Key features:
Location
The property is located in the Northern Rivers Region, approximately 7km east of Casino and 23km west of Lismore.
Area
The total area is 112.2ha or 277 acres consisting of two (2) freehold titles.
Carrying Capacity
The property has been utilised for a number of agricultural activities and in relation to the livestock capabilities the current owners provide a carrying capacity guide for the property of 100 -110 breeders.
The property also avails itself to cultivation including possible soya beans or ti-tree farming.
Housing
The property contains two homes.
The first home is a four to five bedroom home with a study or office area. There two dining areas, an enclosed sunroom and a main bathroom with shower and bath and a second bathroom with a shower. The home has air-conditioning and provides direct access to the workshop and carports.
The second home is a short distance away from the main home and is a three bedroom original homestead. Currently tenanted, the home has a renovated bathroom and laundry area, a modern country styled kitchen and a large lounge room.
Soils
The property is a combination of fertile flats and a gentle rolling ridge. The soil types are mainly a silty loam soil and a dark black pug.
Cattle Yards
There is a large set of steel and timber cattle yards which are easily accessible by truck. The crush and race is undercover with concrete flooring.
Shedding
There is magnificent shedding on the property. Previously utilised for a bus depot the sheds are well built and provide huge workshop areas or storage. The largest shed is 40m x 15m and contains a mechanics pit, tool room storage, office area, mains power including three phase and large sliding bay doors. The second shed is 30m x 15m and is ideal for machinery and equipment storage.
Fencing
Fencing throughout the property is generally in very good order. The boundary fencing is stock proof with internal fencing being in a good condition.
Water Security
There is excellent water availability on this property. There are two dams, two large natural lagoons and there is a bore with a solar pump which pumps to a header tank. Rain water is captured in seven water tanks which supply water to the houses and garden areas.
Summary
This property is in a very popular location and contains some of the best cropping and livestock land in the area. Containing multiple income streams including rental potential for housing and shedding, this is a great opportunity.
Call the exclusive listing agents - T & W McCormack Pty Ltd
The size of Spring Grove is approximately 35.5 square kilometres. The population of Spring Grove in 2011 was 347 people. By 2016 the population was 428 showing a population growth of 23.3% in the area during that time. The predominant age group in Spring Grove is 50-59 years. Households in Spring Grove are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Spring Grove work in a professional occupation. In 2011, 92.3% of the homes in Spring Grove were owner-occupied compared with 85.9% in 2016.
Spring Grove has 213 properties. Over the last 5 years, Houses in Spring Grove have seen a 50.43% increase in median value. As at 31 October 2024:
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