SOLD
Sold on 08 Sep 2023 for $2,000,000

187 Arthur Drive
Putty NSW 2330

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Land area: 4814700m2
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Property Details for 187 Arthur Dr, Putty

Building Type
Land
Land Size
4814700m2
Local Government
Singleton
Lot/Plan
1/DP256670

Last Listing description (October 2023)

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.

Property History for 187 Arthur Dr, Putty, NSW 2330

A timeline of how this property has performed in the market
Last Sold
$2,000,000
08 Sep 2023
  • 08 Sep 2023
    Sold for $2,000,000
  • 07 Jun 2023
    Listed for Sale Guide $2,600,000
  • 12 Sep 2019
    Sold for $2,038,000
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About Putty 2330

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.

    There are currently 7 properties listed for sale, and no properties listed for rent in Putty on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Putty.

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    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.