Back 254 Punch Street
Off Market

254 Punch Street

Gundagai NSW 2722

109265.12 m²
Rural
Last sold for $640,000

Overview

Impressive 27-Acre Property with Town Water for your Rural Retreat

This stunningly beautiful parcel of prime agricultural land spans 10.92 hectares (26.984 acres) of which approximately 9 hectares is arable. It is located just 1.5 km from the historic town centre of Gundagai. Nestled at the base of picturesque hills & with a creek meandering through the property, this land is the perfect location for your dream home, holiday farm or weekend getaway, with breath-taking vistas in every direction & Gundagai so near. . . THIS CLOSE PROXIMITY TO THE CHARMING TOWNSHIP HAS A POSITIVE IMPACT ON THE LAND VALUE & POTENTIAL FOR THE FUTURE, & NOT JUST BECAUSE OF THE CONVENIENCE FOR SHOPPING, DINING & SCHOOLING. There is currently a severe shortage of residential accommodation in Gundagai, with the mayor recently calling upon landowners & developers to build more homes on any available land to address the shortage. In order to protect its rural qualities, the land at present cannot be subdivided, however future spot rezoning for potential subdivision is a huge possibility BUT YOU CAN ERECT TWO HOUSES WITH NO SIZE RESTRICTION ON THE SECOND DWELLING (the DA will be subject to council approval)This provides options such as living in one home & renting out the other one, or even renting out both homes. As for land use, it is suitable for mixed farming on a small scale, as the owners are currently doing. The loamy soil has been fertilized yearly, so it is ideal for growing crops such as lucerne or hay, wheat, sugarcane, pulses & oilseeds. Vegetables such as tomatoes, peppers, green beans, cucumbers, onions & lettuce also grow well in this loamy soil. You could also use the property as an add-on block to fatten up sheep or cattle THE LAND HAS RU1 ZONING & IS FULLY FENCED WITH TWO PADDOCKS & A STOCK LANE-WAY, WITH INTERNAL FENCING. You are purchasing a piece of country culture. This idyllic land has been in the owner's family for over 100 years & in that time the permanent creek (Jones Creek) has never dried up so you can run stock with confidence. - Huge benefit: The land is ALREADY CONNECTED TO TOWN WATER! - Access the land via a bitumen road or two other laneways - A bus even stops at the entrance - So close to Gundagai that you are within the town's 50kph speed zone - Easy access to the Hume Highway; Woolworths just 2.2 km; Hospital (2.6 km) - Zoned for Gundagai Public School (3 km) & Gundagai High School (1.8 km), with St Patrick's Catholic Primary School 2.4 km away - School buses & mail service are available The good soil, permanent creek, fenced paddocks, scenic beauty, town water & close proximity to thriving Gundagai combine to make this land an attractive investment, so call Marya on 0425 275 555 to learn more or book an inspection.

Features

109265.12 m² lot size
Rural

Estimated Value

We need at least 3 similar rurals sold in Gundagai over the last 12 months.

Property history for 254 Punch Street

2025
Sold
$640,000
Private Sale/Treaty on 02 Jun 2025

Happy sellers in Gundagai

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Local market activity for rurals in Gundagai

In the last 12 months, 1 rural similar to 254 Punch Street, have been sold.

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