350 Shannonvale RoadFive Ways NSW 2873
Property Details for 350 Shannonvale Rd, Five Ways
Last Listing description (September 2023)
Elders Real Estate Nyngan presents this opportunity to obtain a piece of premium farmland in the heart of the Fiveways area 'Oriel'.
Conveniently located 63km southwest of Nyngan and 33 km northwest of Tottenham, 'Oriel' has scope for further development of the rich farming country, being within a prime grain growing area. With some infrastructure presently in place, and timbered grazing country, 'Oriel' provides the potential for development and financial gain and has a solid foundation for a successful cropping enterprise should the purchaser desire. 'Oriel' consists of approximately 900 acres of arable country, with the balance being undulating red loam soils under timbered country.
Country:
- Boundary fencing consisting of hinge joint and plain wire fencing
- Undulating red loam soils
- Watered by 5 earth dams
- 425mm* rainfall per annum
Improvements:
- Large four-bay machinery shed with power
- Double workshop
- Original shearing shed
- Timber horse arena/day yards
- Four bedroom brick homestead
- Established shade trees and lawn surrounding homestead
Contact Simon Bell to arrange your inspection today or request full information memorandum for more details.
* denotes approximately.
Property History for 350 Shannonvale Rd, Five Ways, NSW 2873
- 27 Sep 2023Sold for $1,225,000
- 18 Aug 2023Listed for Sale Auction 27th September
- 08 Oct 2002Sold for $360,000
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About Five Ways 2873
The size of Five Ways is approximately 574.3 square kilometres. It has 5 parks covering nearly 7.8% of total area. The population of Five Ways in 2011 was 300 people. By 2016 the population was 9 showing a population decline of 97.0% in the area during that time. The predominant age group in Five Ways is 60-69 years. Households in Five Ways are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Five Ways work in a managers occupation. In 2011, 81.1% of the homes in Five Ways were owner-occupied compared with 100% in 2016..
Five Ways has 44 properties.
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