AREA: 1749.7 hectares or 4323.6 acres *
SITUATION: 'Banalasta' was once home to a lavished unique award-winning cafe, situated among vineyards, lavender, and eucalyptus plantations. Some of the vineyards remain visible. Well located 47* km from Tamworth along the Oxley Highway, with Sydney 458* km south and Brisbane 518* km north, positioning the property in a well-regarded location to feedlots, abattoirs, and major cattle selling facilities. The property borders the Oxley highway with the main access 5.6* km via Green Valley Road.
HOMESTEAD: The architecturally designed homestead on 'Banalasta' is elegant in style boasting great views to the surrounding landscape, with timber flooring throughout the main part of the home with an open plan kitchen and living area overlooking the pool. The home has five bedrooms with the main bedroom with large walk in robe and ensuite with double vanities. There are multiple living areas with ample storage space, a wood fire is central to the main living area with reverse cycle air conditioning throughout the home. Outside of the main homestead there is also a sauna and spa along with a pool all requiring some maintenance.
INFRASTRUCTURE & HOUSING: Along with the main dwelling, the property also has a three bedroom cabin-style home that is currently occupied, and two additional homes requiring attention but offering further development potential. A waterfront one bedroom cabin, equipped with a kitchen, toilet, and shower, is positioned at the main dam, offering captivating views from the deck over the water. The café, once an award-winning establishment, still has a kitchen and extended rooms that could be converted into extra accommodation. Adjoining the café is a large concrete lock-up machinery shed with a workshop and mezzanine.
COUNTRY: The property is well-balanced topographically with a balance of open grazing country that would excel with further pasture development coupled together with timbered areas featuring creeks and gullies running through it. Approximately 70% of the property is considered non or sparse remnant vegetation, presenting opportunities for further development with a small percentage still inhabiting the original vineyards.
WATER: Water is a key feature of 'Banalasta' with twelve stock dams, including two major dams with a combined capacity area of approximately 40.6* hectares or 100.32* acres. The property holds two water licences (WAL 36018 & WAL 36029) for stock and domestic use, along with irrigation totalling 425 units of Mid Macdonald River water. Two diesel pumps and extensive water infrastructure once supported the vineyards and plantations.
FENCING: 'Banalasta' is divided into approximately twenty-five main paddocks and several smaller ones, with steel cattle yards, a crush, and a loading ramp along with a steel set of sheep yards, parts of the fencing does require maintenance
REMARKS: 'Banalasta' offers an exciting opportunity for the incoming purchasers, with so much on offer and a chance to capitalise on a large rural holding. With further development the property could achieve prestige calibre amongst a tightly held area. Interested parties must inspect! 'Banalasta' will be sold before or at auction on the 5th of December.
For more information, contact Baden Chaffey at 0488 697 416.
