340 Keith Armstrong RoadGingkin NSW 2787
Property Details for 340 Keith Armstrong Rd, Gingkin
Last Listing description (December 2014)
Set in the high country on the tip of the Great Dividing Range around 1200m, "Wetzlar" is the ultimate high country grazing property.
- Approx 2248 acres with a mix of rich basalt & limestone soils, sheltered valleys, native bushland and steeper hill country. Approximately 25% premium improved pastures, 50% cleared improved pastures and 25% natural timber.
- Approx 9kms frontage to Hollanders River on the eastern boundary with 6kms frontage to Gingkin Creek offering excellent water throughout
- Currently running approximately 1200 x/b ewes, 100 cows and calves and 500 merino wethers
- Excellent infrastructure including a three stand shearing shed with adjoining steel sheep yards, large steel cattle yards with undercover crush, two large machinery sheds and silos
- Subdivided into approximately 28 paddocks with a mix if ringlock, plain and netting fencing
- Four bedroom clad homestead in need of some T.L.C which would make a good managers cottage or weekend accommodation
- Situated approximately 25 minutes drive from the bustling country town of Oberon
- With magnificent vista's and water, "Wetzlar" would make an ideal Eco-Tourism venture, including trail riding, horse riding, trout fishing, hiking and four wheel driving
- Plenty of scope for future subdivision and improvement
"Wetzlar" is offered for genuine sale to consolidate the family's assets. Properties of this size, scope and potential are rare to the market. We thoroughly recommend your inspection as "Wetzlar" will be sold at auction if not sold prior.
Property History for 340 Keith Armstrong Rd, Gingkin, NSW 2787
- 13 May 2021Sold
- 12 Dec 2014Sold for $2,600,000
- 30 Oct 2014Listed for Sale Auction 12th December 2014 @ 10.30am
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About Gingkin 2787
The size of Gingkin is approximately 140.7 square kilometres. It has 2 parks covering nearly 32.6% of total area. The population of Gingkin in 2011 was 220 people. By 2016 the population was 84 showing a population decline of 61.8% in the area during that time. The predominant age group in Gingkin is 40-49 years. Households in Gingkin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gingkin work in a managers occupation. In 2011, 88.3% of the homes in Gingkin were owner-occupied compared with 83.9% in 2016..
Gingkin has 107 properties. Over the last 5 years, Houses in Gingkin have seen a 63.46% increase in median value. As at 31 October 2024:
- The median value for Houses in Gingkin is $765,795.
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