SoldDec 22, 2022

226 Gearys Flat Road, Gearys Flat, NSW, 2446

$1,000,000

4
2
5
72.44 ha.

Rural

16 days on the market

Sold: Dec 22, 2022

What's around 226 Gearys Flat Road

226 Gearys Flat Rd NSW - A large water secure rural estate close to Port Macquarie and surprisingly affordable.

Just 40 minutes from Port Macquarie or Wauchope. 186 Acres (72.44 ha, approximately 50 acres cleared and arable the balance native trees with some Sub Tropical Raine forest) with a convivial, and comfortable 3/4 Bedroom Homestead and a 1 bedroom Caretakers Cottage. The infrastructure on the property is composed of two compounds. One contains the Homestead and gardens with a 5 bay style shed for cars and implements. The second compound (which is approximately 400 m away) is the business end of the property. It includes the Caretakers 1 Bedroom Concrete Cottage and the large Sheds that originally housed rabbits (when the vendors rabbit meat production business was occurring) and are able to be air conditioned. In addition this compound has a Tractor /machine Shed. The property is water secure. The Kogo Creek runs through the property inside the Eastern boundary. There are multiple large water holes and a Licensed Bore (Presently decommissioned but easily repurposed) powered by a Solar Array backed up by a petrol pump. This Solar System was installed at considerable cost at the time when the Vendors were running the rabbit meat business. Water for the business operation including air conditioning the animal sheds was vital. Subsequently this volume of water supply was not necessary and the infrastructure was decommissioned, Notwithstanding this, it would take minimum investment to reinstate it, In addition, presently there are 5 large water tanks (two adjacent to the Homestead and 3 at the Caretakers compound) with at least 100,000 litres holding capacity. These are presently fed from rain water collected from the House and shed rooves. They have never run dry but in such an event they can with a very modest investment be pumped full from the Kogo River supply. For context, the 3 water tanks handy to the caretaker's residence and the former rabbit breeding sheds, were previously supplied water from a pipe line from the Licensed Bore and solar Array. As previously explained, that has been decommissioned after the Rabbit business ceased because it was no longer needed. It could however, easily be repurposed, if a business venture required large volumes of water. In addition the property has timber cattle yards that need very modest renovation to utilize, if one wanted to run cattle. Fencing is average rural and would need attention if live stock was to be introduced. Our Vendors purchased this property 32 years ago and they love it. They are only leaving because age and health issues demand it is time. There is work to be done to tidy up the land but the hard yards were done years ago. This property represents the opportunity of a lifetime. Be sure to come view.

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Buyer's review

about 3 years ago

Outstanding

Gary's expert knowledge & accommodating ways bring confidence into making your important property purchase dream finally come true.

D
David Price
Buyer

Seller's review

about 3 years ago

Focused and disciplined.

We were prepared to wait another 2 years before we put our property on the market. Garry explained to us what the market was doing and where it was heading, we decided that the right time to sell was now. Within 2 days Garry had presented us with his research on the sales of similar properties in the area and the value of our property. Garry had commissioned a very professional photographer to highlight the features of our unique property Three weeks after receiving the property valuation the property went on the market. Our unique property needed a unique buyer. We anticipated that it would take up to 6 months to sell our property. Garry had it sold in about 2 weeks and at the price that we anticipated. My wife and I have no hesitation in recommending Garry to sell your property because of his focused professional approach and how he kept us informed through every step of the sale.

T
Tony And Val Abela
Seller
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