This article is from the Australian Property Journal archive
WINGARRA, a 910.31-hectare property set in the Bylong Valley west of Sydney, has hit the market and is expected to draw interest from investors and pastoralists.
The highly developed drought-proof farm at 7245 Bylong Valley Way, around 90km east destination of Mudgee and 290km north-west of Sydney, was formerly a renowned thoroughbred breeding depot and still includes a working sandstone stable complex.
Col Medway and Daniel McCulloch from LAWD are managing the sale of the property via an expressions of interest campaign, on behalf of the vendors Tim Woods and Jeannine Biviano.
“This property is a hidden gem, set in soft country with amazing bird and insect life – only three and half hours to Sydney over the Blue Mountains, or two hours to Newcastle and then an easy drive down the M1,” said Biviano, a former Telstra Business Woman of the Year.
Sitting on the western side of the valley, atop the Growee River, and boasts a 419MLground water entitlement and an average annual rainfall is 606mm.
The vendors expanded expanded land under irrigation to a total 110ha, using travelling irrigators to produce lucerne and other high performance pastures including Phalaris and Premier Digit Grass, ensuring year-round forage for livestock.
With livestock currently including 1,000 Suffolk ewes in a self-replacing flock producing trade and export lambs, alongside 260 Angus breeders in a winter calving operation, with all heifers retained until they are classed at preg testing.
“The Bylong Valley is an iconic geological formation on the eastern side of the Great Dividing Range. The sandstone rim has eroded into the valley over time to produce a magnificent fertile, free-draining alluvial sandy loam that is several metres deep in parts of ‘Wingarra’ and is highly mineralised,” said Woods.
“The mixed pasture sward has the ability to sustain stock and respond quickly to rainfall events regardless of timing, which has allowed us to increase the property’s carrying capacity.”
The property also includes two sets of cattle yards, a two-stand shearing shed with covered sheep yards, hay sheds, machinery sheds, workshop and silos.
Additionally, Wingarra features three-bedroom sandstone home as well as two, two-bedroom houses with restored 1865 sandstone stables and a second set of fully functioning besa brick stables built in the 1950s.
“This property is exceptionally well improved and lends itself to a variety of enterprises in a remarkable location. Everything is complete, so the new buyer will walk into an unbelievable opportunity,” said Medway.
Records show the property last sold in January 2017 for $4,500,000.
The expressions of interest campaign for Wingarra is scheduled to close on 16 May 2024.
