2920
Casino Coraki
Road
tatham
NSW,
2471
SOLD
Sold for $2,600,000
7
3
4
Land: 119.70 Hectare
119.7ha - Water, Location, Black Soil
***We are open for business - this home can be viewed by private inspection. Please call Graham for further details. Our property inspections are conducted at a safe distance with hygienic measures in place.***
This nearly 300 acre property is located 24 minutes from Lismore, 17 minutes from Casino and 53 minutes from Ballina Airport. The property consists of 11 separate titles and is currently used for cattle breeding. New fencing roadside (boundary and internal) measures 2.2km in total. The pasture is currently all undersown with rye and consists of kikuyu, rhodes and seteria. Carrying capacity is between 125-135 breeders.
There is a 4 bedroom colonial homestead in original condition, perfectly positioned on the banks of the Richmond River with great views from the wraparound verandah. This homestead has a new roof and could be spectacular with renovation. Also on the property are 2 additional cottages which are currently rented out for extra income.
There's a good amount of shedding on the property with a 14x28m workshop/storage shed, 16x16m old dairy, 13x25m shed frame standing in need of roof and walls, as well as other shedding.
Water is a feature of the property with a large lake, stock and domestic bore and troughs, and approximately 2.2km of Richmond River frontage. A 78 megalitre water irrigation license comes with the property and is unregulated.
The property is 85-90% arable and would suit tea tree and sugar cane summer and winter cropping. This would make an ideal cattle and hay making enterprise, and the opportunity to obtain large scale cropping in this area is rare. With farming country getting in excess of $8000 an acre, this property is priced on the mark and has a top location, irrigation and quality soils as an added bonus. The smart investor will recognise the worth of this property with the multiple land and dwelling entitlements plus road frontage and Richmond River frontage. Contact Graham Cruickshank to arrange your private inspection 0499 988 809.
Agents
About tatham
median house price
622000suburb growth
146.3%median house rent
420suburb rental yield
3.5%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
