LAWD (Land, Agribusiness, Water & Development) is pleased to present Bungaree (The Property). A genuine high rainfall grazing property located on the renowned Eastern Riverina of New South Wales. Bungaree is a proven livestock breeding platform that offers a productive balance of land classes, secure water resources supported by reliable climate, conveniently located to the regional city of Wagga Wagga.
Key asset highlights:
Scale & Topography
Location
Strategically located at the midpoint of the Hume Highway between Sydney and Melbourne, being in proximity to Tarcutta (5* kilometres), Wagga Wagga (53* kilometres), Holbrook (80* kilometres), Albury (128* kilometres), Canberra (212* kilometres), Sydney (428*kilometres) and Melbourne (453* kilometres)
Pastures
The grazing system is based on native perennial pastures with 295* hectares over sown with oats and ryegrass, with a strong history of fertiliser use.
Rainfall & Water
Situated in reliable winter-spring dominant annual rainfall area of 657* millimetres supported by dams with extensive catchments, 1.5* kilometres single frontage and 0.7* kilometres double frontage to Keajura Creek, plus a domestic bore/well.
Operational Improvements
Fit for purpose operational improvements include equipped 3 stand wool shed, sheep yards, cattle yards, outpost sheep & cattle yards, machinery/hay sheds (4), silos & chemical storage shed
Operational Efficiencies
Five* kilometre laneway system combined with outpost sheep & cattle yards provide labour efficiencies.
Accommodation
Comfortable and well maintained three-bedroom, one bathroom homestead set in mature gardens including an outdoor entertaining area with firepit, pizza oven & hot tub.
Bungaree is for sale by Expression of Interest closing 4:00pm Thursday 14 October 2021 (AEDT)
*approximately
The size of Tarcutta is approximately 413.4 square kilometres. It has 1 park. The population of Tarcutta in 2011 was 613 people. By 2016 the population was 462 showing a population decline of 24.6% in the area during that time. The predominant age group in Tarcutta is 60-69 years. Households in Tarcutta are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Tarcutta work in a managers occupation. In 2011, 76.1% of the homes in Tarcutta were owner-occupied compared with 78% in 2016.
Tarcutta has 390 properties. Over the last 5 years, Houses in Tarcutta have seen a 66.21% increase in median value. As at 30 November 2024:
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