SOLD
Sold on 16 Feb 2024 for $3,300,000

370 Pinnacle Driftway Road
Garema NSW 2871

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 5497000m2
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Sold By
Kevin Miller Whitty Lennon & Co
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Property Details for 370 Pinnacle Driftway Rd, Garema

Building Type
Rural
Land Size
5497000m2
Local Government
Forbes
Lot/Plan
134/DP752930

Last Listing description (March 2024)

"Pleasant View" represents a great sized mixed farming opportunity and is conveniently located just a short 30 minutes' drive from Forbes and Grenfell and just over 2 hours from Canberra, in beautiful Central West NSW.

"Pleasant View" consists of 2 lots: Lot 134 in DP752930 and Lot 100 in DP752961. Of the total area (549.7Ha /1358Ac). Boasting highly productive mainly red to sandy loam soils running down into some heavier grey soils, good fencing, excellent infrastructure in good condition, a secure 10,000L / day stock and domestic water scheme entitlement, as well as several dams; the new owner will be able to walk in and start the farming enterprise of their choice.

The well-fenced and well maintained 4 bedroom, 2 garage (plus self contained granny- flat) brick veneer home is move-in ready and positioned to take advantage of the stunning elevated views from the wrap-around verandah. A bonus is the lovely, landscaped, established garden with mature trees and lawns.

Infrastructure:

Fencing - mostly ringlock in good condition
3- stand woolshed
3-sided machinery shed
open sided hay shed
several general storage sheds
sheep yards with loading ramp
5 cone bottom silos - total storage 240T
water tank storage: total over 100,000L
large poultry enclosure/tennis court

Contact Gavan Coote for an inspection by appointment.

Expressions of Interest open now - closing 3pm on 15 Dec 2023

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Property History for 370 Pinnacle Driftway Rd, Garema, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$3,300,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $3,300,000
  • 26 Nov 2023
    Listed for Sale Not Disclosed

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About Garema 2871

The size of Garema is approximately 245.3 square kilometres. The population of Garema in 2011 was 290 people. By 2016 the population was 90 showing a population decline of 69.0% in the area during that time. The predominant age group in Garema is 10-19 years. Households in Garema are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Garema work in a managers occupation. In 2011, 67.4% of the homes in Garema were owner-occupied compared with 71.8% in 2016..

Garema has 90 properties. Over the last 5 years, Houses in Garema have seen a -29.11% decrease in median value. As at 30 November 2024:

  • The median value for Houses in Garema is $679,523.
There are currently no properties listed for sale, and no properties listed for rent in Garema on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Garema.

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