Area: 39.76 hectares or 98.25 acres Location: located only a short drive west of the Tamworth C.B.D Monterey is just 24km from the centre of town, with the added bonus of tar sealed roads to the front gate. The property also offers an easy commute to those working west of Tamworth in the mining and agricultural sectors. Country: Currently supporting a large body of native and natural grasses, the country on Monterey is level to very gently undulating with general red basalt soils. Ideal for livestock and fodder cropping, the block is 90% arable and features a good selection of shade trees. Improvements: offering a good mix of improvements, a key feature is the equine arena, previously being used to run barrel racing jackpots, but equally suited to cow horse disciplines, jumping and dressage pursuits. There is a huge amount of shed space, including a workshop area and truck/gooseneck parking bay. Fencing into six main paddocks is of a good standard, with hinge joint, plain and barbed wire fencing all being used. Monterey has all the attributes of a quality property, but also offers incoming purchasers plenty of upside and the ability to further develop the property to their own standards. Home: a quality home, constructed of brick and tile with three decent sized bedrooms with built-in cupboards, polished/unpolished cypress pine floorboards, L shaped kitchen and dining area, 2 x wall mounted split system air conditioners, decent kitchen area overlooking the backyard and a front barbecue area. The home is positioned on a slight rise and offers great views of the surrounding countryside. Water: the water supply on Monterey is supplied by a stock and domestic bore with electric submersible pump pumping to two header tanks and gravity feeding to stock water troughs in every large paddock. Water to the house is supplied by two large rainwater tanks and a pressure pump. Comments: a rare holding in the current real estate climate, this property will present purchasers with a great chance to step into the acreage market. A great long term prospect with the opportunity to develop and build equity, the property will be sold so do not miss your chance on this one.