$3,000,000
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Penmans Corner Of Cummings Road And Kings Bridge Road, Culcairn NSW 2660

Rural
1
Block size: 134 Hectares approx.

Quality Mixed Farming and Grazing

LAWD and Delta Agribusiness is pleased to present for sale Penmans (the Property), a mixed farming and grazing property (134* hectares), providing the perfect bolt-on asset for existing businesses or rural lifestyle opportunity to build your dream home on the Billabong Creek.

Key investment highlights include:
- Predominantly arable (94%*) comprising gently undulating to flat landscape with frontage to the permanent Billabong Creek.
- Established tree lines, minimal paddock trees providing efficiencies for broad hectare cropping.
- The 2022 cropping enterprise comprises 75* hectares of canola (spanning four* paddocks) with the balance being improved Phalaris and clover pastures.
- Strong fertiliser and lime history, average pH (Cacl2) of 5.8* from six* soil tests carried out in May 2022.
- Secure water supply, 1.6* kilometre frontage to the permanent Billabong Creek and three* surface dams.
- Meets the minimum requirement to construct a dwelling within the Greater Hume Shire. Minimum lot size - 100* hectares.
- Operational improvements include a hayshed.
- Subdivided into six* main paddocks, with fencing in excellent condition and suited to sheep and cattle enterprises.
- Favourably located in the Riverina Region of New South Wales. Situated on the corner of Cummings Road & Kings Bridge Road 13* kilometres west of Culcairn and 46* kilometres north of Albury.

An additional, non-contiguous holding comprising 346* hectares (82%* arable), known as Cleveland is for private sale. Access is two* kilometres north via public road from Penmans. For more details, please contact the selling agents

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Key details

Bedrooms:
1
Property type:
Rural
Block Size:
134 Hectares*

Other Details

LAWD

Maps and area information

Block information
Block size: 134Hectares (approx)
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SummaryMedian sales
Average Age
45 years
Population
1,483
Listing ID: 181165963. This listing has been viewed 35 times. It was first displayed on 21/11/2022 and last updated on 05/12/2022.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.