441 Folley Lane Wards Mistake NSW 2350

"Rileta Park" is 185ha of unique high-altitude, high rainfall country located 37kms E of Guyra, on the Eastern Fall. Having great options: Fossick gems, mill timber, grow fine wool, grow an orchard or roses, manage a rare breed, background weaners.
This architectural 2-storey Tudor home of double brick and tile roof was built in 1989. Its features include:
> 3 entertainment areas around the galley kitchen, with WI Pantry, dishwasher, timber benches.
> 3-bedrooms, 3-bathrooms, Dressing Room, WI robe.
> steep gables; cedar windows and doors; turret with weathervane (witch on a broomstick!).
> single garage with access through the Office/ 4th bedroom.
The large garden features cold-climate trees and shrubs including Dogwood, Tulip, Star Magnolia, Claret Ash, evergreen Magnolias, Conifers, Rhododendrons, Camelias, Azaleas and Roses plus Apple and Peach trees. Two garden sheds. Chook shed. The large shed has a workshop (water, power, lighting, sink, wood heater, benches plus a 2-stand woolshed). This shed catches 12,000gals of rainwater for the house. A submersible pump fills a 5000gal tank from the bore.
> Basic steel cattle yards, ramp and bail, and basic sheep yard, race and ramp.
> Seven paddocks (three arable - est.15ha). Potential to clear another 10-15ha of regrowth.
> Four spring-fed dams. Oban River is permanent supply, with a 22ML irrigation licence (never used in 40 years).
> Old gold workings in Crown Land on East bank of the river (Lot 7002 - approx. 16ha), - leased under Permissive Occupancy for approx. $550pa rent, to allow grazing and water access.
In 2020 approx. 8ha of Lot 7002 came under Aboriginal Land Claim - as yet unassessed by Audit Office (NSW), likely in 25-100 years. The claim is expected to fail due to Permissive Occupancy lease, no public access and at the end of a farm track. On balance, buying this Land Claim will transfer title from the Crown to Freehold.
This is a rare opportunity to secure a very unique property that experiences 4 true seasons each year, less than 1 hr from Armidale and 1.5hrs from Coffs Harbour. Annual rates = $2,650pa.
Contact Jake Williams (Agent's interest) to obtain a contract, on M. 0476 688 750.

Council Rates

2600 per annum