Landmark Harcourts Narrabri have listed for sale "Ponderosa" a prime acreage & rural lifestyle development site located just 8km south of Narrabri.
The property is zoned R5 - Large Lot Residential. Under this zoning the minimum lot size to be eligible for a building entitlement is 2ha. Given the size of the property there is potential for up to 30 rural lifestyle allotments to be developed. The Jacks Creek & Gun Club Road areas have seen significant development in recent years, with vacant 2ha building blocks being in high demand and achieving values of between $130,000 to $150,000. If sub-division isn't you're thing, the elevated ridge along the western boundary features uninterrupted views of the Nandewar Ranges and would make an ideal building site with the existing units providing great additional income and arable grazing enabling you to run sheep, cattle & horses.
"Ponderosa" is structurally improved by a substantial residence that has been developed into two separately self contained units, with accommodation comprising:
- Unit 1: Kitchen (stove, oven, floor & wall cupboards, bench and sink), bathroom (shower, vanity), two bedrooms (carpet & built-ins), lounge & dining room (carpet floor), formal entrance, laundry & toilet.
- Unit 2: Kitchen (stove, oven, floor & wall cupboards, bench and sink), bathroom (shower, vanity), two bedrooms (carpet & built-ins), lounge & dining room (carpet floor), formal entrance, laundry & toilet, separate outdoor area.
- Communal Areas: Enclosed verandah, lounge & dining room (wood heater, ceiling fans, evaporative a/c)
- Significant ancillaries: Outdoor toilet, clothes hoist, storage shed, fenced house yard, quad shelter, evaporative a/c, split system a/c.
Additional improvements include a detached double garage (4m x 8m), 2 stand woolshed, 2 x dog pens, Timber cattle yards and numerous storage sheds.
Also being offered for sale with the property is a 28ML Southern Recharge Ground Water Licence
The property is watered by a stock & domestic bore located at the house which is equipped with an electric submersible pump. The property is also improved with an irrigation bore (currently unequipped). Additional water is also sourced from two earth dams.
Topography throughout is gently undulating with original vegetation comprising belah, box & pine on red sandy soils. Majority of the property has been cleared and is arable.
Located only 8km from the Narrabri CBD, "Ponderosa" offers substantial sub-division potential, multiple income streams from grazing & dual occupancy home as well as numerous panoramic building sites.
Property ID: #LHN3623
