With an enviable location on Cobdens Road in the Euberta district, 19km west of Wagga Wagga, Rathmount offers the market cropping and grazing production options.
Land Area
There are four titles comprising 312.24 hectares or 771.6 acres in the Wagga Wagga City Council area. The property is to be sold as a whole.
Climate, Rainfall & Water
Rathmount enjoys a mild Mediterranean climate, with warm to hot summers and cool to cold winters, with winter dominant rainfall. The district annual average rainfall is 540mm*.
Water is secured by a licensed stock and domestic bore that supplies the garden and a tank that gravity feeds to stock troughs, plus there are 5 dams. Rainwater is stored in 3 tanks, 2 for the home and the other for spraying.
Land, Soils & Timber
Flat to gently undulating land with predominantly red loam with some red granite and red sandy loam soils, rated 90% arable. The parcel is timbered with Yellow and Grey Box and Pine.
Fencing
The fencing ranges from as new hinge joint and barb on steel posts to older hingejoint and netting on steel posts. There are eight main paddocks with smaller holding paddocks around the infrastructure.
Production
Rathmont has been run as a sheep wool and grazing operation during the vendors tenure growing oats for fodder production. There is 160 acres of established Lucerne, 130 acres fallow with the balance in pasture. Historically the vendor has run 300 merino ewes joined to merinos for wool production and traded cross bred lambs turning off on average 2,900 lambs per annum. The vendor is currently running 650 merino and crossbred lambs.
Working Improvements
Farming infrastructure includes three steel framed machinery sheds, a 2 stand woolshed (unequipped) and steel sheep yards. For grain storage there are two 40t self emptying silos and one 32 tonne flat bottom silo. Some farm plant and equipment is included in the sale.
Residence
The Rathmont homestead is rendered mud brick, has four bedrooms, one bathroom, a north facing kitchen with gas cooking, living room with slow combustion heating and reverse cycle airconditioning. The home has are cypress pine floor boards and 15' cypress pine ceilings. There is a cement verandah on three sides and on the western side is an enclosed verandah. Adjacent to the home is a two vehicle garage.
Rathmont presents buyers a unique opportunity in the Wagga district with its enviable location, size and improvements. The vendor grants access for agricultural purposes 6 days post exchange of contracts. Rathmount is for genuine sale and our vendor welcomes bidding and competition.
SOLD UNDER THE HAMMER FOR $1,910,000
*Approximately
Property ID: #LWG2525
