Gunning Real Estate is pleased to present this block of agricultural and residential land for sale. Set on an expansive 25-acre parcel (10.12 hectares), the property is divided into two sections with separate street entrances by a creek in the middle.
NORTHERN SECTION:
- Farm tenant vacating end of May 2025
- Large and productive vegetable farm with greenhouse
- Self-sufficient water system: Dam and licensed bore water pump in place
- Irrigation system throughout farmland that draws water from dam and bore water pump
- Main shed with solar panels, cool room, multiple storerooms/offices, kitchen, and bathroom
- Second shed for tool storage
- Near new 2-bedroom granny flat (never been tenanted):
* Built in 2021
* Excellent condition - Only lightly used by owner
* Air-conditioned throughout
* Secure triple garage attached
SOUTHERN SECTION:
- Tenanted by hydroponic farm
- Lease expires 31 December 2025 with further 2 x 3-year options to renew
- Current rent: $45,990 per annum + GST + Tenant paying 50% council and water rates & 100% water usage
- Rent increases annually by 5%
- Hydronic farm setup with nutrient mixing system
- Near new shed and cool room
- Underground rainwater tank (100,000 cubic metres capacity)
- Double-storey brick house which features:
* Light-filled living room, dining room, and family room
* 5 bedrooms, 3 toilets, and 2 renovated bathrooms
* Secure double garage
* Spacious verandah with 180 degree view
This property caters to a range of buyer interests:
- Investors can benefit from multiple income stream: An existing long-term hydroponic lease providing stable income, with the added opportunity to lease the vacant granny flat and vegetable farm once tenant vacates
- Multi-Generational Families: The separate dwellings on two sides of the land offer privacy and independence for extended family living in the future once hydroponic tenant vacates.
- Agricultural businesses: With established vegetable and hydroponic farms, it's perfect for those looking to engage in sustainable farming practices.
- Lifestyle Seekers: Enjoy the tranquility of rural living with hobby farming in the Northern vegetable farm section, coupled with the added advantage of income generation from hydroponic tenant.
LOCATION:
- 5 minutes drive to Thirlmere town centre
- 10 minutes drive to Tahmoor town centre & train station
- 11 minutes drive to Picton town centre & train station
- Short drive to Hume Hwy & national park
Please contact William Wu 0450250123
