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153 Balldale-Coreen Road

Corowa, NSW 2646, Australia
$2.90m
3 bed 2 bath

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Area Price Guide
$2.73m$3.07m

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$650,000
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+346%
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1 month ago
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About this property

"Flexible Farming Opportunity - 'Pineleigh' is Offered as a whole or in non-contingent portions" Located just 22km from Corowa and a comfortable 64km drive west of the major regional centre of Albury/Wodonga, "Pineleigh" is ideally situated with excellent access to key agricultural services, including the Corowa saleyards (20km), Rivalea feed mill (19km), and the Oaklands GrainCorp depot (45km). This is a rare opportunity to secure a significant, well-balanced farming operation, available either as a whole or as three non-contingent portions. The property spans a total of 1,756*acres (710.83*hectares), with a mix of soil types from heavy to sandy loams. Situated in a 20-21" (500-525mm) rainfall district and supported by 11 surface dams and 3 bores, "Pineleigh" is well-equipped for water security. This is an ideal investment for those looking to expand an existing operation or establish a new one in a proven and productive area. 1. "Pineleigh Homestead" The heart of the property, this 698.78*acre (282.79*hectare) block includes the main homestead and core infrastructure. The comfortable three-bedroom, two-bathroom weatherboard home provides a welcoming base, with reverse-cycle air conditioning and wood heating for year-round comfort. Water security is a key feature, with ample supply from three large rainfall tanks and a reliable bore system, securing both domestic and stock needs. Farming infrastructure includes, a three-stand shearing shed, a new set of steel sheepyards, a workshop, a machinery shed, and a grain shed with two silos. The property is divided into five paddocks and currently has crops of Wheat (57*Ha), Canola (77*Ha), and Barley (40*Ha). 2. "Mahonga Lane Block" Spanning 757.05*acres (306.37*hectares). Watered by six dams and a stock and domestic bore with a solar-powered submersible pump, installed in 2016. The property is fenced into seven paddocks and is currently under crop with Wheat (30*Ha) and Barley (105*Ha). 3. "Chivells" The third portion, covers 300.64*acres (121.67*hectares) and offers a great opportunity for smaller tack on block. It features two dams and a stock and domestic bore with a solar pump, installed in 2003. This block is currently in crop with wheat (103*Ha). Whether you're looking to take the next step, secure a substantial mixed-farming property, or find a well-located addition to your existing portfolio, 'Pineleigh' offers a flexible solution. The flexibility to purchase the entire property or one of the three non-contingent blocks provides a tailored investment opportunity for every buyer. With its reliable rainfall, infrastructure, and proven productivity, "Pineleigh" is more than just a farm, it's a chance to secure a solid, profitable future.

Property Features

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    Repayment calculator

    $14,059/month
    $7,030 /fortnight
    Loan $2,320,000 at 6.10% over 30 years

    Upfront costs

    Deposit$580,000
    Stamp duty$139,724
    Conveyancing (est.)$2,000
    Total upfront$721,724
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    2
    Listed
    1 month ago

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