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524 Olympic Hwy North
Young NSW 2594
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Sold on 11 Apr 2014

524 Olympic Hwy North Young NSW 2594

  • Rural / Farming
  • 129 ha
  • Sold

Established orchard Subdivision Potential

Under instructions from Receivers & Managers PPB Advisory

524 Olympic Hwy North, Young NSW

This 129 ha property features red fertile soils, an irrigated cherry and plum orchard (approximately 31,000 trees) and is located 5km's north of Young.

Historical production figures are available by request.

The property will be offered in one line or as three separate parcels (Blocks A, B & C). Refer to map.

Block A (c.31 ha):
Includes a large cement rendered homestead with access from Olympic Highway and Isaacs Rd.

The block contains the following features:
c. 7 ha of cherries and c. 3 ha of plums
a 30 ML capacity dam
fruit packing shed
grading equipment
cool rooms.

There are three land titles within this parcel and the zoning is RU4 (small rural holdings) with a minimum lot size of 2 ha for future sub-division purposes.

Block B (c. 56 ha):
There is one land title associated with this parcel and the zoning is RU4 with a minimum lot size of 12 hectares. Features the following:
two dams (40 ML and 60 ML capacity each, plus a gravel pit with 180ML capacity)
c. 13 ha of cherries and c. 7 ha of plums.

Block C (c. 43 ha):
Views of Murringo Hills and has DA approval for subdivision into nine blocks.

A 30 ML water license is attached to this lot with an electric pump capable of extracting 1 ML/day. This block features:
a large dam with c.100 ML capacity (volumetric license 80 ML)
underground bore with capacity to pump 1 ML/day
c. 22 ha of plum and cherry trees
rain covers over a portion of the orchard

For further information or to arrange an inspection, please call Jock Snodgrass 0427 402 083 or Dick Cummins 0438 299 446.

Tenders for this property close Thursday 3rd April at 5pm EDST.

Property Highlights

Date Sold11 Apr 2014
Floor AreaAsk Agent
Land Area129 ha
ParkingAsk Agent
Property ID2011021330
Category
Last updated  11 Apr 2014
Map for 524 Olympic Hwy North Young NSW 2594

Property Highlights

Date Sold11 Apr 2014
Floor AreaAsk Agent
Land Area129 ha
ParkingAsk Agent
Property ID2011021330
Category
Last updated  11 Apr 2014

Listed by

Dick Cummins
Dick Cummins
Ray White Young
Call
0438 299 446

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