EDGE OF CITY PURCHASE & LEASE OPPORTUNITY
EDGE OF CITY PURCHASE & LEASE OPPORTUNITY50 Inglewood Road, Wagga Wagga NSW 2650
3 beds
1 bath
2 cars
Rural
361ha
3
1
2
•
Rural
361ha
Escape the hustle and bustle with this countryside retreat, ideal for those seeking peace and tranquility.
Miller & James Real Estate is pleased to present to the market a rare offering on the edge of the city of Wagga Wagga. Purchasing 'Avondale' with the option to lease 'Brunslea', consists of 361.46* hectares (893* acres) of rural zoned land located between the suburbs of Forest Hill, Gumly Gumly & Lake Albert. The properties are currently being used as a mixed farming operation with an emphasis on livestock & hay production. However, given its proximity to the growing city of Wagga Wagga, this asset could also be viewed as a once in a lifetime land banking opportunity for the patient investor. 'Avondale' is now offered to purchase, whilst the additional adjacent property 'Brunslea' is offered as a 5-year agricultural lease. KEY INVESTMENT HIGHLIGHTS 'Avondale' 164.76* hectares (407* acres) • Three-bedroom, one-bathroom homestead with established gardens. The house yard features large palm trees, expansive grass, carport and shedding with a maintained gravel driveway. • 3* min drive to the nearest supermarket, 1* min drive the Wagga Wagga Airport. 10* min to central Wagga Wagga CBD. You will not find grazing or farming country with this convenience. • New raised board, 4-stand woolshed with 1,000 head National stockyards. • Expansive 200ft x 60ft & 90ft x 60ft machinery sheds • Steel Red River cattle yards, undercover cement crush with scales & race. • 150 head (sheep) footbath. • 2 large drought lots with with cement troughs. • Five Kotzur silos - three 30T, two 38T. • Eight surface dams, Gregadoo Creek frontage, mains water connected to homestead and troughs. 'Brunslea' - Lease 196.7* hectares (486* acres) • Undulating mixed farming country, directly adjacent to the 'Avondale' northern boundary, off Inglewood Road. • Ample stock water with 6 dams and the additional Gregadoo Creek. • Exceptional fencing and gates, aligned with stock passageways with 'Avondale' for stock management ease. • Wetlands area that provides excellent summer grazing and water catchment. A detailed Information Memorandum & Contract of Sale will be available to prospective purchasers. The vendors are very genuine and are motivated to transact. Please contact the exclusive agents at Miller & James for a private inspection. Glen Simmons 0478 093 271 - [email protected] Bruce Holden 0428 278 546 - [email protected] * - Approx.