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Sold $1,280,000

Rural Lifestyle in Superb Location

PRICE
Sold $1,280,000
SIZE 650,000 sqm

131 Red Hill Road, BOWNING NSW 2582

Property Features
  • Land is 650,000 m²

LAWD (Land, Agribusiness, Water & Development) in conjunction with Delta Agribusiness are pleased to present Springvale (The Property). An attractive and scenic property in a highly desirable location on the outskirts of Bowning and short ten* minute drive to Yass.

The Property comprises a total area of 65* hectares (160.61* acres) and provides the incoming purchaser with a unique opportunity to build with an approved building entitlement.

LOCATION
Springvale is located one* kilometre west of Bowning and 13* kilometres west of Yass*, within the Southern Tablelands of New South Wales. The township of Bowning offers a general store (Australia Post Office), café and Hotel. Yass is a progressive rural community with quality education, health, sport and agricultural services and facilities, including weekly prime sheep and cattle markets at SELX, approximately 10* kilometres.

ZONING
RU1 – Primary Production
Minimum Lot size – 40* hectares (Yass Valley Local Environmental Plan 2013)

BUILDING ENTITLEMENTS
This opportunity is unique to the market. The property has an approved building entitlement under the current LEP of Yass Valley Shire Council. There are a number of ideal building sites, all with stunning views. Electricity power lines run through the property, but power is not connected.

SOIL & TOPOGRAPHY
The property boasts a gently undulating landscape to rolling hills. Elevation varies from 578* metres above mean sea level (AMSL) in the north east of the Property rising to 596 metres* AMSL, in the centre of the Property. Soils are predominantly of granitic nature with clay alluvial types in the lower elevation areas.
Several established tree lines on the property provide wind breaks for building sites and shelter for livestock.

WATER
The Property is well watered by 7* dams, some of which are spring fed.
A natural water course dissects the property and features a number of natural springs.

PASTURES AND SCOPE OF ENTERPRISE
The Property is showcasing a healthy body of feed being predominantly native perennial grasses with sub clover content. The Property’s long-term carrying capacity is estimated to handle 10* dry sheep equivalents (DSE) per hectare.

SALE PROCESS
Lot 2 is being offered for sale by private treaty – Asking $1,500,000

Tim Corcoran Director +61 407 893 935 [email protected]
Bill Frew – Delta Agribusiness +61 428 482 686 [email protected]

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Agents

Tim Corcoran
+61 407 893 935
CONTACT AGENT

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