One of the most productive & well improved properties in the Upper Hunter Valley. Significant capital expenditure has greatly improved this first class landbank into one of the district's trophy properties. High volumes of cattle have been traded off the property delivering a sound return on investment.
When analysing State-wide rural property values, other similar properties of prestige with comparable soil types, rainfall, improvements and proximity to major centres are transacting for as much as $5000 - $6000 per Acre. With this in mind, there is significant upside to the price guide on Timor Creek.
Country: Comprising 1679 Hectares, 4148.8 Acres. A highly regarded property with a long standing history of selling market topping weaners and sound well developed horses. Timor Creek sits within the valley area created by Timor Creek. The property transitions from creek flat influenced alluvial soil, grey loams to sloping heavy basalt grazing country. 6 kilometres of new fencing and 32 paddocks.
Location: Counting polo farms, horse studs and grazing properties as nearby neighbours. Located 45 minutes north east of Scone and east of Murrurundi, the property enjoys a pristine and private setting.
Homestead: Truly one-of-a-kind, this magnificent rural homestead has been meticulously crafted and reinvented with hand-picked inclusions to create a bespoke home of luxury. With an elevated position that affords breath-taking rural views, the homestead has been immaculately renovated and never lived in. Comprising 3/ 4 bedrooms, every detail has been painstakingly considered.
Equine: Located in the limestone belt and not far from the districts stallion stations, Timor Creek has a successful history within the thoroughbred industry. Recent improvements include 6 kilometres of new post and rail fencing and a beautifully refurbished 32 box stable barn.
Improvements include a new set of 800 head steel cattle yards, fully enclosed machinery shed, steel framed hay shed and a 1 bedroom self contained worker/ guest accommodation. All improvements are in impeccable order.
The vendor has a registered bank valuation (March 2021) for Timor
Creek of $11,250,000 or $2712 per Acre. Timor Creek is for sale with offers over bank valuation.
