Introducing 'Sunnyside', a sprawling 673.2-hectare (1664-acre) property nestled in the heart of Central West NSW, offering a diverse range of income streams including grazing, cropping, and biodiversity. Strategically located just 15 minutes from Grenfell, 45 minutes from Forbes Central West Livestock Exchange, and within easy reach of Canberra and Sydney CBD, this property presents a prime investment opportunity for those seeking a rural lifestyle or strategic land holdings.
A desktop feasibility assessment has been conducted by Wedgetail Project Consulting for approximately 251ha of 'Sunnyside'. It states that the ecosystem credits currently available on site are 'in-demand' credits with a potential value of $2.5 million. If the buyer chooses to enter into a biodiversity contract, a figure of up to $1.6 million is set-aside for the management of the site (ie fencing, pest control, fire mitigation) to be distributed back to the landowner over a period of 40 years. Once the management and set-up costs have been deducted, a biodiversity project on this site could potentially deliver a minimum upfront return of $1,020,000 after tax once the credits are sold to the market. Wedgetail has since been paid to travel to 'Sunnyside' to conduct an on-the-ground vegetation survey and field verification analysis, the results of which the owners are still waiting to receive.
The property features a 1978 Homestead boasting 3 bedrooms and 1 bathroom, alongside a charming 1920s cottage, providing ample accommodation options. Essential operational structures include a garage, machinery shed, 2-stand woolshed, steel sheep yards, cattle yards with a crush, and a flat-bottom silo.
With 14 dams, 3 troughs, and frontage to Native Dog Creek, water supply is secure, further enhanced by the property's 600mm* annual rainfall. 'Sunnyside' is fenced into 14 paddocks with 10 km of new fencing and a laneway system, facilitating easy management and access. The property's strategic positioning with 3.2 km of road frontage ensures convenience and operational efficiency.
'Sunnyside' boasts a reliable grazing and cropping history, with 250 hectares ready for a 24-season cycle and a livestock capacity of 3000 sheep or 100 cows. Additionally, the property presents an opportunity for biodiversity income, with a designated biodiversity area spanning 251 hectares, showcasing a commitment to environmental stewardship.
Owners are motivated to sell 'Sunnyside' by End Of Financial Year due to consolidation and succession requirements. Don't miss this unique opportunity to secure a piece of Central West NSW's agricultural landscape.
For more information and to book an Open Farm Tour, please contact:
George Southwell: 0429 838 345 | enquiries.ruralyass@raywhite.com
Paddy Ward: 0456 953 364 | paddy.ward@raywhite.com
