Trophy Asset | Beef Cattle - Hay & Fodder - Commercial Income

Davidson Cameron & Co in conjunction with Burke & Smyth Commercial are pleased to present the historic "Dungowan Station" Est 1834.One of the most prestigious and unique properties within the Tamworth region.

AREA: 1,612 hectares (4030 acres)

LOCATION: 33km East of the regional powerhouse inland city of Tamworth

HOMESTEAD: Built in 1903 the double brick 61sq homestead is at the centre of this showpiece property featuring 4 bedrooms, 2 offices, 2 bathrooms, centralised kitchen servicing multiple living areas-both formal and informal, open fire places, ducted reverse cycle air conditioning, 3.4mtr (11ft) ceilings, 1.8mtr wide hallways and extra wide wrap around veranda's overlooking the landscaped grounds and stunning vistas in all directions.

GROUNDS & GARDENS: The wow factor entry statement and plain tree lined driveway meandering to a stunning garden design with well placed shade areas and water features giving ultimate privacy whilst all easily maintained with automated underground watering system and overlooking the Dungowan Creek.

WATER & IRRIGATION: Dungowan Station is one of the most secure properties in the valley for water.Outstanding water infrastructure with the permanent and picturesque Dungowan Creek giving the property 2km double frontage. Numerous dams and solar bores reticulated via large holding tanks throughout the property feeding the extensive trough system. There are 2 valuable water licenses: 82 megs of unregulated river and 480 megs of continuing aquifer that run the 3 Otech centre pivots. 3,4 and 6 span centre pivots with end guns covering a total of 36.7 Ha / 90.6 Acres. The main pivot runs on a telemetric system. There is infrastructure and planning for a 4th pivot to increase production.150mm underground mains and underground power all interconnected and powered by 3 phase pumps.

AGRICULTURAL ASPECTS: Very fertile alluvial and highly productive river flats regarded as quality hay producing country. Lucerne, summer & winter cereal crops for fattening or hay production under pivots. Permanent tropical pastures and approximately 355 acres sown to winter oats, Prairie and Fescue with further country ear marked for cultivation for next season. The balance of the county is open valley country set in undulating grazing hills rising to mountain ranges. Quality fencing throughout the property. 2 sets of steel cattle yards at both ends of the property. Current management have a carrying capacity between 320-350 cows. The property would also be an ideal back grounding block. The is a large capacity for hay and grain storage. Numerous machinery sheds and workshops.

COMMERCIAL INCOME: Dungowan Brewery & Cottage. What makes this property unique is the strong income stream from the long, favourable and attractive lease terms of the Dungowan Brewery & function centre (including the 3 bedroom cottage) to CH Group Pty Ltd-one of regional Australia's premier hospitality operators. The 150 seat venue is revered with visitors from all over Australia with strong local and regional following with its setting in the redeveloped picturesque shearing shed that includes liquor licenses, micro brewery, commercial kitchen, cool rooms, full amenities and wrap around veranda dining with superb views from the covered decks. The 3 bedroom restored cottage is also included in the lease for the CH Group staff and management.