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296 Limestone Road

Inverell, NSW 2360, Australia
$4.10m
3 bed 2 bath

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$3.85m$4.35m

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About this property

AREA: Approx. 1177ha (2907 Acres) LOTS 4-8 DP244882 & LOTS 11,61,100,115 DP750065 Comprising; 594ha North side of Limestone Road, 583ha South side of Limestone Road REMARKS: Reliable, low-cost, easy management breeder grazing property. Higher ROI further timber treatment, fertilizer and introduction of woolly pod vetch, Property is leased June 25 to June 28 at $1800 per week - $93,600 per annum.[$6 per head based on 300 head] SITUATION: 60km from Inverell. Only 3.3km from Ashford. Strong, vibrant small community with excellent schooling facility, bowling club, golf course, service station & corner store/takeaway. School bus at front gate COUNTRY: Gently undulating country extending from large wide creek & gully flats to low hills SOILS: Mixture of both soft granite & soft trap soils TIMBER: Apple box, banksia, iron bark & pine GRASSES/PASTURE: Mixture of native & introduced grasses, clovers & medics. Production could be multiplied with the introduction of woolly pod vetch. Approx ¾ of the property would be suitable for direct drilling of pastures Pensacola pastures seems to suit the soils on Merlin WATER: Reedy creek runs through the property with 2 permanent holes of water in the driest of times. 12 dams (6 either side of Limestone Road, 5 are spring fed). Solar pump on bore [30M deep, .65L /m flow rate] to high tank at residence, supplies water to stockyards & 3 troughs (iron levels, ideal for stock, not suitable for lawns & gardens). Petrol pump on Sandy Creek to high tank at residence for grounds. Permanent water in all 5 main paddocks. 10,000gal rain storage on shed & 5,000gal on residence. 2nd bore 150m deep has been drilled but not equipped flowing at 1litre per second BOM average rainfall 724mm to 787mm FENCING: 5 main paddocks, 5 smaller holding paddocks. Exclusion fenced on north boundary; western boundary fence is new. Wallangra Rd boundary need to be replaced. RESIDENCE: Air-conditioned, renovated & spacious 3-bedroom residence with 2 living rooms and 2 bathrooms. Modern kitchen facilities. Fenced grounds. 16 solar panels supplying power to residence & sheds. SHEDS: 24m x 38m machinery shed including lock-up section and concrete floor. 2 car garage, machinery shed including office plus lockable section for fuel storage, etc. Second machinery shed. CATTLE YARDS: Large set of cattle yards of steel & timber construction. Crush including vet gate CARRYING CAPACITY: The present owner estimates 330 cows and selling off weaners Disclaimer: All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

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    Repayment calculator

    $19,877/month
    $9,938 /fortnight
    Loan $3,280,000 at 6.10% over 30 years

    Upfront costs

    Deposit$820,000
    Stamp duty$220,259
    Conveyancing (est.)$2,000
    Total upfront$1,042,259
    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
    Today

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