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Sold on 17 Dec 2016

Catombal & Peedamulla Cumnock NSW 2867

  • Rural / Farming
  • 2,350 ha
  • Sold

Currently Operated as One Enterprise, To Be Offered Separately

    CBRE Agribusiness and Ray White Emms Mooney are pleased to present for sale Catombal & Peedamulla; two mixed agricultural landholdings currently managed as one enterprise located in the Central West region of New South Wales.

    The properties comprises a total area of 2,350* hectares Catombal - 1,740* hectares, Peedamulla - 610* hectares). The properties are currently managed to complement each other, due to the convenient proximity being only 2.5* kilometres apart via the Avondale Road. Both properties comprise quality soils, productive pastures and high rainfall relative to elevation, providing favourable growing conditions for crops and pastures.

    Key Investment Highlights

    Choice of Scale

    The opportunity to purchase either of two productive mixed farming properties or combine to capture economies of scale.

    Scale
    Catombal 1,740* hectares 12,750* DSE
    Peedamulla 610* hectares 5,900* DSE
    Total 2,150* hectares 18,650* DSE

    Development Potential
    Further cost effective productivity increases are achievable through an investment in fertiliser and continual development of improved pastures.

    Flexibility of Enterprise
    Diverse enterprise mix with both properties equally suited to cattle and sheep breeding and finishing, combined with cereal and oilseed production.

    Location
    Located centrally to the major regional centres of Dubbo, Wellington and Orange in the Central West region of New South Wales.

    Water
    Highly secure water availability via multiple sources

    Existing Management
    The existing management team is available to continue work under new ownership. The experience and intimate knowledge of the properties the team provides offers a new owner a seamless transition of ownership as well as an ongoing management solution for an owner manager or absentee owner.

    Catombal is a noted flagship property of the district, and possesses all of the key features required to operate a profitable agricultural enterprise boasting fertile soils, a favourable climate and reliable water supply from multiple sources.

    Catombal and Peedamulla are being offered as separate holdings, for sale via Auction at 11 am Australian Eastern Daylight Time (AEDT), Thursday 14 December 2016 at the Duntryleague Golf Club, Woodward Street Orange NSW 2800.

    For further information please contact the below personnel:

    Col Medway
    Director | CBRE Agribusiness
    0428 481 243
    colin.medway@cbre.com.au

    Richie Inglis
    Manager | CBRE Agribusiness
    0438 424 216
    richie.inglis@cbre.com.au

    Tom Sheehan
    Sales | Ray White (Emms Mooney)
    0414 418 232
    tom.sheehan@raywhite.com.au

    Ben Redfern
    Sales | Ray White (Emms Mooney)
    0457 770 062
    ben.redfern@raywhite.com.au

    Property Highlights

    Property ID2015942703
    Date Sold17 Dec 2016
    Floor Area23,500,000 m²
    Land Area2,350 ha
    ParkingOn site parking available
    Category
    Last updated  11 Jan 2021
    Map for Catombal & Peedamulla Cumnock NSW 2867
    Map for Catombal & Peedamulla Cumnock NSW 2867Catombal & Peedamulla Cumnock NSW 2867
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Property Highlights

    Property ID2015942703
    Date Sold17 Dec 2016
    Floor Area23,500,000 m²
    Land Area2,350 ha
    ParkingOn site parking available
    Category
    Last updated  11 Jan 2021
    CBRE Sydney
    Level 21 363 George Street Sydney NSW 2000

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