Monaro Highway, Cooma NSW 2630

AUCTION TO BE HELD AT THE ALPINE HOTEL MONDAY 16th MAY @ 12 NOON.

Auction will also be available to bid online. Please use the following link to register for the auction.

https://buy.realtair.com/properties/91612

Located in the Bunyan area of the Monaro, with frontage to the Monaro highway approximately 10 minutes to the thriving township of Cooma and an hour to the southern suburbs of Canberra.

Originally part of the larger holding of 'Homeleigh', this 900ac parcel of land is for sale after a very long held tenure by the Shanley family to allow for downsizing purposes. Successfully operated as a sheep and cattle enterprise, this parcel of land known as the Racecourse block provides a fantastic opportunity as an add on or starter block, in what is a very difficult market to find any land.

The land offers undulating native granite and shale derived soils with a mainly easterly aspect, which runs down to approx 60ac of established alluvial Lucerne flats producing on average 7500 small bales PA. Also complemented by 110ac of cultivation country adjoining the highway, generally sown to fodder crops providing a great area to finish stock.

Beautifully watered via a natural supply, via 9 secure earth dams, a number o which are spring fed. The security of the water can be vouched for by the owners through all seasons given their long history with the property.

Due to the land being sold off a larger operation, this parcel of land is being sold bare of any living or working improvements. giving the new owner the opportunity to buy land at a pure land only value, as well as being able to establish your own infrastructure. Based on requirements for dwelling entitlements on rural land in the Snowy Monaro Shire council, the minimum lot size required for a dwelling is 80ha. Based on lot size a dwelling would be permissible (STCA)

With limited amounts of rural property stock expected to be available this year, the sale of The Racecourse Block provides graziers the opportunity to secure very hard to find additional land. Take advantage of all of the services offered within the Monaro district that are easily accessible from this property.