FOR SALE
$2,495,000

Mortat Willigobung Road
Tumbarumba NSW 2653

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 64ha
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WIWO Chestnut and Truffle Enterprise with Rural Lifestyle Appeal

LAWD is pleased to present Mortat (the Property), an exciting horticulture and grazing opportunity situated in a high rainfall zone in the south east of New South Wales.
- Meticulously developed nine* hectare Chestnut Orchard and two* hectare Truffière with potential development upside to increase the scale of the orchards.
- Established business with genuine income earning capacity and strong customer base.
- Complete package of plant and equipment, including grading and packing line with large cool room. Business financials and full list of inclusions available on signing of NDA.
- High quality irrigation layout, 55* megalitre water access licence (WAL) from the permanent Tarcutta Creek (regulated) plus 24* megalitre turkey’s nest & spring fed dam (unregulated).
- Build your dream home - Council approved building entitlement, power connected to a building site with stunning northerly views across the orchards.
- Livestock enterprise - 50* hectares is pasture improved to phalaris, cocksfoot, fescue and clover. Estimated carrying capacity - 30* cows plus progeny.
- Working improvements – large lock-up shed including cool room and concrete floor, hayshed, machinery shed, steel cattle yards and storage sheds.
- Situated in 1187* millimetre annual average rainfall zone, 13* kilometres north of Tumbarumba and 116* kilometres south east of Wagga Wagga.
For full details please contact the exclusive selling agents. Comprehensive information memorandum and financials area available on request.

Property Details for Mortat Willigobung Road, Tumbarumba

Building Type
Rural
Land Size
64ha

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About Tumbarumba 2653

The size of Tumbarumba is approximately 231.7 square kilometres. It has 6 parks covering nearly 48.4% of total area. The population of Tumbarumba in 2011 was 1,756 people. By 2016 the population was 1,844 showing a population growth of 5.0% in the area during that time. The predominant age group in Tumbarumba is 50-59 years. Households in Tumbarumba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumbarumba work in a labourer occupation. In 2011, 66.8% of the homes in Tumbarumba were owner-occupied compared with 68.7% in 2016.

Tumbarumba has 1,324 properties. Over the last 5 years, Houses in Tumbarumba have seen a 65.31% increase in median value, while Units have seen a 48.75% increase. As at 31 October 2024:

  • The median value for Houses in Tumbarumba is $309,126 while the median value for Units is $339,953.
  • Houses have a median rent of $390 while Units have a median rent of $175.
There are currently 47 properties listed for sale, and 8 properties listed for rent in Tumbarumba on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Tumbarumba.

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