Sold
Glen Hazel Road Bundarra,
Inverell 2360, New South Wales
$4,400,000
Property details
-
Agents
"Koorani & Glen Hazel Aggregation"-Development Opportunity with an Abundance of Water
Water security is a point of difference with three water licences supported via a significant storage dam with a capacity of approximately 1500 ML. The WAL's comprise two unregulated river licences of 100ML and 75ML respectively as well as a 4.5ML stock and domestic licence. The licences combined with the substantial storage which benefits from overland flow creates an efficient opportunity to develop irrigation. Three phase power is connected to the shedding which is located in close proximity to the dam. In addition there are numerous stock watering dams and frontage to Sandy Creek.
The improvements include a two story, double brick, four bedroom homestead on 'Koorani' plus a four bedroom cottage on 'Glen Hazel'. Located in an attractive setting, the main homestead overlooks the storage dam where golden sunsets and recreational activities such as water skiing, kayaking and fishing have been enjoyed. The homestead is well positioned with proximity to Thunderbolts Way where school bus and mail delivery services are available.
The shedding and working infrastructure are well catered for and comprise two sets of steel cattle yards with a central laneway system, a large steel frame hay shed and attached skillion bay, two machinery sheds with workshop plus additional storage for plant and equipment. Adjacent to the homestead is a fully self contained flat positioned above the main workshop area and an office. The fish processing shed is complete with water pumps, piping, holding and purging tanks, a muck tank and a coolroom. The well developed aquaculture infrastructure is currently not in operation, although it has been well maintained.
The properties are well fenced and divided into 25 main paddocks. The grasses are principally summer active native species presenting with a strong ground cover. With the absence of any top dressing for a number of years an opportunity presents to further drive the level of grazing production with some investment into fertiliser inputs and fodder cropping. The average annual rainfall recorded for the area is approximately 760mm.
The scale, level of developed infrastructure and location of the properties, in combination with the WAL's and storage, create opportunities for diversification into a range of intensive agricultural enterprises.
Auction 27th October 2022 10-30am - Venue Armidale Ex Services Club 137 Dumaresq Street Armidale NSW 2350.
For further information contact Ron Berkley 0417-612 660 Ray White Rural Inverell 02-6722 3000
Explore the area
School catchments
- Tingha Public School Primary K-6 Government 14.4km
- Bundarra Central School Combined K-12 Government 14.5km
- Gilgai Public School Primary K-6 Government 20.8km
- Holy Trinity School Combined K-10 Catholic 29.1km
- Inverell Public School Primary K-6 Government 29.7km
- Ross Hill Public School Primary K-6 Government 29.9km
- Macintyre High School Secondary 6-12 Government 30.2km
- Inverell High School Secondary 7-12 Government 30.4km
- Gum Flat Public School Primary K-6 Government 31.0km
- Delungra Public School Primary K-6 Government 50.2km
- Kingstown Public School Primary K-6 Government 52.0km
- Bingara Central School Combined K-12 Government 54.4km
- Ben Lomond Public School Primary K-6 Government 54.5km
- St Mary of the Angels Primary School Primary K-6 Catholic 59.2km
- Guyra Central School Combined K-12 Government 59.5km
- St Joseph's Primary School Primary K-6 Catholic 60.0km
- Barraba Central School Combined K-12 Government 61.1km
- Glen Innes High School Secondary 7-12 Government 70.4km
- Warialda High School Secondary 7-12 Government 74.3km
- OneSchool Global NSW - Armidale Combined 3-12 Independent 74.6km
- New England Girls' School Combined K-12 Independent 74.7km
- PLC Armidale Combined K-12 Independent 74.9km
- Armidale Secondary College Secondary 7-12 Government 75.6km
- The Armidale Waldorf School Combined K-11 Independent 76.3km
- O'Connor Catholic College Secondary 7-12 Catholic 76.9km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Video
Contact Ron Berkley
Contact Ron Berkley
Ron Berkley
Glen Hazel Road Bundarra , Inverell NSW 2360
Request a callback
Ron Berkley
Glen Hazel Road Bundarra , Inverell NSW 2360