"Rutherglen" at Weabonga is a rare opportunity to purchase 1054 acres (426.6 hectares)* at a price point that will open the door to anyone looking to make their start in agriculture or add to a growing portfolio.
927.3 acres (375.2ha)* freehold.
Free from any housing infrastructure, this picturesque property is situated in the tightly held New England and is located just one-hour from Tamworth or Walcha and is only 1.5km north of Weabonga Village.
Entering the market for the first time in decades, "Rutherglen" sets the bar high, providing exceptional reliability and productivity, with a safe carrying capacity of 120 cows*.
Along with providing some of the best grazing country on offer, "Rutherglen" affords superb water security - the long-term average annual rainfall of 30 inches (750mm) is further supported by nine dams and the Coghlans Creek running through the property. An unequipped bore is also located on the property, with a depth of 40m and standing water level currently at about 15 metres.
Divided into eight paddocks, the property features quality, laneway fencing, older style steel and timber yards and an original shearing shed.
The land comprises native and improved pastures, and large, established Apple Gums providing natural shelter for stock. De-stocked in 2019, the land has been given the unique opportunity to regenerate, providing a strong start for a return to grazing.
The time has come for a new generation to become the custodians of "Rutherglen", with ample scope for further improvements to increase value and capitalise on the stable growth the agricultural sector has seen - a growth that only looks to continue making strong headway into the future.
A once in a lifetime opportunity to purchase a highly productive property, genuine offers will be considered prior to auction. (* approx.)
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https://auctionnow.com.au/properties/76101