OFF MARKET

3218 Mitchell Highway
Molong NSW 2866

Bedrooms: 6
Bathrooms: 6
Car spaces: 6
Land area: 1324000m2
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Property Details for 3218 Mitchell Hwy, Molong

Building Type
Rural
Land Size
1324000m2
Local Government
Cabonne
Lot/Plan
5/DP112228

Last Listing description (May 2022)

Area:
132.4 Hectares (327.16 Acres)

Location:

'Gamboola' is a 34 kilometres northwest of Orange on the Mitchell Highway and only 1.5 kilometres from Molong with easy travelling to Sydney by road and air.

Property:
'Gamboola' is a gently undulating property running down to creek flats. It consists of 14 paddocks. The paddocks close to the Molong Creek consist of deep, black alluvial basalt soils. The paddocks further from the creek are a redder basalt. They grow Lucerne, Clover, Cocksfoot and Phalaris vigorously.

Water:
Molong creek is a permanent water supply used to provide stock and domestic water which is pumped to a 400,000 Litre tank that gravity feeds to the homestead garden and troughs in most paddocks. Some paddocks still rely on animals having direct access to the creek for watering.

Homestead and Improvements:
The main homestead (1846 construction) There are a total of 19 generously sized rooms including 5 bedrooms, 5 bathrooms, kitchen, 2 offices, 2 sitting rooms, dining room, sunroom and external laundry. The main bedroom has a ensuite bathroom and dressing room. Another feature is an impressive dry underground cellar.
There are 2 cottages on the property with the one closest to the house extensively renovated in 1990. This building is of a very good standard and consisting of 3 bedrooms, 2 bathrooms, sitting room, dining room, kitchen, courtyard and laundry. The second circa 1940 cottage is much older and is currently used for rental.
The Coach House is a two storey 20m x 6m structure built in circa 1842 from local limestone by Cornish and convict stonemasons. Stables restored to very good original condition in 1990. The Woolshed has seen continuous use prior to 1988 when 'Gamboola' became a Shorthorn cattle property under Bill Mclaughlin. There are 2 large machinery sheds constructed circa 1937

Features
- 132.4 Hectares (327.16 Acres)
- Prime location - Close to Molong & Orange and easy travelling to Sydney
- Classic 1846 colonial style five bedroom homestead in excellent structural condition
- Established low maintenance gardens
- Generous indoor and outdoor entertainment areas
- Fully maintained outbuildings including historical Coach house, Stables & Woolshed (cc1842)
- Excellent opportunities for Functions and Events hosting and hospitality
- Two additional cottages (Rented $700/week)
- Extended frontage to the reliable Molong Creek
- Fully functioning cattle fattening and breeding property
- Deep fertile Black and Red Basalt soils

Schute Bell Badgery Lumby
Cameron McIvor - 0429 900 118

McCarron Cullinane
Brian Cullinane - 0418 637 338

Inspection by appointment only

This information has been obtained from our vendor(s) and third parties. We make no representations to its accuracy. All computer images, maps and photographs are indicative only. We are merely passing the information on. Interested parties should make their own enquiries.

Property History for 3218 Mitchell Hwy, Molong, NSW 2866

A timeline of how this property has performed in the market
Last Sold
$2,150,000
31 Aug 2016
  • 18 May 2021
    Listed for Sale Contact agent
  • 31 Aug 2016
    Sold for $2,150,000
  • 19 Nov 1993
    Sold for $1,440

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About Molong 2866

The size of Molong is approximately 425.3 square kilometres. It has 2 parks. The population of Molong in 2011 was 2,515 people. By 2016 the population was 2,594 showing a population growth of 3.1% in the area during that time. The predominant age group in Molong is 10-19 years. Households in Molong are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Molong work in a managers occupation. In 2011, 74.1% of the homes in Molong were owner-occupied compared with 71.2% in 2016.

Molong has 1,493 properties. Over the last 5 years, Houses in Molong have seen a 97.52% increase in median value, while Units have seen a 62.46% increase. As at 31 October 2024:

  • The median value for Houses in Molong is $518,005 while the median value for Units is $477,463.
  • Houses have a median rent of $450.
There are currently 27 properties listed for sale, and 4 properties listed for rent in Molong on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Molong.

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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.