Withheld
$185,774
"located just 10 minutes south of the CBD, this expansive property sprawls across 717 hectares of prime Gundary Plains land, renowned for its fertile soil and productive farmland. Embracing a diverse enterprise, Pelican Sheep Station encompasses a thriving mix of sheep, cattle, and mixed crops, as well as holidaylet accommodation making it a soughtafter investment opportunity. This 6th generation landholding features a unique natural landscape, with a dry creek bed traversing its rear paddocks, fed by underground springs that replenish several dams scattered across the land, equipped with two operational bores. Presently, the property cultivates 84 hectares of canola, 80 hectares of wheat, and 50 hectares of barley, providing ample grazing and harvest options. Pelican Sheep Station maintains an impressive selfreplacing flock of approximately 4,000 sheep, comprising Merino, First Cross, and Second Cross breeds, yielding 1,500 prime lambs annually. Additionally, the property accommodates apx 120 head of cattle, further diversifying its agricultural portfolio. The main residence, originally built as a restaurant in 1974 and later converted into a home in 2003, offers comfortable living spaces, including four bedrooms, two bathrooms, and a spacious openplan kitchen and dining area. A highlight of the property is the large sunroom and aboveground heated container pool with spa, providing opportunities for relaxation and entertainment. Supplementing the main residence are four selfcontained cabins, a quaint cottage, and The Lodge, featuring eight bedrooms, offering potential for offfarm income generation. Pelican Sheep Station stands as a testament to agricultural excellence, offering a harmonious blend of heritage, productivity, and potential. With its prime location, diverse income streams, and robust infrastructure, this property represents a rare opportunity for discerning investors and agricultural enthusiasts alike. For further details and inquiries regarding Pelican Sheep Station, please contact Steven Westlake 0414 505 858."
Below are some similar properties in the area you may be interested in.
-
74.4%
-
-
-
-
-
-
-
-
Asking Price
-
Estimated Purchase Price
-
Stamp Duty
-
Transfer Fee
-
Conveyancing
-
Deposit (10%)
-
Reg. Mortgage
-
LMI Premium
-
Renovation Costs
-
Total Cash/Equity Required
-
Assumptions
Year 1
Year 10
Rent Received
+- PA
-
-
Property Management
+- PA
-
-
Rates
+- PA
-
-
Water
+- PA
-
-
Insurance
+- PA
-
-
Repairs & Maintenance
+- PA
-
-
Net Operating Income
-
-
Interest Repayments
-
-
Net Cashflow Before Tax
-
-
Depreciation
-
-
Tax Offset
-
-
Net Cashflow After Tax
-
-
Assumptions
Year 1
Year 10
Property Value
-
-
-
Loan Balance
I.O
-
-
-
-
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2016 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 11.0%
Public Administration and Safety - 11.0%
Accommodation and Food Services - 8.0%
Others - 53.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price