OFF MARKET

638 Kempton Road
Tingha NSW 2369

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 85m2
Land area: 19556000m2
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Property Details for 638 Kempton Rd, Tingha

Building Type
Commercial
Year Built
1900
Floor Size
85m2
Land Size
19556000m2
Local Government
Inverell
Lot/Plan
1/DP753654

Last Listing description (December 2023)

Oxley Capital Partners acting as Transaction Advisor in conjunction with McCulloch Agencies is pleased to offer "Kempton Station" to market. A unique investment opportunity offering a mixed enterprise of high-quality carbon and beef cattle run in synergy. Strategically located in the New England of Northern NSW, the property is forecasted to generate circa 310,000 ACCU's (net of developer fee) over 25 years while running up to 300 cows plus followers.

The holding boasts 2 registered carbon projects, underpinned by the established and reputable carbon project developer. Carbon project 1 is a Human-Induced Regeneration Project (HIR) and carbon project 2 is a Environmental Plantings Project (EP), both of which are registered with the Emissions Reduction Fund. It is important to note that no ACCU's have been generated or sold yet.

Situated 33km* southeast of Inverell, "Kempton Station" encompasses 1955.64Ha/4832.39Ac of granite country grazing running from undulating hills to soft creek flats. Previously the property has been running a breeding herd of up to 300 cows selling into the local weaner markets. The property is supported by adequate water, accommodation and infrastructure to allow for passive investment with "Turnkey" management solutions available. Alternatively, there is significant scope for further development coupled with biodiversity credit potential.

For further information please contact the listing agents for further discussion.

Oxley Capital Partners
Ben Craw - 0417 230 482
Nic Clancy - 0409 373 320

McCulloch Agencies
Michael Corcoran - 0417 657 589
Daniel McCulloch - 0429 613 332

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Property History for 638 Kempton Rd, Tingha, NSW 2369

A timeline of how this property has performed in the market
Last Sold
$4,500,000
02 Mar 2022
Listed for Rent
27 Nov 2023
  • 03 Nov 2023
    Listed for Rent $250 / week
  • 24 Jul 2023
    Listed for Sale EOI Closes Thursday 31st August at 5pm
  • 02 Mar 2022
    Sold for $4,500,000
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About Tingha 2369

The size of Tingha is approximately 270.7 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Tingha in 2011 was 1,174 people. By 2016 the population was 816 showing a population decline of 30.5% in the area during that time. The predominant age group in Tingha is 10-19 years. Households in Tingha are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tingha work in a labourer occupation. In 2011, 72% of the homes in Tingha were owner-occupied compared with 74.6% in 2016.

Tingha has 529 properties. Over the last 5 years, Houses in Tingha have seen a 255.77% increase in median value. As at 30 November 2024:

  • The median value for Houses in Tingha is $187,837 while the median value for Units is $361,890.
There are currently 3 properties listed for sale, and no properties listed for rent in Tingha on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Tingha.

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