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2214 Coolamon Road
Coolamon NSW 2701

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Land area: 1976000m2
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Property Details for 2214 Coolamon Rd, Coolamon

Building Type
Rural
Land Size
1976000m2
Local Government
Coolamon
Lot/Plan
37/DP750853

Last Listing description (December 2023)

Ray White Rural Wagga Wagga is pleased to introduce to the market for the first time in over 20 years, 'Glenholme' of Coolamon. Considered as one of the most meticulously kept properties in the district, this rural investment provides a unique opportunity to acquire land with scale in a renowned mixed farming region.

Comprising of 413.1ha* (1020 acres), the property is to be sold as a whole, or individually. The Southern portion being 197.6ha (488 acres*) holds the residence plus infrastructure, and the Northern portion, being 215.5ha (532 acres*) is primarily farming land. 'Glenholme' is well appointed agronomically, as soil amelioration programs have been in place to further bolster its rotations of canola, wheat and barley, all of which have been implemented by way of precision farming methods for some time now.

The 4 bedroom brick home is warm, welcoming, and boasts a generous light filled living space that transitions into an entertaining area capturing farmland views. The gardens and lawn area are meticulously kept and finished and provide just the right amount of landscaping around the property's in ground pool.

The farming improvements & infrastructure consist of undercover ProWay steel sheep yards (water to yards), which include draft systems and loading ramp, farm laneway system, large machinery shed/hay shed, grain shed, work shop, oversized storage shed (suitable for caravans, boats etc.) six pen supplementary feed yard (water to yard) silos, town water connection, electric bore, water tanks, solar panels. The property is subdivided into 14 main* paddocks, and is exceptionally well fenced, with all lines sprayed out annually. A well maintained farm road provides the ability to handle all machinery movements within the property, this also gives 'Glenholme' access off the Marrarvale Lane (Northern end)

The property fronts the main Coolamon/Wagga Wagga road and is located 8 minutes* South East from Coolamon and 20 minutes* North West of the CBD of Wagga Wagga. Commodity logistics are favorable with the property's close proximity to the Wagga Livestock Marketing Centre, GrainCorp and Louis Dreyfus Company (Coolamon) and Croker Grain of Marrar.

INVESTMENT HIGHLIGHTS

? To be sold as a whole or individually, (individual properties are contingent with each other selling)
? Comprising a total of 413.1ha* (1020 acres) - Individually 197.6ha (488 acres*) & 215.5ha (532 acres*)
? Well appointed 4 bedroom brick residence, with a/c, and established gardens
? Key location, 8 minutes* South East from Coolamon along the Wagga road, and 20 minutes* from the CBD of Wagga Wagga.
? Managed with precision farming, crop rotational history, subdivided into 14 main* paddocks, lane way system and farm road
? ProWay steel sheep yards (undercover), large machinery shed/hay shed, 100,000L* water tank, town water, equipped electric bore with PVC casing, solar panel system, 250T* grain shed, 5 x 30T* & 2 x 60T* silos, work shop, oversized storage shed
? Purchaser has the option to take on the current lease (CPI increase annually), or opt for a delayed settlement 1st Feb 2025

'Glenholme' provides a significant rural investment opportunity and is a highly desirable property to have ownership on.

Geoff Palmer - 0437 892 522 | Laura Semmler 0413 788 544

Ray White Rural - Wagga Wagga

Please note: * Approx - subject to contract and or vendor supplied information.

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Property History for 2214 Coolamon Rd, Coolamon, NSW 2701

A timeline of how this property has performed in the market
Last Sold
$867,606
17 Oct 2001
  • 19 Sep 2023
    Listed for Sale Expressions of Interest - (Close October 30th)
  • 17 Oct 2001
    Sold for $867,606
  • 12 Jun 1997
    Sold for $511,306

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About Coolamon 2701

The size of Coolamon is approximately 297.2 square kilometres. It has 4 parks covering nearly 4.2% of total area. The population of Coolamon in 2011 was 2,128 people. By 2016 the population was 2,208 showing a population growth of 3.8% in the area during that time. The predominant age group in Coolamon is 0-9 years. Households in Coolamon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolamon work in a professional occupation. In 2011, 78.4% of the homes in Coolamon were owner-occupied compared with 75% in 2016.

Coolamon has 1,387 properties. Over the last 5 years, Houses in Coolamon have seen a 99.72% increase in median value. As at 30 September 2024:

  • The median value for Houses in Coolamon is $434,315 while the median value for Units is $423,212.
  • Houses have a median rent of $450.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Coolamon on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Coolamon.

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