"Taylors Run" A Value Proposition with a Secure Income
"Taylors Run" A Value Proposition with a Secure Income
Key Details
Rural Property for Sale
Land: 462.00 ha
$2,550,000
276 Farm Road, Bonalbo NSW
Sales Contact
Bruce Birch
bruce@birchrural.com.au
Whilst it is rare to find a rural property where location, production, and improvements are combined in equal parts it would be impossible to find another with the quality of pasture and soil development being undertaken at "Taylors Run".
The property is currently returning an attractive 4.7% yield on the owners asking price from a current grazing lease.
Comprising 461.8*ha (1141.1*ac) only minutes from the quaint northern river's township of Bonalbo this rural/lifestyle property has been expertly improved and its new owner will benefit from a significant increase in productivity for years to come. Improving the agricultural performance of farm lands is something the current owners are known for, and this particular property was one that they spared no expense to maximise its production as it was to be their long-term home, until an opportunity presented itself in another location closer to home and the decision was made to sell.
An extensive list of works have been undertaken including a complete new boundary fence, fertilizer and soil conditioners, and high-performance pastures are now established. Structural improvements include a large steel shed, complete with modern solar system and backup generator, modern cattle yards, and a security camera system. There are a number of potential building sites that capitalise on the expansive views over the ranges and valleys, which the area is famous for, allowing the new owner to build from a blank canvas their dream home.
Water is supplied for livestock from multiple large stock dams and the Peacock Creek which runs along the eastern boundary. Adding further potential for the new owners is an approved DA which allows for a three-lot subdivision, and a new PNF in place for the next 10 years providing a secondary income stream from the harvesting of timber.
