Ray White Inverell proudly offers 'For Sale' this outstanding property consisting of 519.11 hectares (1,246.13 acres) only 5.5kms South of Inverell. The current owners have successfully run the property as a productive rural enterprise since 1968 and reluctantly offer the property 'For Sale' to 'Finalise The Family Estate'. There is extensive Development and Subdivision potential with 21 Lots comprising 181.78 H/A (448.99 acres) currently Zoned R5 Large Lot Residential 4 H/A allotments and the balance 337.33 H/A (833.20 acres) zoned RU1 Primary Production 40 H/A allotments allowing for up too 45-50 allotments subject to development approval. A current Development Approval in place for five 2 hectare allotments fronting the Northern boundary on Bundarra Road . Town water services the Eastern road side and is near the Western road side. Electricity services connected to the property and available in several locations across and joining the property. Situated only 5.5 kms to Inverell, 800 metres to Inverell Golf Course and 2kms to the village of Gilgai. Extensive frontage to three roads 2.75 kms to Bundarra Road, 2.4 kms to Old Bundarra Road and 1.5 kms to Schwenkes Lane. Improvements include the original Homestead dating back to the late 1800's 5 bedroom with ensuite, a second home being a three bedroom weatherboard cottage, older stock yards and machinery shed. Water is a feature across the property with town water available, creek frontage, spring fed holes, dams and reticulated troughs. Fenced into 17 paddocks. 176 hectares (435 acres) acres currently cultivated in a crop rotation. The balance is grazing country with native grasses, clovers and legumes. Timber is Box, Apple and Gum. For a full Information Memorandum available. Contact Ron Berkley 0417-612 660 or Tyler Berkley 0455-681 002 of Ray White Inverell 02-6722 3000.