FOR SALE
$565,000

36 The Desert
Wells Crossing NSW 2460

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 10ha
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ACREAGE WITH AN INCOME

Located in a picturesque setting with views of mountains in the distance, this acreage property offers the opportunity to build a new home in a quiet and peaceful setting, while obtaining the benefit of an income stream from an existing farming lease.
The leased land currently consists of 7 tunnels and access to water from the dams. The tunnels are the sole property of the lessee which means they must be removed on termination of the lease by the lessee. There is a 3 bay colorbond shed with power, septic and water, belonging to the property and a cleared and levelled building site in readiness for building a new home.
Like many properties in this area, the 10.08ha parcel is a split block arrangement with both being approximately 5ha each. Building entitlement is for the parcel located at the marketed address only, while the other parcel is approximately 2kms away and uncleared.
If you've been looking for a rural escape, or just a weekender and an income stream to reduce the outlay would be ideal, this is a fantastic opportunity to secure a rural retreat today!
Lease returns available on request!
Land size: 10.08ha sqm approx.
NBN: YES
Council Rates: $900 annually
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details for 36 The Desert, Wells Crossing

Building Type
Rural
Land Size
10ha

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About Wells Crossing 2460

The size of Wells Crossing is approximately 27.7 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Wells Crossing in 2011 was 302 people. By 2016 the population was 143 showing a population decline of 52.6% in the area during that time. The predominant age group in Wells Crossing is 40-49 years. Households in Wells Crossing are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wells Crossing work in a labourer occupation. In 2011, 85.4% of the homes in Wells Crossing were owner-occupied compared with 76.1% in 2016.

Wells Crossing has 127 properties. Over the last 5 years, Houses in Wells Crossing have seen a 91.49% increase in median value, while Units have seen a 44.15% increase. As at 30 September 2024:

  • The median value for Houses in Wells Crossing is $912,747 while the median value for Units is $308,572.
There are currently 2 properties listed for sale, and no properties listed for rent in Wells crossing on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Wells crossing.

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