ONCE IN A LIFETIME PROPERTY – 458 ACRES, RIVERFRONTAGE, 14KM FROM THE CBD!

Livestock - Elland NSW

The term ‘one in a million’ is perhaps the only adequate way to introduce this exceptional property. 458 acres of rolling hill country with a fertiliser history dating back to 1967, Orara River frontage, dual access, and a location less than 14km from the CBD.
With a conservative carrying capacity of 150 cows + calves, this 185.2Ha/458acre property has been fertilised extensively since 1967; originally with aerial fertilising, and more recently with chook manure and NPK sweepings. Looking at this property from an aerial map, the benefits of this extensive fertilising are very evident.
There are two points of access: one via Rushforth Road (bitumen) and onto a Right of Carriageway (gravel) to the front gate. Secondly, there is also access off the Armidale Road (bitumen) onto Goulds Road (council maintained gravel road) and in to the property by a battleaxe entrance.
The property satisfies requirements for a dwelling entitlement and there are a number of very scenic home sites.
The property overall is gently undulating; with hill on either entry point and sloping into a number of gullies and down into the Orara River. You have an impressive 1.5Km of frontage to the Orara River; ideal for fishing, swimming or kayaking, and also providing a valuable resource of water for livestock.
There is a set of timber stockyards with crush and loading ramp, and good access for a semi.
1211 Rushforth Road is located in the Clarence Valley Council district and is in the RU2 and RU1 zoning categories.
The property is identified as Lot 331 DP 1221284 (main portion) and Lot 1 DP 111325 (battleaxe portion).
The vendor has expressed an interest in leasing the property back, if desired. This would be on a 5 year term with option to renew and option to sublease. Lease fee would be paid quarterly in advance.
The lease amount is proposed to be calculated at 5% of the purchase price plus GST (eg: sale price of $1,400,000 = lease price of $70,000 + GST = $77,000 per annum).
While we’ve explained most of the physical attributes of this holding, only an inspection will truly do this property justice. The views across to the Gibraltar Range at sunset are just divine, the river ever so inviting, and the rolling hills picture-perfect.
Please phone JoJo Newby of Farrell McCrohon Stock & Station Agents on 0417 690 637 to declare your interest. Your urgency is encouraged as we anticipate strong interest from the market and an imminent sale.