'The Ranch', 2275 Grassmere Road Condobolin NSW 2877
For Sale by Expression of Interest
- Property Type Cropping
- Land area approx 2130ac
- Region Central West
- Locality Lachlan
- Carports 1
- Toilets 1
Low Risk Passive Agricultural Opportunity - Suitable For Regenerative Ag
Located 35km south east of Condobolin on the Grassmere Road, 'The Ranch' is a 2,130* acre grazing and cropping property currently being used to breed cattle. Situated on the south western edge of the Bogandillion swamp, the property would ideally suit somebody looking for good value breeding country. The strong red loam soils would enable a combination of both grazing and cash crops to be grown to supplement the grazing operation.
The farm is currently leased for another 4 years and would suit somebody looking for a low risk passive agricultural investment.
Infrastructure includes the following;
- Connection to the Euglo Water Scheme (piped throughout the property)
- Air conditioned workers cottage with kitchen, living room, bathroom and sleeping quarters
- Machinery shed
- Hayshed
- All steel cattle yards
- Four-stand shearing shed with yards
- 4x self emptying silos
- Airstrip
One of the highlights of this property is its regenerative agricultural qualities with a mixture of clovers and native grasses making up the pasture mix. There is plenty of shade and shelter for stock allowing near perfect growing conditions for either sheep or cattle.
Another strong point is the water scheme providing troughed water throughout the property. 'The Ranch' also has numerous dams with good catchments due to the undulating country and strategic placement of contour banks across the property.
The cottage provides comfortable accommodation for contract workers on the property. It would also be an ideal set up for an absentee owner who would only visit the property periodically.
With the current excellent seasonal conditions, 'The Ranch' has an abundance of feed due to very low stocking rates by the current owners. Take advantage of the extremely positive outlook for the livestock industry by investing in a property that is ready to fire. The current tenants are first rate operators who have a clear simple strategy in place to improve the production capacity of the property.
Sales Process:
'The Ranch' is being offered for sale by a two stage expression of interest process. The first stage will run until 10.00am Thursday 15th September 2022 and will seek non-binding offers from interested parties. Stage two will be a period of price discovery and negotiation between the vendor and interested parties with the aim of acceptance of a fully binding offer by the vendor.
Contact:
To request a copy of the IM or to arrange an inspection, contact Angus McLaren on 0428 496 289 or Bruce Holden on 0428 278 546
*Approximately
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Call Agent
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Angus McLarenMiller and James Real Estate
Call Agent
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Bruce HoldenMiller and James Real Estate