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Sold on 15 Nov 2024 - Price Unavailable

8 Four Farms Lane
Southgate NSW 2460

Bedrooms: 6
Bathrooms: 1
Car spaces: -
Land area: 200ac
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Property Details for 8 Four Farms Lane, Southgate

Building Type
Rural
Land Size
200ac

Last Listing description (November 2024)

'Rosedale' is the traditional home of the highly acclaimed Sumo Wagyu Stud, and following the recent herd dispersal is now offered for genuine sale by Auction.
'Rosedale' is ideally located being only minutes from the thriving Clarence River city of Grafton and a mere 60km drive along the river to the holiday destination of Yamba. Comprising 81ha or 200ac on 8 freehold titles the property, formerly a successful dairy operation, offers a myriad of production and development opportunities for the discerning buyer.
A secure 174 megalitre WAL from the Alumy Creek can be used to drive production across the property's flat to gently undulating paddocks making 'Rosedale' ideal as a fodder factory. Practical purposes are easily imagined in an agricultural space and include dairy, hay and silage production or continued use as a stud selling complex. Alternate uses away from agriculture are only limited by your imagination.

Structural improvements are robust and many. Boasting 6 bedrooms the 'Rosedale' homestead is split level and features a wide shady verandah that provides views over the established gardens to the surrounding fertile creek flats. Recently renovated, the homestead is welcoming and family friendly with a large north facing undercover entertainment area providing the perfect venue for socialising, regardless of the weather conditions.
The structural improvements include a large enclosed commodity bunk with concrete floor and precast concrete walls with a skillion bay for machinery housing and undercover weaning yards, steel panel cattle yards, a seed stock veterinary shed, silos, roller mill, a sale barn with a mezzanine floor fitted with an office with a/c, a bathroom and storage rooms. The sale barn is suitable to be repurposed as a machinery shed and workshop. Adjacent to the sale barn is a standalone servery, fire pit and function area.
The 174 megalitre unregulated river licence is attached to the Alumy Creek water source. The irrigation system is serviced via an electric three phase pump, underground mains and hydrants which are located across the farm. 'Rosedale' offers arable alluvial soils combined with the irrigation opportunities make it most suitable to be managed as a fodder factory for hay, silage and green chop.
Water security is assured with water for the home, sale barn, cattle yards and stock troughs supplied from the Clarence Valley Council town water mains.
The property is subdivided into numerous paddocks with smaller pens linked to the stock yards. Designed for management efficiencies with a central laneway system and a network of concrete stock troughs. One title being lot 2 in DP 731125, comprising approximately 54 acres of land, is non-contiguous and located 1.4km from the balance of the holding.
'Rosedale' will be offered for auction on the 15th of November and is the final step for our vendor to transition into retirement. Inspections via weekly farm tours occurring each Tuesday 15th October and Wednesday 23rd & 30th October & 6th November from 3pm to 6pm with pre bookings required through the selling agents.

Contact
Andrew Starr 0428 792 466
Bruce Birch 0428 363 063

Property History for 8 Four Farms Lane, Southgate, NSW 2460

A timeline of how this property has performed in the market
Last Sold
15 Nov 2024
  • 15 Nov 2024
    Sold
  • 08 Oct 2024
    Listed for Sale Auction
  • 06 Dec 2019
    Sold for $1,600,000
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About Southgate 2460

The size of Southgate is approximately 35.1 square kilometres. It has 1 park covering nearly 15.3% of total area. The population of Southgate in 2011 was 175 people. By 2016 the population was 199 showing a population growth of 13.7% in the area during that time. The predominant age group in Southgate is 50-59 years. Households in Southgate are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Southgate work in a managers occupation. In 2011, 75.4% of the homes in Southgate were owner-occupied compared with 74.3% in 2016.

Southgate has 114 properties. Over the last 5 years, Houses in Southgate have seen a 72.95% increase in median value. As at 30 November 2024:

  • The median value for Houses in Southgate is $741,055 while the median value for Units is $508,793.
There are currently 2 properties listed for sale, and no properties listed for rent in Southgate on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Southgate.

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Contact agent
Andrew Starr
Show contact details
Ray White Rural (NSW)
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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.