" Olive Vale", Bingara NSW 2404

This property lends itself to a breeding/fattening operation with huge scope for further development to increase carrying capacity. All aspects of this block are very tidy and well developed.


Situation:

20kms from Bingara and 20kms from Warialda off the Allan Cunningham Road.

Area:

482ha (1,192ac)

Rates:

Gwydir Shire Council $1,388 pa

NWLLS $ 462pa


Rainfall:

700mm (28in) annual average

Country:

Generally gently sloping on the western and northern areas, rising up to some steeper, timbered country along the southern boundary. Soils are mostly loamy trap and basalt. Timber is mainly Kurrajong, Box, Ironbark and Pine.

Cultivation:

Approx 100ha (250ac) of contoured cultivation with 45ha currently sown to forage sorghum.

Water:

4 large dams; sub-artesian bore equipped with electric submersible rated at 3,000 gal/hr; 2x5,000 gal poly tanks; 7 troughs and 13,000 gal rainwater storage.

Fencing:

Excellent fencing being predominantly split posts, steel pickets and timber end assemblies. Mixture of hingejoint and some 3 barb/3 plain with steel swinging gates. Sub-divided into 11 paddocks.

Homestead:

Clean, fresh and a well presented renovated home consisting of 3 bedrooms and 3 bathrooms. The main bedroom has a walk-in-robe and ensuite and the other two bedrooms have built-in wardrobes. Open plan kitchen, dining and lounge room with a walk-in pantry. Large inviting verandah, looking out onto established gardens and well groomed lawns. Complimented by 2 wood fires and 3 split system air conditioners and a large walk-in coolroom off the kitchen. On the eastern side of the house there is an inground, saltwater chlorinated swimming pool.

Sheds:

3 bay steel storage shed 15m x 30m
Hayshed
3 car garage

Cattleyards:

All steel panels with a steel crush and large receiving yard.

To be offered with two options

- As a whole for $1,350,000

- Grazing block partially cleared with a large dam, being approx 364 ha (900 acres) - subject to survey - $650,000.