Sold
''Peel River Park'/931 Nundle Road,
Tamworth 2340, New South Wales
$2,050,000
Property details
-
Agents
PEEL RIVER HAY PRODUCTION POWERHOUSE
The deep, rich alluvial soils are perfectly suited to lucerne and fodder production. This enterprise is underpinned by a 243 unit share (243ML) groundwater access license. Coupled with direct access to some of the highest security groundwater this property is set up to perform.
The property consists of a total of 120 acres (48Ha) approx comprising 80 acres situated on the river primarily developed for irrigation. The balance of 40 acres sits above the road and includes grazing areas, improvements and support land.
The improvements include a comfortable homestead and shedding to house both the product and the machinery required to produce it.
The irrigation system consists of an interconnected network of underground mains sourcing water from three highly productive wells to approximately 20 hydrants. Utilising side-roll overhead irrigators, the chosen crop can be watered easily and at any stage of the growing cycle.
It has been said that the No. 1 well on 'Peel River Park' could be the single best water source in the valley which continued to produce water right throughout tough years including 2018 and 2019.
The jewel in the crown of the irrigation system is the ultra-efficient, underground drip irrigation system installed to 25 acres where water is delivered directly to the roots of the plant.
The hay production enterprise and supporting grazing land lends the property to your choice of small livestock enterprise. This is made possible by the existing sheep and cattle yards and a single stand shearing shed, which are included in the sale.
The timing of the sale offers the purchaser an almost instant return being midway through the hay production season. Simply continue to cut, bale and stack hay to service the existing clientele that have been arriving at the gate to purchase hay for up to 40 years.
'Peel River Park' is offered for genuine sale as the vendors have confirmed it is now time to retire.
This property could continue to serve as a standalone hay production operation or as a vertical integration acquisition to provide feed security for an existing enterprise.
The agent has been instructed to submit all offers for serious consideration.
Please contact Stuart Southwell for further information or to arrange an appointment to inspect.
Explore the area
School catchments
- Nemingha Public School Primary K-6 Government 7.0km
- Farrer Memorial Agricultural High School Secondary 7-12 Government 8.4km
- Dungowan Public School Primary K-6 Government 9.1km
- Tintinhull Public School Primary K-6 Government 10.2km
- Carinya Christian School Tamworth Combined K-12 Independent 12.3km
- Kootingal Public School Primary K-6 Government 12.4km
- Liberty College Primary K-6 Independent 13.5km
- St Nicholas' Primary School Primary K-6 Catholic 14.2km
- Timbumburi Public School Primary K-6 Government 14.6km
- Tamworth Public School Primary K-6 Government 15.0km
- Oxley High School Secondary 7-12 Government 15.2km
- Tamworth High School Secondary 7-12 Government 15.3km
- St Edward's Primary School Primary K-6 Catholic 15.4km
- St Edward's Primary School, Robert Street campus Primary Catholic 15.5km
- Tamworth West Public School Primary K-6 Government 15.8km
- Tamworth South Public School Primary K-6 Government 15.8km
- St Joseph's Primary School Primary K-6 Catholic 15.9km
- Moonbi Public School Primary K-6 Government 16.2km
- McCarthy Catholic College Secondary 7-12 Catholic 17.1km
- Calrossy Anglican School - Simpson House Campus Secondary Independent 17.1km
- Peel High School Secondary 7-12 Government 17.7km
- Calrossy Anglican School Secondary K-12 Independent 18.7km
- Calrossy Anglican School - William Cowper Campus Combined Independent 18.7km
- Calrossy Anglican School - Tangara Campus Secondary Independent 26.3km
- Quirindi High School Secondary 7-12 Government 52.2km
- Walcha Central School Combined K-12 Government 55.5km
- Manilla Central School Combined K-12 Government 56.0km
- Uralla Central School Combined K-12 Government 71.3km
- St Mary's College Secondary 7-12 Catholic 79.1km
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.