[PRESS RELEASE] Retirement opens the door to major investment opportunities in the Canberra wine region
Announcement posted by Writers Who 18 Oct 2023
As land and zoning options tighten in regional New South Wales, an opportunity for a prime development has presented itself in Murrumbateman.
After more than fifty years of living at Avon, the vendors have decided to list the property as they transition into retirement.
The property is more than just a farm, it has emerged as a rare investment opportunity with subdivision potential. Spanning 517 acres, this Merino sheep enterprise offers a distinctive prospect for investors seeking both a slice of rural serenity and the potential for substantial returns.
Positioned strategically within 40mins* drive from Canberra, Avon is an investment opportunity not to be missed, according to selling agent George Southwell.
"This property is located at the heart of the renowned Canberra wine region, showcasing a picturesque blend of arable land and exciting subdivision possibilities," he said.
"Avon not only enjoys a prime location, it borders the award-winning Four Winds Vineyard and is right on the Murrumbateman wine trail.
"By purchasing Avon, investors can tap into the thriving tourism market, consider development options, or simply enjoy a rural lifestyle in one of the prettiest parts of the state. The property's flexibility and potential offer an array of benefits for investors with different objectives and strategies."
With thirteen fenced paddocks encompassing nearly 520 acres of rich soil and ample water storage, this property appeals to experienced farmers, families, and investors.
"The potential for subdivision into seven blocks underscores the property's investment significance, opening doors to a range of development opportunities, making it a wise choice for those aiming to capitalise on the buoyant regional real estate market," George said.
The property also has an existing five-bedroom home on it, which is ready to move into or renovate for a more modern feel.
Avon is a truly unique investment, offering not only a chance for a rural lifestyle change but also a gateway to promising investment returns.