FOR SALE
$5,495,000

3911 Bundarra Road
Inverell NSW 2360

Bedrooms: 8
Bathrooms: 3
Car spaces: 3
Land area: 1246ac
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'Unlimited Potential' - 'Estate Finalisation'

Ray White Inverell proudly offers 'For Sale' this outstanding property consisting of 519.11 hectares (1,246.13 acres) only 5.5kms South of Inverell.
The current owners have successfully run the property as a productive rural enterprise since 1968 and reluctantly offer the property 'For Sale' to 'Finalise The Family Estate'. There is extensive Development and Subdivision potential with 21 Lots comprising 181.78 H/A (448.99 acres) currently Zoned R5 Large Lot Residential 4 H/A allotments and the balance 337.33 H/A (833.20 acres) zoned RU1 Primary Production 40 H/A allotments allowing for up too 45-50 allotments subject to development approval. A current Development Approval in place for five 2 hectare allotments fronting the Northern boundary on Bundarra Road . Town water services the Eastern road side and is near the Western road side. Electricity services connected to the property and available in several locations across and joining the property.
Situated only 5.5 kms to Inverell, 800 metres to Inverell Golf Course and 2kms to the village of Gilgai. Extensive frontage to three roads 2.75 kms to Bundarra Road, 2.4 kms to Old Bundarra Road and 1.5 kms to Schwenkes Lane.
Improvements include the original Homestead dating back to the late 1800's 5 bedroom with ensuite, a second home being a three bedroom weatherboard cottage, older stock yards and machinery shed. Water is a feature across the property with town water available, creek frontage, spring fed holes, dams and reticulated troughs.
Fenced into 17 paddocks. 176 hectares (435 acres) acres currently cultivated in a crop rotation. The balance is grazing country with native grasses, clovers and legumes. Timber is Box, Apple and Gum.
For a full Information Memorandum available. Contact Ron Berkley 0417-612 660 or Tyler Berkley 0455-681 002 of Ray White Inverell 02-6722 3000.

Property Details for 3911 Bundarra Rd, Inverell

Building Type
Rural
Land Size
1246ac

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About Inverell 2360

The size of Inverell is approximately 208.6 square kilometres. It has 25 parks covering nearly 6.2% of total area. The population of Inverell in 2011 was 11,399 people. By 2016 the population was 11,682 showing a population growth of 2.5% in the area during that time. The predominant age group in Inverell is 0-9 years. Households in Inverell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inverell work in a labourer occupation. In 2011, 65.2% of the homes in Inverell were owner-occupied compared with 61.9% in 2016.

Inverell has 6,498 properties. Over the last 5 years, Houses in Inverell have seen a 63.44% increase in median value, while Units have seen a 38.34% increase. As at 31 August 2024:

  • The median value for Houses in Inverell is $356,674 while the median value for Units is $277,436.
  • Houses have a median rent of $380 while Units have a median rent of $300.
There are currently 98 properties listed for sale, and 30 properties listed for rent in Inverell on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Inverell.

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Ron Berkley
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Tyler Berkley
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Ray White Rural Inverell
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