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276 Farm Road, Bonalbo, NSW 2469, 0 Bedrooms, 0 Bathrooms, Lifestyle Property

$2,550,000

276 Farm Road, Bonalbo, NSW 2469

4620000m2
Lifestyle PropertyListed on Mon Feb 5
Price drop

Bonalbo A Value Proposition with Secure Income

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.

Our vendor is committed to the sale of "Taylors Run" and has priced the property to meet the market.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$1,500,000
Land4618000m²
Planning ZonePrimary Production
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Lot Size40 ha
Flood ZoneNo
Sulfate SoilsNo
BushfireVegetation Category 1
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Bonalbo Central School
3.66 km
Combined
K-12
Government
icsea: 828

Property history

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Lower Peacock surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
16 Sandilands Street, Mallanganee
3.75 km
3
1
-m2
Year 2025 Month 03 Day 04
-
Council approved
23-25 Gill Street, Bonalbo
3.46 km
0
0
-m2
Year 2024 Month 12 Day 19
$152,000
Council approved
28 Woodenbong Road, Bonalbo
4.05 km
3
1
-m2
Year 2024 Month 10 Day 21
$325,000
Council approved
10-18 Clarence Street, Tabulam
4.14 km
8
0
-m2
Year 2024 Month 10 Day 15
$575,000
Council approved
12 PEACOCK ST, Yamba
3.79 km
4
2
-m2
Year 2024 Month 10 Day 07
-
Council approved

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Ref:2957746Last update:2024-12-03 04:52:47