OFF MARKET

501 Melrose Road
Mullamuddy NSW 2850

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Land area: 106700m2
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Property Details for 501 Melrose Rd, Mullamuddy

501 Melrose Rd, Mullamuddy is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 106700m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Land Size
106700m2
Local Government
Mid-Western Regional
Lot/Plan
11/DP1250449

Last Listing description (June 2021)

Set on 61.97 ha (153 acres) of beautiful Cudgegong River-front land only 10 km from Mudgee, "Carmyllie" is a truly magnificent property with fantastic views, "no expense spared" improvements and tremendous potential for future development if required.

Currently on three titles, an impressive stone entrance and drip irrigated tree lined driveway dissect the property with visitors observing a 10 ha lucerne paddock with sub-surface irrigation on one side and trough fed grazing paddocks on the other. An over 5000 tree spray-irrigated Truffiere occupies approximately 16 ha (with potential area to almost double). Surrounded by a high electrified fence, with over 10 years' growth and currently producing, this property offers not only a very attractive vista but potential for serious income from the production of high quality truffles.


Set back a kilometre from the main road and overlooking the Truffiere, river and farmland; there's a quaint two bedroom solid concrete farmhouse with country style eat-in kitchen, lime washed timber floorboards, high ceilings, wrap around verandahs and a delightful covered alfresco area which flows out to established gardens with attractive gabion walls.

Other improvements include a 9m x 9m double carport/workshop, four bay 9m x 18m steel machinery shed, several smaller sheds plus a solid concrete dairy building with power connected that the current owners have had preliminary plans prepared for a function centre with commercial kitchen, art studio and entertainment space.

In addition to versatile quality land and built improvements, water is definitely a major feature at "Carmyllie" with an 83 meg general security river licence accessed via electric pump and filtration system, 35 meg high security well licence accessed via electric pump, 8 meg high security stock and domestic licence, 6 meg dam with timber jetty and 128,000 litre hill tank, all interlinked via a network of 110 mm and 75 mm poly main and distributing water to all areas of the farm.

Currently fenced into six main paddocks, 16 troughs have been installed to provide a further 10 temporary paddocks for cell grazing if required.

Whether you are looking for a trophy riverfront property to relax and unwind or want to continue to develop the farm, truffiere,build your dream home or wish to enter Mudgee's thriving tourism and gourmet food industry, "Carmyllie" represents a truly unique opportunity.

For further information on The Truffle Company, please visit: https://www.thetrufflecompany.com.au/

To arrange an inspection, contact Andrew Blackman on 0413 488 844 or James Blackman on 0429 375 875.

Property History for 501 Melrose Rd, Mullamuddy, NSW 2850

A timeline of how this property has performed in the market
Last Sold
$3,775,000
09 Jun 2021
  • 10 Jul 2023
    Sold
  • 09 Jun 2021
    Sold for $3,775,000
  • 01 Mar 2021
    Listed for Sale UNDER OFFER

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About Mullamuddy 2850

The size of Mullamuddy is approximately 36 square kilometres. The population of Mullamuddy in 2011 was 425 people. By 2016 the population was 50 showing a population decline of 88.2% in the area during that time. The predominant age group in Mullamuddy is 50-59 years. Households in Mullamuddy are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mullamuddy work in a managers occupation. In 2011, 80.9% of the homes in Mullamuddy were owner-occupied compared with 84.2% in 2016..

Mullamuddy has 54 properties. As at 30 November 2024:

  • The median value for Houses in Mullamuddy is $854,474.
There are currently no properties listed for sale, and 1 property listed for rent in Mullamuddy on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Mullamuddy.

Suburb Insights for Mullamuddy 2850

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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.