OFF MARKET

217 Summers Road
Maybole NSW 2365

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5179990m2
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Property Details for 217 Summers Rd, Maybole

Building Type
Rural
Land Size
5179990m2
Local Government
Inverell
Lot/Plan
2/DP625191

Last Listing description (December 2023)

716.71* Ha (1,771* acres)

Located in the blue ribbon district of Ben Lomond and Maybole, an area highly regarded for its superior and reliable levels of beef production, with the capacity to grass finish, 'Koryphe' has much to offer.

The 1,771 prime grazing acres rising above 1300m elevation, offering nutrient rich basalt soils, 1000mm of average annual rainfall, a strong fertiliser program in a temperate environment where the well established perennial pastures naturally thrive. The property boasts two sets of steel cattle yards, each equipped with a vet crush. The main yards

offer a curved race with an undercover working area and a D Force where handling livestock is safe, efficient and stress-free. The yards are serviced by a central laneway system which links to 15 of the 19 paddocks, enabling for ease of stock movements and rotational grazing. Shearing shed with electricity connection used for storage purposes only. An ongoing capital works program has seen the erection of new sections of both boundary and internal fencing. The property has reliable B-double
access with approximately 7.5 km of internal access tracks and crossings developed to add further management efficiencies.

'Koryphe' benefits from a variety of water sources and a high level of overall water security. Water for livestock is supplied from the Spring fed Macintyre River, Snake Creek, 20 earthen dams and reticulation system from a high yielding, high quality solar bore complete with remote Farmbot water monitoring system.

The current owners have successfully operated a fattening and self replacing cow and calf operation on 'Koryphe'. The strategic management of the well established perennial and clover base pastures have resulted in a business model that is both productive and sustainable. High analysis fertilisers have been applied in recent years with the most recent application in Autumn 2023. The sale of 'Koryphe' presents the astute buyer with an opportunity to secure a hard to find, reliable, high performing grazing asset which is turnkey and ready to maximise the kilograms of beef production for its new owners.

*All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*

Property History for 217 Summers Rd, Maybole, NSW 2365

A timeline of how this property has performed in the market
Last Sold
$7,350,000
13 Oct 2023
  • 13 Oct 2023
    Sold for $7,350,000
  • 03 Aug 2023
    Listed for Sale Contact Lachlan Cullen 0438 740 138
  • 07 Jul 2015
    Sold for $1,600,000
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About Maybole 2365

The size of Maybole is approximately 104.3 square kilometres. The population of Maybole in 2011 was 353 people. By 2016 the population was 45 showing a population decline of 87.3% in the area during that time. The predominant age group in Maybole is 0-9 years. Households in Maybole are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Maybole work in a managers occupation. In 2011, 84.3% of the homes in Maybole were owner-occupied compared with 90% in 2016..

Maybole has 43 properties. As at 30 September 2024:

  • The median value for Houses in Maybole is $379,037.
There are currently no properties listed for sale, and no properties listed for rent in Maybole on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Maybole.

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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.