$2,825,000

7 Bed  •  3 Bath  •  7 Car  •  84983.9848704m²

Main view of Homely rural property listing, Address available on request
Floorplan of Homely rural property listing, Address available on request
Second view of Homely rural property listing, Address available on request
+33

Sold

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$2,825,000

  • 7
  • 3
  • 7
  • 84983.9848704m²

Rural Property Sold on Tue 21 Jan, 2025

What's around Lochinvar

Rural Property description

“DUAL OCCUPANCY - INCOME-PRODUCING, HIGH YIELD”

Located on the fringes of Lochinvar, this operational free-range egg farm has been thriving since 1980. Its prime location offers convenient proximity to the Hunter Expressway, local shops, and wineries. Ideal for a family or partnership, this property is producing an AMAZING income.
Call Cathy Cattell on 0414 697 424 to discuss this further.
This property is an excellent land bank for long-term residential development, as it is strategically located across the road from an area already zoned for future residential purposes. With the neighbouring area already designated for residential development, this property presents a prime opportunity for future growth and expansion in the residential sector.
Town water is available on this property - a rare feature for properties of this size.
INCOME: The free-range egg farm is earning a substantial income, which would pay for a manager to run it and still earn you a profit as an owner with 17% yield,
PLUS, you have the 2nd home at the front of the property - Rental income potential of $650 pwk
This property is producing a HIGH YIELD INCOME !! Perfect for investors

The farm is equipped with modern infrastructure, featuring automated systems for feeding, watering, cooling, egg collection, and packing. The previous batch of birds yielded outstanding results over a 15-month period, benefiting from comprehensive support such as feed, packaging, and veterinary assistance.

The primary residence boasts four spacious bedrooms with built-in robes, ceiling fans, and large windows that flood the rooms with natural light. The central timber-style kitchen is well-appointed, showcasing a breakfast bar, stainless steel rangehood, electric stove, and wall oven. The floorplan offers ample living space, including a lounge, dining/family room, rumpus room, and office. Storage needs are met by the double garage and workshop area, perfect for housing vehicles, a small boat, or other recreational equipment. Entertainment is guaranteed year-round with the expansive covered outdoor area and sparkling undercover pool.

A separate manager's residence accompanies the main home, featuring three generously sized bedrooms with built-in robes. It includes a well-designed office, a recently renovated kitchen, and a bathroom with a separate toilet for added convenience. The versatile living areas include a rumpus room, dining rooms, and mudroom, providing ample space for various activities. Additional storage options are available with a double shed and a triple carport.

Noteworthy features of this property include a 110kw solar system, four grain silos, a 55 KVA generator, and a cool room. With nearby residential subdivisions, this property presents an excellent opportunity for income generation and potential future development, subject to relevant approvals (STCA).

Please call Cathy and her team.

Property features

ensuites

Ensuites: 1

toilets

Toilets: 3

Land details

Area: 84983.9848704m²

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