LAWD is pleased to present for sale Riverbend, a highly productive and well-appointed rural lifestyle property situated on the banks of the Castlereagh River, within the Central West Slopes & Plains of New South Wales.
KEY INVESTMENT HIGHLIGHTS:
SCALE AND OPERATION | Comprising a total land area of 81.12* hectares (200.44* acres) of which 85%* (69.4* hectares / 171.5* acres) is arable farming land. Predominantly utilised for cereal and pulse production.
ACCOMMODATION | The five-bedroom brick-veneer homestead offers luxury rural living with an architecturally designed layout and no expense spared during construction. Providing a total under-roof area of 386* square metres, the free-flowing kitchen/living/dining area offers easy access to the outdoor deck overlooking the Castlereagh River below. All five bedrooms offer built-ins and are large in size. The master bedroom includes an additional ensuite bathroom with bathtub and double doors opening to the deck
WATER | Water for the property is a feature with a 72* megalitre Castlereagh River Gilgandra to Coonamble Water Source extraction license. An electric equipped bore provides secure water in addition to three* 22,500* litre rainwater tanks.
RAINFALL | The Bureau of Meteorology (Chelmsford Ave, Gilgandra) indicates a long-term, reliable annual average rainfall of 568* millimetres per annum.
OPERATIONAL IMPROVEMENTS | Improvements include a single lock-up garage adjoining the homestead, concrete floor secure machinery shed with skillion and power connection (single phase), horse stable and yard, 4* inch PTO irrigation pump, garden shed and 3.2* hectares (8* acres) of electric fencing.
LOCATION | The property is conveniently located being only 8* kilometres from Gilgandra, 72* kilometres from Dubbo, 395* kilometres from Newcastle and 445* kilometres from Sydney.
Purchasers will have the opportunity to purchase the property as a whole or as separate lot/s.
*Approximately
