597 Laverstock RoadBowning NSW 2582
Property Details for 597 Laverstock Rd, Bowning
597 Laverstock Rd, Bowning is a 4 bedroom, 3 bathroom House. The property has a land size of 999393m2. While the property is not currently for sale or for rent, it was last sold in May 2014.
Last Listing description (June 2014)
If you are looking for a brilliantly composed property consisting of 2 lovely homes, fantastic equestrian infrastructure and 294 acres of rolling countryside, Gallop Creek will race to the very head of your buyers' list.
So, equestrian enthusiasts take note; Gallop Creek expresses the very best life has to offer for horses as well as people.
The main home was sited to snare some of the most beautiful panoramic views imaginable. Its fabulous floor plan orbits around the large open plan living/dining room with its cathedral ceilings, with travertine marble floors and double French doors leading out to the verandahs.
The home's finishes are a sublime statement of pure good taste.
The second home or cottage is fully self-contained, very nicely appointed and distanced from the prime residence by around 150m. Completely open plan in design, there's also a fantastic segregated sunroom that could be used as a 2nd bedroom or formal dining area.
Gallop Creek has all of these aesthetic attributes combined with strong income earning potential.
As a working property Gallop Creek offers practical infrastructure that creates instant options for the new owner. Currently carrying a cross-grazing mix of sheep and cattle, the property's viable water supply, good land quality, handling/storage infrastructure and paddock configuration all add up to enough dynamic to create immediate returns.
Without a doubt Gallop Creek's offer options for the complete enjoyment of horses. Gallop Creek's marvellous equestrian infrastructure includes a sophisticated stabling set-up, round yard, wash bay and over 9 day/turn out/spelling (laneway connected) paddocks.
With all of this precise equestrian infrastructure, plus 294 acres of block to range over there's ample opportunity to hone your particular discipline skills plus launch out on cross-country training venue or race horse agistment scheme.
The 2nd residence/cottage was recently leased out at $250pw without any value-adds of land use or infrastructure access. Naturally, this figure could be increased by allowing a tenant access the equestrian facilities and paddocks.
Additionally, Gallop Creek generates income from cattle and sheep sales.
Lastly, Gallop Creek's easy access to the Hume Highway means that the property could be used for horse spelling and overnight accommodation for horse transport trucks plying their way between NSW and Victoria.
Essentially, Gallop Creek is a property of superb composition and overarching quality.
For details on this quality property, please click on the following link:
http://www.allhomes.com.au/ah/nsw/sale-residential/597-laverstock-road-bowning-southern-tablelands/1316895053311
Property History for 597 Laverstock Rd, Bowning, NSW 2582
- 23 May 2014Sold for $1,075,000
- 19 Mar 2014Listed for Sale $1,125,000
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About Bowning 2582
The size of Bowning is approximately 293.8 square kilometres. The population of Bowning in 2011 was 713 people. By 2016 the population was 576 showing a population decline of 19.2% in the area during that time. The predominant age group in Bowning is 40-49 years. Households in Bowning are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bowning work in a managers occupation. In 2011, 77.7% of the homes in Bowning were owner-occupied compared with 80.9% in 2016.
Bowning has 368 properties. Over the last 5 years, Houses in Bowning have seen a 85.31% increase in median value, while Units have seen a 30.11% increase. As at 31 October 2024:
- The median value for Houses in Bowning is $743,219 while the median value for Units is $604,553.
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