SOLD
Sold on 08 Jul 2024 for $3,220,000

516 Coreinbob Siding Road
Ladysmith NSW 2652

Bedrooms: 6
Bathrooms: 3
Car spaces: -
Land area: 1880050m2
Sold By
LAWD Pty Ltd
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Property Details for 516 Coreinbob Siding Rd, Ladysmith

Building Type
Rural
Land Size
1880050m2
Local Government
Wagga Wagga
Lot/Plan
1/DP115589

Last Listing description (July 2024)

LAWD is pleased to present Koondarbee (the Property), comprising 188* hectares (464.55* acres) of prime mixed farming and grazing land, located 30* kilometres east of Wagga Wagga in a tightly held location within the Eastern Riverina.

Key Investment Highlights

Land Use and Pasture Improvement

Total area: 188*hectares / 464.55* acres.
Highly productive mixed farming and grazing land presenting a well-balanced combination of land classes to suit both fattening and breeding enterprises, 72* per cent arable (135* hectares).
The arable areas are predominantly pasture improved featuring Phalaris, clover, and ryegrass pastures. 30* hectares are considered native perennial grass with the balance comprising sheltered timber areas.
The Property has an intermittent fertiliser history highlighting the opportunity to increase productivity with input.
Established tree lines divide paddocks, provide excellent shelter for livestock and aesthetically attractive.

Water
Water is a real feature of the asset, a bore (electric) supplies two 100,000* litre head tanks which reticulate to troughs and garden. The seasonal Coreinbob and Sawpit Creeks divides the Property providing livestock water to several paddocks. Additional surface water is sourced from 10* earthen dams, one of which is spring fed and covers an area of 1.1* hectares.

Residential and Operational Infrastructure
Architecturally designed, six* bedroom homestead sits in a commanding position with 180* degree views to the north. The homestead features quality fixtures and fittings, open plan kitchen and family room, rumpus room (billiard room), formal living, formal dining room, main bedroom with walk in wardrobe and ensuite, study, bathroom, powder room, laundry, double garage, and front/rear barbeque entertaining areas. Additional key features include ducted reverse-cycle air conditioning, slow combustion heater, open fireplace, spa bath and sauna.
Additional accommodation - Situated below the homestead is Koondarbee Cottage which features three* bedrooms, bathroom, open plan kitchen and dining. The additional dwelling provides a supplementary income to be leased out or workers accommodation.
Landscaped garden - Surrounding the homestead is a well-maintained established garden which features tennis court with vast grass areas and circular bitumen driveway.
Quality operational improvements including timber and steel cattle yards with a loading ramp and veterinary crush, machinery sheds, workshop (power connected), hayshed, two stand shearing shed and two silos (80* tonnes in total storage).

Location
Conveniently located 30* kilometres east of Wagga Wagga, 21* kilometres from Wagga Airport, 221* kilometres from Canberra and 396* kilometres from the M5/M7 intersection in Sydney.

Koondarbee is for genuine sale by Expression of Interest, closing 13 June 2024, 12 noon. For more details regarding this rare opportunity please contact the below personnel.

Property History for 516 Coreinbob Siding Rd, Ladysmith, NSW 2652

A timeline of how this property has performed in the market
Last Sold
$3,220,000
08 Jul 2024
  • 08 Jul 2024
    Sold for $3,220,000
  • 17 May 2024
    Listed for Sale Contact Agent
  • 09 Jan 2017
    Sold
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About Ladysmith 2652

The size of Ladysmith is approximately 73.2 square kilometres. The population of Ladysmith in 2011 was 196 people. By 2016 the population was 352 showing a population growth of 79.6% in the area during that time. The predominant age group in Ladysmith is 60-69 years. Households in Ladysmith are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ladysmith work in a professional occupation. In 2011, 91.6% of the homes in Ladysmith were owner-occupied compared with 71.9% in 2016.

Ladysmith has 208 properties. Over the last 5 years, Houses in Ladysmith have seen a 96.90% increase in median value. As at 31 October 2024:

  • The median value for Houses in Ladysmith is $540,886 while the median value for Units is $489,807.
There are currently 4 properties listed for sale, and no properties listed for rent in Ladysmith on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Ladysmith.

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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.