296 Noalimba Avenue

Kentucky South NSW 2354

65 ac.

Rural

Cayne Moar, last sold this property on 13 May 2024 after 189 days on market.

Overview

Commercially Viable Lifestyle Property

Located Midway Between Sydney and Brisbane along the New England Highway. "Collessie" is a 65 acre commercial /lifestyle property offering a significant income stream alongside a quality small rural holding and accommodation. Comprising a large warehouse and processing facility alongside a renovated 3 bedroom home and fertile acres the property is a unique offering to the market for an incoming owner. At over 2110 sqm of warehouse and processing floor space, the building is currently partway through a 3+2 year lease term with an exceptional yield (contact agent for details). Significant features include 1070 sqm of Warehouse storage facility (erected 2020) complete with covered prime mover access and unloading facilities. Dual access/ Egress all weather access ring road. Sealed Bitumen to the front gate. 300mm insulated panel span cladding for temperature control of perishables. Auto roller door access with high clearance and motion control. Office space, mezzanine area and processing bays in addition to freezer rooms and quarantine area. Approximately 1042 sqm of Processing and manufacturing floor space including multiple processing rooms, amenities, worker facilities, mezzanine storage, main office area, dispatch and reception. Three Phase power throughout the entire facility and back up generator Extensive back to grid Solartek system Stand alone water storage of over 450,000 litres with integrated fire fighting system Covered and cemented access between the facilities. Accommodation at "Colessie" comprises a fully renovated three bedroom cottage (currently included in the lease) with custom timber kitchen, upgraded wet areas, flooring and paint with a mentionable north facing living room extension to maximise the overall floor plan area and provide versatility to the home. Perfect for a caretaker or live in accommodation for an owner occupier no further capital investment needing to be injected for the near future. The 65.65 acres are subdivided into 7 main grazing paddocks. Supported by a large dam, reticulated trough watering services the property and ensures ample water security. Steel cattle yards and a sizable three bay farm shed are notable features. The property also benefits from an intensive pasture and fertiliser history. Contact Cayne to book your inspection today on 0431 435 958 *All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*

Features

3 bedrooms

1 bathroom

65 ac. lot size

Rural

Estimated Value

We need at least 3 similar 3 bedroom rurals sold in Kentucky South over the last 12 months.

Property history for 296 Noalimba Avenue

2024

Sold

Undisclosed

Private Sale/Treaty on 13 May 2024 by Cayne Moar, of Ray White Armidale

Happy sellers in Kentucky South

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