855 Sutton Road Majura ACT 2609

LJ Hooker Queanbeyan | Jerrabomberra | Googong is excited to present for sale 855 Sutton Road.

Ideally located only 10km north of Queanbeyan on the Sutton Road & less than 20 minutes from Civic. Exceptionally rare to obtain rural acreage so close to Queanbeyan or Canberra.

Features:
- Approximately 12.03 hectares in area with approximate frontage of 1.2 km to the main Sutton Road
- Irregular shaped lifestyle block that is generally level throughout. Provides mostly cleared grazing land & creek flats with the whole of the western boundary formed by Reedy Creek. Includes fenced paddocks, dams & scattered shade trees particularly along the creek & fence lines
- Weatherboard cottage (circa 1920) with real charm & character & features front wide veranda
- High ceilings throughout with picture rails & polished timber flooring
- 2 separate living areas both with open fireplaces
- 2 spacious bedrooms plus study (requires some refurbishment), sunroom with timber floors, entry/foyer
- Bathroom & laundry both recently renovated & in good condition
- Rear entry & temporary kitchen with polished timber flooring
- Covered rear veranda, solar panels
- Detached older style metal garage
- Sundry farm sheds & workshop
- Silo, metal sheep yards, equipped & functional 2 stand woolshed with ample shedding space for sheep
- 2 stables, high clearance machinery shed
- Water is a feature with concrete tank for drinking water plus bore to 2 tanks for stock and gardens bore also services several stock troughs
- Adjoining land of 135 acres held under a 5-year licence from the Commonwealth Department of Defence (Block 191 Division of Majura) effective from 9 December 2021.

Crown Lease Summary ;
Majura Block 55 on D.P.599
Area 12.03h.a
Lease term: 30 years
Lease commenced 31 December 2005, terminating on 31 December 2035
Payment for lease: $42,000 to be paid over the term of the lease by 120 quarterly instalments of $923.26 per quarter with interest calculated at the rate of 8% p.a. on the reducing balance
Purpose to use the premises only for the purpose of agriculture & 1 dwelling
Further lease the lessee shall be entitled to a further lease of the land for a term of years terminating 99 years from the date of commencement by the lease without payment of a further premium

Some work & refurbishment is required but the potential is endless.
Competitively priced & genuine vendor selling for health reasons. Call our office to arrange an inspection.