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$8.7M
$1,689,400
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Try Picki for FREEConfidence
High
High
$1,320,000
Medium
$1,200,000
Low
$1,080,000
Confidence
Medium
Glendon is a thriving commercial egg laying farm in the Bective area of North West NSW, covering 171.9 hectares. It's ideally situated just 18km from Tamworth and near major transport hubs. The farm is equipped with advanced automated bird sheds currently housing 106,000 birds and has approval for expansion to 162,000. A productive on-site feed mill complements the highly functional infrastructure. The property also has a substantial six-bedroom home and is surrounded by fertile farming and grazing land. With significant water storage capacities and a water sharing agreement, Glendon offers a turnkey farming operation with supporting propositions from the vendor for a seamless transition. Viewing is by appointment only.
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73.1%
$240K
9.8%
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Try Picki for FREE$50,000
-$24,022
3.6%
Asking Price
-
Estimated Purchase Price
$1,150,000
Stamp Duty
$46,485
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$115,000
Reg. Mortgage
$164
LMI Premium
$32,497
Renovation Costs
-
Total Cash/Equity Required
$196,341
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,027
$1,340
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$33,993
$48,904
Interest Repayments
$68,310
$68,310
Net Cashflow Before Tax
-$34,317
-$19,406
Depreciation
-
-
Tax Offset
-$10,295
-$5,822
Net Cashflow After Tax
-$24,022
-$13,584
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,035,000
$1,035,000
$246,600
$1,281,828
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 55.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
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Average Rental Yield
No data available
Average Days of Supply
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Average Population
Sold Price
Asking Price
