Perched within an enchanting wilderness area, with Putty Creek meandering through its expanse, this 1190 acre property presents ample possibilities for relaxation and practicality, with annual income included.
Upon arrival, the sweeping country style residence cuts a striking silhouette with its wide wraparound verandah extending from an elevated position to capture the idyllic valley surrounds. Inside, the family home seamlessly blends rural charm with modern comfort with large open plan lounge and dining areas, vaulted ceilings, wood fireplaces and air-conditioning throughout, with access to the expansive verandah from all rooms.
This country home has great amenities; 3 large bedrooms, 2.5 bathrooms, a separate self-contained cabin with ensuite, double garage, in-ground pool and alfresco cabana, and a large separate 190sqm home office and gymnasium next to the home.
Within this magnificent landholding, there are approximately 120 acres of fenced, cleared grazing paddocks suitable for hobby farming, equestrian or stock agistment. The property has 4 dams, a water bore and a 44 megalitre water license along with ample machinery sheds. It has town electricity as well as large backup diesel generators.
Annual income is provided in perpetuity for preserving the existing bushland escarpments under a conservation covenant. These areas contain endangered woodland birds that can be observed regularly throughout the year.
In consideration for biodiversity credits previously generated at the property, the vendor is offering the purchaser a guaranteed income of 15% per annum of the purchase price over a period of 7 years. This is an outstanding and rare opportunity, where you can own this property outright with your primary purchase cost repaid within 7 years (T&Cs apply).
Features: - Enchanting 1190 acre property adjacent to the Wollemi National Park - Expansive family home with rural charm and verandah - 120 acres of fenced paddocks suitable for agricultural and livestock use - Separate home office and gym, one bedroom studio, and an in-ground pool - Multiple work sheds with vehicle garages and equipment carports - 4 dams, a water bore and a 44 megalitre water license - Annual income in perpetuity to preserve existing bushland - Additional income over 7 years to offset against the property purchase - Idyllic location for outdoor recreation and eco-tourism
Speak to your friendly Cutcliffe agent today to organise a visit.
The size of Putty is approximately 502.6 square kilometres. It has 3 parks covering nearly 55.3% of total area. The population of Putty in 2011 was 321 people. By 2016 the population was 155 showing a population decline of 51.7% in the area during that time. The predominant age group in Putty is 60-69 years. Households in Putty are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Putty work in a trades occupation. In 2011, 80.9% of the homes in Putty were owner-occupied compared with 90.4% in 2016.
Putty has 231 properties. Over the last 5 years, Houses in Putty have seen a 40.01% increase in median value. As at 31 October 2024:
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