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SOLD

"Penrose"

441 Whnella Rd Oakwood, New South Wales

LOCATION, SOILS, WATER, PRODUCTION

Agent: Bob Jamieson ~ 0428 669 313


Bob Jamieson Agencies in conjunction with CBRE Agribusiness are pleased to present for sale the prized Inverell asset, Penrose (the Property).

Suitable as a beef and lamb backgrounding and finishing enterprise, Penrose is a beautiful farm located 15* linear kilometres from the Inverell township.

Set in the renowned Macintyre Valley, Penrose homestead presents an idyllic retreat adjoining the Macintyre River. The Property offers extensive basalt soils, an excellent water supply and immediate production with an included new season crop. The existing 999 head cattle feedlot presents forward contracting opportunities and combines with the Property’s natural features presenting as an ideal family business.


Scale

Featuring 529* hectares of quality soils well suited to a range of cropping, fodder and grazing enterprises showcasing the versatility of the Property.


Productive Capability

In excess of 264* hectares of fertile dryland cropping recently sown to millet and oats which is establishing strongly following heavy recent rainfall. Historical production of 600* steers with additional back-grounding when seasonal conditions permit


Soils an Topography

Rising from alluvial river flats lining the Macintyre River through to gently undulating cropping comprising black self-mulching basalt soils to lightly timbered hills well suited to a fattening enterprise.


Secure Water Supply

Water is secured by four* kilometres of Macintyre River frontage and secure 14 megalitres of Inverell Water Source Entitlement. The Property features a new electric pump located on the Macintyre River reticulating water to the house and gardens via a 22,730* litre tank. Stock water is supplied via bore equipped with a diesel pump to 110,000* litre tank supplying troughs throughout the property. Each paddock has access to water.


Accommodation & Operational Improvements

Numerous operational improvements have been constructed over the Property including a comfortable four-bedroom brick homestead, watering points, grain storage, machinery sheds, shearing shed and feedlot.


Climate & Location

Located within the Northern Tablelands Region of New South Wales, 15* lineal kilometres north of Inverell. The strategic location of the Property provides convenient access to a full range of markets, services and amenities.

Northern Tablelands is considered the premier grazing region of New South Wales, a deserved recognition on account of reliable, temperate climate.


Contact Bob Jamieson on 0428 669 313 for further information, price guide or to arrange an inspection.

*Approximately