As land becomes scarce and zoning options tighten in regional New South Wales, a prime development opportunity has arisen in Murrumbateman. Avon, a property with more than 50 years of history, is now on the market as its owners transition into retirement. But Avon is not just any farm; it represents a unique investment opportunity with great subdivision potential.
Spanning a massive 517 acres, Avon operates as a Merino sheep enterprise. It offers investors not only a taste of rural serenity but also the potential for considerable financial returns. The property is strategically located within a 40-minute drive from Canberra, making it a significant investment opportunity, according to George Southwell, the selling agent.
“Situated at the heart of the famous Canberra wine region, Avon showcases an ideal mix of arable land and exciting subdivision possibilities,” Southwell stated. “It shares borders with the award-winning Four Winds Vineyard and lies directly on the Murrumbateman wine trail.”
By acquiring Avon, investors have the flexibility to tap into the flourishing tourism market, explore development options, or simply indulge in a rural lifestyle in one of New South Wales’ most scenic areas. The property’s versatility provides an array of advantages for investors with diverse goals and strategies.
The land comprises 13 fenced paddocks, nearly 520 acres of fertile soil, and abundant water storage, appealing to a broad range of interested parties, including experienced farmers and families. “The possibility of subdividing the land into seven blocks highlights the property’s investment potential,” added Southwell. “This opens the door to a variety of development opportunities, making Avon a smart choice for those looking to capitalize on the strong regional real estate market.”
The property also features a ready-to-move-in five-bedroom home, which new owners can choose to renovate for a more contemporary feel. In summary, Avon offers a rare chance for both lifestyle change and promising investment returns, making it a truly unique opportunity in the Canberra wine region.