19 paddocks, principally hinge joint and barb wire. Currently carrying 160 cows plus progeny and dry cattle, normally the owners carry 200 cows & progeny, There is enormous scope to increase these numbers with further pasture renovation and fertiliser application.

'Grenmore' is a blank canvass with the right ingredients - quality soils and water, screaming out for an investor wishing to purchase affordable land, develop and realise the full productivity potential on offer.

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Mike Clifton

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5 (14 Reviews)

Ian McArthur

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5 (14 Reviews)

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  • Level 33, Governor Macquarie Tower 1 Farrer Place, SYDNEY, NSW 2000
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