Sold $12,500,000

Merrimba

PRICE
Sold $12,500,000
SIZE 6,200,000 sqm
Bedrooms 3
Bathrooms 1
EOI CLOSING DATE November 25, 2021

4359 Barton Highway, MARCHMONT NSW 2582

Property Features
  • 3 bed
  • 1 bath
  • Land is 6,200,000 m²

Land Agribusiness Water Development (LAWD) is pleased to present Merrimba (The Property) a quality mixed farming platform with future development opportunities located within the Yass-Canberra growth corridor.

One of the last remaining large parcels of land with direct Barton Highway frontage providing an exceptional landbanking opportunity being only 37* kilometres from the ACT.

Scale
Spanning 620* hectares (1,532* acres) a rare opportunity to acquire six titles, available in one line or as separate titles with a choice of lots from 80* hectares to 432* hectares

Location
Situated in the Yass Valley within the Southern Tablelands of New South Wales, only 12* kilometres southeast of Yass, 37* kilometres from the ACT border, 41* kilometres from the Gungahlin town centre and 47* kilometres from Canberra City. The Yass Valley is within easy reach of Sydney being only a 239* kilometres freeway drive to the M5/M7 intersection.

Access
Frontage to three roads provides a number of access points allowing efficient development opportunities.

Topography
The Property boasts a gently undulating and highly arable topography comprising productive creek flats gently rising to rolling slopes.

Water
Water is secured by multiple surface and groundwater sources which include a bore, four* surface dams and frontage to the reliable Murrumbateman Creek and Kittys Creek.

Pastures
The permanent pastures are based on phalaris, rye grass and sub clover. Fertiliser has only been applied intermittently in recent years providing the opportunity for further uplift in productivity.

Production
The Property has a long history of operation as a mixed farming property producing winter crops in combination with sheep and cattle production. The Property has the capability to sustain 6,200* DSE providing appropriate fertiliser and management is deployed.

Accommodation
The Merrimba cottage comprises three* bedrooms plus office, sunroom, bathroom, and kitchen. There is also a single garage under the roof line, fully fenced house yard and neat easy-care grounds. The home is currently rented for $360.00* per week to long term tenants.

Operational Improvements
Fit for purpose operational improvements for cattle and sheep enterprises include a four stand (unequipped) woolshed with sheep yards, cattle yards, hays sheds and machinery shed.

Future Development Potential
Attractive landbank opportunity – The close proximity to Canberra and current minimum lot size provides the Property with subdivision potential for future development.

Minimum Lot Size: 40* hectares with averaging (Yass Valley Local Environmental Plan 2014)
Zoning: RU1 Primary Production

For sale as a whole portfolio or as seperate titles by Expression of Interest Closing Thursday 25th November 2021 AT 4PM (AEDT)

*approximately

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Agents

Trish Brewer
+61 409 524 901
CONTACT AGENT

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