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2648 Old Narrandera Road

Currawarna, NSW 2650, Australia
$3.50m

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Area Price Guide
$3.29m$3.70m

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3
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$1.40m
Area median
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+150%
vs median
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2 months ago
Listed

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About this property

Inglis Rural Property in conjunction with McGrath Riverina are pleased to present Elsley Park, a versatile 640* acre mixed-farming property in the sort-after Riverina region 32*km from Wagga Wagga. SALE AND LEASEBACK AVAILABLE A Sale and Leaseback opportunity exists for passive investors by negotiation with the vendor. AREA 259* hectares (640* acres) SHIRE & RATES Wagga Wagga City Council - $2,812.00 p/a. LOCATION Situated only 32*km from Wagga Wagga, 134*km from Albury, 458*km from Melbourne and 492*km to Sydney. LAND Highly fertile, free draining, elevated red loam farming country with 85*% (221*ha) arability offering gentle undulation. Primarily cleared for cash cropping and livestock operations. Comprises 35*ha timbered shelter belt ideal for livestock. Flood free. RAINFALL 536*mm (Euberta BOM, 1972-2016) PROFESSIONAL MANAGEMENT Features strong agronomic history with minimum-till farming, stubble retention, recent lime (1.8*t/ha) and regular fertilizer history exhibiting above average yields and strong cashflow. Well fenced into 5 paddocks HIGH PRODUCTION A well-managed and maintained mixed farming operation, suited to prime lambs, beef cattle production along with dryland cropping. 7 year cropping program with generally winter cropping including wheat, canola, barley and oats produced. Impressive crop yields of 3.0-3.2 tonne/ha of canola and 4.5-6.0 tonne/ha of barley and wheat in recent years, along with a history of sorghum production. Excellent weed management. Precision Farming Yield Mapping Data available on request. WATER Includes a network of surface dams. Town water supply potentially available. HOUSING Suitable size for erection of a residence (STCA). Outstanding elevated house sites with good access. IMPROVEMENTS Set of steel cattle yards, small 2-stand woolshed along with significant new hinge-joint fencing across the holding. REMARK An excellent opportunity to secure a productive and well situated holding ideal for a passive investor (enjoying immediate cashflow), an existing operation seeking further scale, or an owner operator seeking a versatile and professionally managed rural lifestyle farming enterprise with a long history of modern/sustainable farming practices. FOR SALE Private Sale Price Guide - $3.5m Sam Triggs 0410 683 891 Liam Griffiths 0427 474 900 Jason Haines - McGrath Riverina - 0488 594 450 INSPECTIONS By Appointment. *approximately

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    Repayment calculator

    $16,944/month
    $8,472 /fortnight
    Loan $2,796,000 at 6.10% over 30 years

    Upfront costs

    Deposit$699,000
    Stamp duty$177,909
    Conveyancing (est.)$2,000
    Total upfront$878,909
    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
    Listed
    2 months ago

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