LAWD is pleased to present for sale Richmond Grove (the Property), a highly acclaimed equine facility located at Sandy Hollow in the prized Hunter Valley region of New South Wales, one of Australia’s premier thoroughbred breeding regions.

Richmond Grove presents a turnkey large-scale equine property, superbly appointed with quality improvements combined with unique natural resources of underutilised water entitlements, fertile soils and highly arable topography providing further development opportunities.

Key investment highlights include:

Scale & Topography
Topography across the Property is slightly undulating throughout, rising onto two ridges along the southern boundary. The northern boundary is formed by 8.1* kilometre frontage to the Goulburn River frontage providing a favourable northern aspect. The Property ranges in elevation from 120* metres Above Mean Sea Level (AMSL) to 193* metres AMSL.

Soils and Pastures
Soils comprise a combination of predominately solodics which become heavier towards the northern river flats, as well as Red-Brown Earths and Earth Sands associated with the timbered higher southern slopes. These arable soils are ideally suited to a range of fodder crops and perennial temperate and sub-tropical pastures and lucerne.

Water
Water resources are a feature with the Property enjoying 8.1* kilometres of single frontage to the Goulburn River, 3,424* megalitres Lower Goulburn River and Wybong Creek water entitlements that are largely underutilised providing extensive scope to increase the irrigated area to a range of pastures and crops. A stock and domestic bore supplies and extensive reticulated water scheme providing trough water to all paddocks, stables and yards. The Property benefits from a reliable annual average rainfall of 737.2*
millimetres.

Fencing
Fencing throughout the Property consists predominantly of agricultural and equine fencing types.

The agricultural fencing generally comprises timber end-assemblies, with steel line posts and a combination of ring lock and plain wires and barbed wires. The southern fence between the grazing land and remanent vegetation land incorporates a 1.8* metre netting exclusion fence, with steel end-assemblies, steel posts and a 30-millimetre bottom apron with two top wires.

The equine fencing comprises a mixture of steel and timber posts, with three steel or timber cap rails, with mesh wiring also utilised to parts, plus electric and plain wires to various sections.

Operational infrastructure
Providing a substantial-high-quality platform providing a turnkey opportunity with development upside. There is a mix of infrastructure, including a functioning equine hospital, extensive stable complex, horse walker, foaling yards and large network of day yards and paddocks of varying sizes.

The accompanying cattle enterprise is supported by a large set of steel cattle yards with curved race, vet crush and loading ramp, with adjoining timber yards with water laid on, proving the capacity to handle in excess of 500 cattle.

Additional infrastructure includes new 1,200* square metre hay shed, additional hay shed, workshop, machinery sheds, helicopter pad and shed, feed crush shed and farm office.

Accommodation
Multiple accommodation options for staff plus include the manager’s house, and a further seven homes and cottages plus the four-bedroom brick veneer homestead set in established grounds including an inground pool and tennis court. A special elevated homestead site has been created with commanding views over the Property and is primed for a bespoke homestead complex to be created and enjoyed.

Location
Conveniently located eight* kilometres from Sandy Hollow, 26* kilometres west of Muswellbrook, 151* kilometres from Newcastle and 282* kilometres from Sydney CBD, or a convenient 40*-minute helicopter flight from Sydney.

FOR SALE BY EXPRESSION OF INTEREST CLOSING AT 12PM (AEDT) THURSDAY 21 MARCH 2024

*Approximately