261-335 Bundarra RoadArmidale NSW 2350
Property Details for 261-335 Bundarra Rd, Armidale
Last Listing description (June 2024)
Robyn Vale is a conveniently located 405 acre property situated just 2km from the Armidale sale yards, 5km from the regional airport and 6km from the CBD.
The property offers future development opportunities or merit as a long term land bank as the majority of the farm carries an RU4 zoning (Primary Production Small Lots). The RU4 zoning permits a minimum lot size of 40 hectares. In total there are 10 lots, with two of the lots located on the southern boundary zoned industrial. Mains power traverses the property.
Robyn Vale has a longstanding history of delivering high levels of grazing performance, producing prime grass fed steers, targeting export market specifications. The property is well fenced and subdivided into 10 main paddocks. The farm is pasture improved and well fertilised with the gently undulating, highly arable terrain suitable for fodder cropping. The fertile soil types are a mixture of basalt and grey loams.
The working improvements comprise a set of steel cattle yards, complete with a vet crush and two way off scales draft. The design includes a large holding and weaning yard fitted with trough water. The yards offer all weather access for b-double trucks and are located in close proximity to the Bundarra road with a gravel base to the loading ramp. The sole shed on the farm offers a lockable enclosed design with a concrete floor and roller door access. Attached to the shed is a set of original horse stables.
Water for livestock is supplied via dams and a reticulation system connected to concrete stock troughs. The main springfed storage dam is fenced free of livestock, equipped with a submersible solar pump which delivers water to the header tanks.
The sale of Robyn Vale presents a unique opportunity to the market offered in one package, is a hard to find combination of location, commercial grazing performance with future land development opportunities.
AUCTION: 10:30am - 27th June 2024, Armidale City Bowling Club, 92-96 Dumaresq Street, Armidale
*All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*
Property History for 261-335 Bundarra Rd, Armidale, NSW 2350
- 27 Jun 2024Sold for $3,900,000
- 13 May 2024Listed for Sale Auction 27th June 2024
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About Armidale 2350
The size of Armidale is approximately 268.8 square kilometres. It has 41 parks covering nearly 2.3% of total area. The population of Armidale in 2011 was 22,467 people. By 2016 the population was 23,355 showing a population growth of 4.0% in the area during that time. The predominant age group in Armidale is 20-29 years. Households in Armidale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Armidale work in a professional occupation. In 2011, 59.9% of the homes in Armidale were owner-occupied compared with 57.7% in 2016.
Armidale has 13,576 properties. Over the last 5 years, Houses in Armidale have seen a 53.81% increase in median value, while Units have seen a 47.51% increase. As at 31 October 2024:
- The median value for Houses in Armidale is $469,038 while the median value for Units is $314,827.
- Houses have a median rent of $450 while Units have a median rent of $330.
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