OFF MARKET

1002 New England Highway
Nemingha NSW 2340

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 284800m2
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Property Details for 1002 New England Hwy, Nemingha

Building Type
Rural
Land Size
284800m2
Local Government
Tamworth Regional
Lot/Plan
1002/DP1228878

Last Listing description (August 2024)

Production, Performance and Potential

"Nymboida Downs" is a production powerhouse set on 70acres of rich alluvial river flats consisting of 1.2km frontage to the Cockburn River. Privately located just off the New England highway, a short 11km from the center of Tamworth, this property has everything you need to hit the ground running. "Nymboida Downs" boasts a 2017 built 4 bedroom, 2 bathroom brick home, 1 bedroom cottage, surrounded by well-manicured garden, multiple sheds, established crops, 2 water licenses and more. It has everything you need to step straight in or endless potential to make it your own. Whether you are into livestock, horses, cropping or simply after your own peace of paradise close to town, "Nymboida Downs" ticks every box.

AREA

Approximately 28.5ha / 70.4ac

LOCATION
"Nymboida Downs" is situated a short 10 minutes' drive from the regional city of Tamworth and a short 4min drive to Nemingha. Tamworth offers excellent health facilities, leading education opportunities for all ages, a wide range of competitive sports, and a huge variety of shopping.

The property is well situated for a livestock operation with there being regular livestock markets, abattoirs, and multiple feedlots in the area. It is extremely convenient for the equine enthusiast Tamworth being the home of the Australian Equine & Livestock Events Centre (AELEC) that facilitates everything from world class showjumping to some of Australia's highest paying Performance Horse disciplines.

Ideally located being 420km North of Sydney and 575km South of Brisbane. This property is perfect for anyone looking for that central location being so close to the Regional City of Tamworth and only a short drive to the coast.

ACCOMMODATION
A real feature of "Nymboida Downs" is the solid 2017 built brick home that is ready for a family to move straight in. It offers 3 bedrooms, all with built ins, bathroom and an ensuite off the main plus a study that could also be utilised as a 4th bedroom.

Open plan kitchen including a gas stove top, electric oven, ducted air conditioning and gas heating for warmth in the colder months. A brand-new wooden deck part covered by a verandah sweeps around 2 sides of the home offering plenty of room for relaxing or entertaining.

There is also a one-bedroom granny flat that has kitchen and shower.

COUNTRY & PASTURE
"Nymboida Downs" consists of rich alluvial river flats which are approximately 95% arable providing endless opportunities and ease of management. When it comes to the production side of things, all the hard work has been done. The property is fenced into 7 easy to manage paddocks.

Three paddocks, approximately 23.4ac, are currently sown down to Lucerne. This crop has allowed 6 cuts per season, yielding 6000 bales on average. There is approximately 6.7ac of established sub-tropical grasses ready to be grazed, along with another 3 paddocks totaling 27.7ac which are being prepared ready for oats.

"Nymboida Downs" ideally located 11.5km from the center of Tamworth, with potential to increase production this property will impress and won't last long.

WATER
Water is a major feature of "Nymboida Downs", being perfectly positioned with 1.2km frontage to the Cockburn River. You will never have to worry about water security again. "Nymboida Downs" has an equipped well which has a 210ML water license attached, and 2 pump points on the river that have a 30ML unregulated water license also attached.

The Southern Cross soft hose travelling irrigator has 400m hose and can easily be moved to irrigate all paddocks, but there is no need, as there is 11.5acres irrigated by a subsurface drip system in addition to two sets of irrigation pipes.

RAINFALL
"Nymboida Downs" is located in the Nemingha district north-east of Tamworth and receives an average annual rainfall of 25" - 27" (625mm - 675mm).

FENCING
All paddocks are neatly fenced with 2 wire electric fences, which are all in good working condition.

INFRASTRUCTURE

HAY SHED
- 18m long x 12m wide, 2 sides fully enclosed and 2 sides open
- Dirt floor
- Steel and wooden construction

WORKSHOP / CARPORT
- 16m long x 7.5m wide
- Concrete floor
- 50%enclosed/lockable
- Workshop including:
- Workbench
- Power
- Shelving
- Steel frame and iron cladding

CATTLE YARDS
- Steel cattle yards with loading ramp

PRICE
$2,100,000

INSPECTIONS
Inspections are by appointment only with the exclusive selling agent.

VENDORS EXCLUSIVE SELLING AGENT
Nutrien Harcourts Tamworth
Joel Fleming
0467 725 195

Property History for 1002 New England Hwy, Nemingha, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$875,000
17 Feb 2017
  • 27 Aug 2024
    Listed for Sale $1,950,000
  • 02 Feb 2024
    Listed for Sale $1,950,000
  • 17 Feb 2017
    Sold for $875,000
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About Nemingha 2340

The size of Nemingha is approximately 32.6 square kilometres. The population of Nemingha in 2011 was 644 people. By 2016 the population was 672 showing a population growth of 4.3% in the area during that time. The predominant age group in Nemingha is 50-59 years. Households in Nemingha are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nemingha work in a managers occupation. In 2011, 76.5% of the homes in Nemingha were owner-occupied compared with 77.1% in 2016.

Nemingha has 433 properties. Over the last 5 years, Houses in Nemingha have seen a 72.36% increase in median value. As at 30 September 2024:

  • The median value for Houses in Nemingha is $719,118 while the median value for Units is $322,319.
  • Houses have a median rent of $365.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Nemingha on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Nemingha.

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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.