Rural Farmlet Property Sold
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Going Cheap - Best Value on the MarketProperty ID 1633141Ray White Rural Tamworth are proud to present to the market a diverse small acreage with a wide ranging income potential for the buyer with vision. Positioned on 70.11 hectares / 173.17 acres and located a short drive to the growing town of Manilla NSW, just over half an hour from the thriving regional city of Tamworth NSW. The property is also within easy reach of recreational facilities including Splitrock Dam, Lake Keepit and Mt Borah Hang Gliding Park.
Accommodation: There are two homes situated on the property allowing for a wide range of uses and income potential. Options include living in one home and renting the second home out, or occupying one and having the other as secondary accommodation for extended family or workers quarters. House one offers four bedrooms, two bathrooms, timber kitchen and flooring and nice views of the valley. House two is a 3 bedroom home with previous history as a rental property.
Infrastructure: In addition to the two homes on the property, there is a large shed formally used as a piggery and cool rooms to store commercially produced yabbies. Potential rent return of $550 - $600 per week. This shed is approximately 575m2. There are also several other smaller sheds and structures in proximity to the main shed. Adjacent to the machinery shed is a set of usable older timber cattle yards.
Country: The land is approx. 50% arable with the bulk of the arable land on the north eastern side of the infrastructure. On the western side, the country moves from gently undulating to one steeper knoll. The steeper land is all grazable. The land could benefit from a pasture improvement program.
Water: Water to the property is secured by a gazetted river access licence which equipped by a petrol pump on the Manilla River. Licenced for stock and domestic purposes, the water is pumped to two tanks (50 000litres in total) then is reticulated to both homes and paddocks.
Fencing: Fencing is in reasonable condition throughout with a combination of netting, barbed wire and hinge joint. All fences are in stock proof condition.
Agents Comments: Offered for genuine sale due to relocation. Our motivated vendor has requested us to get this property sold. With scope for improvement to both pastures and infrastructure, here is a chance for the buyer with vision to capitalise on a well located small acreage with a diverse range of options. Contact the selling agents for more information.