254 Punch Street

Reno NSW 2722

This stunningly beautiful parcel of prime agricultural land spans 10.92 hectares (26.984 acres) of which approximately 9 hectares is arable. It is located just 1.5 km from the historic town centre of Gundagai. Nestled at the base of picturesque hills & with a creek meandering through the property, this land is the perfect location for your dream home, holiday farm or weekend getaway, with breath-taking vistas in every direction & Gundagai so near. . . THIS CLOSE PROXIMITY TO THE CHARMING TOWNSHIP HAS A POSITIVE IMPACT ON THE LAND VALUE & POTENTIAL FOR THE FUTURE, & NOT JUST BECAUSE OF THE CONVENIENCE FOR SHOPPING, DINING & SCHOOLING. There is currently a severe shortage of residential accommodation in Gundagai, with the mayor recently calling upon landowners & developers to build more homes on any available land to address the shortage.

In order to protect its rural qualities, the land at present cannot be subdivided, however future spot rezoning for potential subdivision is a huge possibility BUT YOU CAN ERECT TWO HOUSES WITH NO SIZE RESTRICTION ON THE SECOND DWELLING (the DA will be subject to council approval)This provides options such as living in one home & renting out the other one, or even renting out both homes. As for land use, it is suitable for mixed farming on a small scale, as the owners are currently doing. The loamy soil has been fertilized yearly, so it is ideal for growing crops such as lucerne or hay, wheat, sugarcane, pulses & oilseeds. Vegetables such as tomatoes, peppers, green beans, cucumbers, onions & lettuce also grow well in this loamy soil. You could also use the property as an add-on block to fatten up sheep or cattle THE LAND HAS RU1 ZONING & IS FULLY FENCED WITH TWO PADDOCKS & A STOCK LANE-WAY, WITH INTERNAL FENCING. You are purchasing a piece of country culture. This idyllic land has been in the owner's family for over 100 years & in that time the permanent creek (Jones Creek) has never dried up so you can run stock with confidence.