696 Old Cooma Road

Googong NSW 2620

A once in a lifetime opportunity to acquire a working farm on 55 acres approx (22.345 ha approx) show casing 360 degree views taking in Googong Town Centre, Googong Dam, Brindabella's Mountains and Black mountain. It is conveniently located within an easy 25 minute drive to Canberra's CBD, 5miutes to Queanbeyan and only a few minutes drive to the new Googong Town Centre. The property is divided into 4 pasture improved paddocks with a nice blend of open pasture with mature tree shelter. Three dams & rain water tanks provides an excellent water supply. Substantial infrastructure includes the main homestead with shed, machinery shed and metal garage.This unique residence has been architecturally designed with a strong Japanese influence focusing on open spaces and natural light. An abundance of accommodation offers formal and informal living areas, central studio, open plan rumpus with the potential to create 2 or 3 bedrooms, sunroom, 2 bathrooms, ensuite and mudroom. Features include high raked ceilings, celestial windows, timber flooring, wood fireplace and air conditioning. The eastern wing has a 2 bedroom flat with family room and kitchen, making this huge residence an ideal offering for the large or extended family.The interior of the property is in need of some tender loving care, the result of an unfortunate tenancy. The main kitchen has been removed which will allow the new owner to build their dream kitchen. The remainder of this huge residence will also require renovating but its unique design and sheer size provides the perfect blank canvas. Why buy someone else's decor when you can add your own flavour.To help pay for this the current owners has negotiated an excellent commercial lease with Optus for the placement of a phone tower on the property. The lease has an annual income of $23,000 +GST per annum (approx). The owner has advised that there is the option to keep this lease in place or sell separately if the new buyer would like the money, which is substantial. Buyers are advised to do their own due diligence on the tower lease in consultation with their solicitor. The large acreage also offers the opportunity for additional commercial ventures subject to council approval.Don't miss this rare opportunity to acquire this huge residence and large acreage perched on the edge of Canberra. Income producing properties like this offering the rural lifestyle you have always wanted to not come up often so book an inspection today.Feature Summary: