26,000 ACRE GRAZING PROPERTY, LIGHTNING RIDGE, NORTH WEST NSW

LOCATION / AREA

Lightning Ridge near Walgett and Dirranbandi, NSW

PROPERTY TYPE / SIZE

A 25,680 acre (10,392 hectare) grazing property with good infrastructure including income from mining leases and operations

PRICE RANGE

2300000 approx i.e. $90 per acre approximately

PROPERTY INFORMATION

‘Muttabun’ is a large rural landholding ideal for grazing cattle or sheep. It has substantial passive income from mining leases and operations. Other income currently comes from agistment of cattle. There are 8 main paddocks off various sizes.

Cattle	Narran River	artesian bore

LOCATION

• 42 kms North of Lightning Ridge
• 110 kms North of Walgett
• 132 kms South / West of Dirranbandi

Carrying capacity:

• Sheep approximately 7,000 Dry Sheep Equivalent (DSE)
• Cattle approximately 600 (DSE)

Rainfall:

• 410 millimetres / 16 inches per annum

Cattle Yards	Shed/Tanks	Avery/Vines

Water:

• Approximately 162 hectare irrigation high flow license
• 20 ground tanks plus artesian bore
• 5 foot weir on Narran River for abundant domestic water

Fencing;

Predominantly 4 plain and 2 barbed high tensile, plus 24km of hinged joint (ring back) with barb. Also approximately 20km of older fencing. Most of the fencing is relatively new.

Soil Type:

5,500 hectares sandy loom ridges

1,600 hectares gravel ridges

2,500 hectares chocolate / black soil

   800 hectares cane grass lake bed country

Timber:

Mulga, Pine, Gidgee, Ironwood, Coolabah, Silver Leaf Ironbark

Mining Equipment	Conditions Of Entry	Opal Processing

Cattle Yards:

Steel yards with excellent size, flow and capacity

Sheep Yards:

3 sets of sheep yards

Sheds etc:

• Small machinery shed
• 2 car carport
• Woolshed (steel and iron)
• ( 4 stand) with lister motor yards

Shed	Main House	Cotttage

HOUSES / COTTAGES

Main residence:

This a 29 square fibro, 4 bedroom 1950’s farm house with a car shed (garage). It is very liveable and ideal for a family. It has ample water for home and gardens.

Cottage 1:

Located near the main house approximately 17 squares. All conveniences and rural power connected. Excellent water supply.

Cottage 2:

An Australian cottage of 19 squares. Good water supply from artesian bore. Wired for home generator. This is approximately 10 km from the main house.

Mining Leases Operation:

This operation produces income from leased facilities to opal miners. Three bores supply ample water for use in agitator by opal mining clients. Part of the income is tax free being a compensative element. Annual rents are in place for these services. This utilises up to 200 acres of the property and does not affect the grazing operations.

Lush Acres/Dam	Fenced Yards	Carport/Storage

BEST FEATURES

• Excellent income from both grazing and mining operations
• Good infrastructure in place (3 houses, fencing yards etc)
• Ample stock water in all paddocks
• Excellent grazing country
• Ideal for sheep or cattle
• Ample shade for stock
• Houses have satellite TV and radio telephones

ADDITTIONAL INFORMATION

‘Muttabun’ is a very unique property with exceptionally good income. It is an ideal family farm with potential to be a real show piece. This is a rare opportunity to buy a large rural property showing an excellent return on investment.

Contact Details

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