OFF MARKET

696 Ardlethan Road
Coolamon NSW 2701

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 3357000m2
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Property Details for 696 Ardlethan Rd, Coolamon

Building Type
Rural
Land Size
3357000m2
Local Government
Coolamon
Lot/Plan
89/DP750846

Last Listing description (October 2021)

'Quandong' is a *2,300 acre (930 ha) mixed farming property located in the Coolamon Shire. The property is *7 km north of Coolamon and *45 km from the city of Wagga Wagga with sealed road frontage and town water. The soils are a mixture of rich red loams and productive light self-mulching clay.

CROPPING:


The current operators of 'Quandong' are running a predominantly cropping based enterprise with cereals & oilseeds playing a major part in the rotation. Soil conditioning has been a major focus, with a strong history of lime, gypsum, fertiliser and deep ripping.

STOCK:

Supplementing the cropping platform, 'Quandong' is currently running a mix of crossbred and merino ewes with followers. The property also has the ability to feedlot lambs or drought lot ewes during the summer months.

There are two sets of steel sheep yards with the main set having a covered working area. An older style 3 stand woolshed rounds off the stock handling facilities. A laneway system runs through the heart of the farm ensuring ease of stock movements across the property.

Water is available in every paddock, either supplied by surface tanks or town water via troughs.

IMPROVEMENTS:

- 3 bedroom cement rendered home
- 4 hay sheds capable of holding vast amounts of fodder or machinery
- A grain/fertiliser shed
- Various machinery sheds
- Workshop
- Weighbridge/office,
- Chaff shed and amenities.
- 7 self emptying silos and 2 flat bottom silos totalling approximately 1,250 tonne of grain.
- 2 sets of steel sheep yards with one being covered and a 3 stand shearing shed.
- 2 mains water connections

'Quandong' is a well balanced mixed farm strategically located for cropping and stock with markets on its doorstep.

'Quandong' can be sold as a whole or can be split in 3 blocks contingent on all blocks being sold at the same time.

'Quandong' - main block - *1,600 acres
'Robella' & Q 1 paddock - *400 acres
'Greenbank' - * 310 acres

The property is being sold with a lease in place which finishes on 31st January 2024.

*approximately


SALES PROCESS:

'Quandong' is being offered for sale by a two stage Expression of Interest process. The first stage will run until 10.00am Tuesday 26 October 2021 and will seek non-binding offers from interested parties. Stage two will be a period of price discovery and negotiation between the vendor and interested parties with the aim of acceptance of a fully binding offer by the vendor.

To request a copy of the IM or to arrange an inspection, contact Bruce Holden on 0428 278 546

Property History for 696 Ardlethan Rd, Coolamon, NSW 2701

A timeline of how this property has performed in the market
Last Sold
$1,119,825
02 Dec 2015
  • 17 Sep 2021
    Listed for Sale For Sale By EOI
  • 02 Dec 2015
    Sold for $1,119,825
  • 19 May 2004
    Sold for $1,300,000
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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 1,386 properties. Over the last 5 years, Houses in Coolamon have seen a 94.80% increase in median value. As at 31 October 2024:

  • The median value for Houses in Coolamon is $416,411 while the median value for Units is $393,537.
  • Houses have a median rent of $420.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Coolamon on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Coolamon.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.