UNDER INSTRUCTIONS TO SELL AT AUCTION

“NEWSTEAD” – APPROX 935 HA (2310 ACRES) FREEHOLD

* Outstanding location, with north easterly aspect and magnificent views over the tightly held Tarana Valley, only 15km from Oberon, 10km from the historic village of Tarana, 35km from Bathurst and a comfortable 2 1/2 hour drive to Sydney.

* The country is best described as gently undulating with good shade and shelter timber remaining, consisting of Box, Apple Box, Peppermint and other native eucalypts, creating an aesthetically pleasing park like appearance, running to a steeper densely timbered hill area of approx 200ha on the south western boundary.

* Water is a feature with “Sidmouth Valley Creek” running through the property and approx 25 dams strategically located throughout, together with a well that reticulates to troughs in numerous holding paddocks and the cattle yards.

* The soils are typical of the area and primarily consist of quality productive light Bathurst granites with some smaller areas of basalt, there is also approx 75 acres of alluvial creek flats.

* The property has productive improved pastures consisting of Phalaris, Cocksfoot, Ryegrass and Clovers together with annual fodder cropping programs usually around 40ha to supplement the cattle enterprise.

* “Newstead” is subdivided into approx 25 paddocks. The fencing is generally hinge joint type construction and presents in good to excellent condition with large portions of the boundary replaced in recent years.

* The main homestead is approx 100 years old, constructed primarily of brick walls and corrugated iron roof, with some weatherboard and asbestos clad enclosed verandahs. The home has 5 bedrooms, combined kitchen, dining, lounge, sitting, bathroom and laundry. There is also a single detached garage.

* Other structual improvements include: a workers cottage in need of repair, an excellent large steel franed and clad hayshed approx 630sqm in size and fully enclosed with the exception of 1 open access bay. Two 30 tonne flat bottom silos.

*”Newstead” boasts an excellent set of all steel (railway line posts and ‘cattle rail’ rails) cattle yards, with covered race, crush and loading ramp, more than capable of handling the outstanding quality Angus breeding herd comprising approx 300 cows, their progeny and approx 60 heifer replacements currently running on the property.

The sale of “Newstead” offers the astute investor a wonderful opportunity to acquire a large scale viable quality cattle breeding property that enjoys an excellent reputation and an enviable location, properties of this type rarely become available.

Contact Agents for full details:-

Mike Clifton 0429 637 540
Pat Bird 0438 361 109