Farmland Investment Cootamundra 340 Kilrush Road

Land Size: 2278.73 Acre approx.

Rare Opportunity To Secure A Production Powerhouse In South West Slopes Sweet Spot

Miller and James Real Estate is pleased to present ‘Bindinyah’, a blue ribbon property in the Cootamundra Shire.

Size – Approx 2,279 acres (922 ha)

Location – Approx 5 km east of Cootamundra on the Kilrush Rd, 380km south west of Sydney and 160km north west of Canberra.

The Asset – 2,279 acres of beautiful red basalt soils, of which approx 90% is arable with the remainder producing high quailty pastures.’Bindinyah’ has an impressive history of high DSE carrying rates with a large proportion of the property sown down to highly productive perennial grasses and legumes. Subdivided into 46 paddocks, and with a fail-safe water delivery system, ‘Bindinyah’ is arguably, pound for pound, one of the best properties in the Cootamundra Shire.

Farm Size And Potential Breakup:

– Bindinyah – 1,727.21 acres
– Braeside – 174.95 acres
– Beracha – 101.81 acres
– Boomi Park – 100.08 acres
– Belevedere – 174.95 acre

The property is for sale as a whole, but there is also an opportunity to purchase one or all of the smaller properties listed above. The sale of any individual portion would be inter-dependant on the successful sale of the rest of the property.

Water – ‘Bindinyah’ has access to water through a permanent bore, and three Goldenfields Water connections. Both systems are able to be used across the entire property and are interconnected giving the ability to use one or the other or a mix of both. Water is pumped to a 90,000 litre concrete tank on the highest point of the property before reticulating to tanks across the property, and from there to troughs in every paddock. The system is designed to be fail-safe so if the bore water stops running for whatever reason, the town water immediately begins to flow. This flow continues automatically until the bore water resumes.

Rainfall – 650 mm average annual rainfall

Homestead – The ‘Bindinyah’ homestead was built in 1911. Constructed with double brick walls and high ceilings, the house faces north and is set in a garden consisting mainly of established trees and lawn. A well maintained clay tennis court is set on the western side of the garden. The kitchen and main bathroom were recently renovated. The homestead is currently unoccupied.

A second house on the property provides accommodation for a workman or could be rented out.

Shed Infrastructure:

-20m x 8m machinery/storage shed
-25m x 7m machinery shed
-24m x 8m storage/machinery shed
-6 x 50 tonne self emptying grain silos
-10m x 9m hay shed/machinery shed
-Plumbed chemical shed
-15m x 8m machinery shed (Beracha)
-9m x 5m machinery shed (Beracha)

Livestock Infrastructure:

– All steel cattle yards (700 head capacity using holding yards)
– All steel sheep yards (3,000 head capacity using holding yards and laneway)
– 3 stand equipped shearing shed (400 head undercover capacity)

2020 cropping program – 215 hectares of ‘Bindinyah’ has recently been planted to 45Y91 CL canola. The crop was sown into beautiful moisture after very good recent rainfall events. The crop is available to be purchased with the property if required. Alternatively, if desired, settlement could occur after harvest and the crop would be harvested by the vendor.

Sales Process and Further Information – ‘Bindinyah is for sale by a two stage Expression of Interest process. During stage 1, potential purchasers will inspect the property and conduct due-diligence and have until 11.00am Tuesday 2nd June 2020 to register an interest in making a non-binding offer on a portion of, or, the entire property. Stage 2 will be a period of price discovery and negotiation between the vendor and potential purchasers resulting in the vendor accepting a fully binding offer.

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