169 Talga Road, LOVEDALE NSW 2325

Expression of Interest
Property Details

169 Talga Road, LOVEDALE NSW 2325

Expression of Interest
Description

LOCATION - VIEWS - TRANQUILITY

House - LOVEDALE NSW

Often sought and rarely found!!!! This amazing, outstanding, quality property offers you a terrific yearly return on investment, with the ability to also enjoy a wonderful rural lifestyle.
Located in the highly sought after suburb of Lovedale we present to you 169 Talga Rd, Lovedale (Blackwattle Retreats).
Seated on 28 acres of undulating fenced land, enjoy awe inspiring views through vineyards and rural hamlet’s up to the escarpment of our famous Broken Back Mountain range.
With 3 beautiful dwellings currently on the property it present’s, a wonderful opportunity to live in one of the Hunter’s most beautiful locations whilst running a profitable tourist accommodation business.

The two bedroom residence has been tastefully renovated and offers a modern
and comfortable open plan design taking full advantage of the views. The owner has architect plans (Council approval
due early 2020) to extend the residence by converting and connecting the adjacent shed to additional bedrooms and living areas.
Featuring a soft color pallet, and a warm comfortable ambiance, you can feel yourself just relax as soon as you enter this home.
The kitchen; sleek and contemporary offers storage, loads of bench space and modern appliances – gas cook top/ oven and dishwasher.
To the right of the home, enjoy two large bedrooms both with built in wardrobes and fans.
The bathroom, featuring floor to ceiling tiles, modern vanity and shower is located right beside the separate toilet and laundry for easy access to the rear of the home.
Split system A/C is mounted in the living area.

Tracking down the property you will come across 2, very privately situated, Eco-friendly cottages set among olive trees and vineyards.
The first cottage consists of a luxurious fully self contained 1 bedroom unit, with full sized bathroom including bath and the renown views from your bathtub. It includes full kitchen, wood-fire, A/C, and sliding doors opening to your own private balcony where you can sip a wine, watch the kangaroos laze about & enjoy the views.
The 2nd cottage has 2 bedrooms, each with its own en-suite, spacious open plan living areas and sliding doors opening to its own balcony giving you views across the rear of the property and up to the ranges.
Solar panels along with solar hot water are fitted to both cottages.
Apart from the established tourist accommodation income, you have established vines with Verdelho grapes, and a variety of different olive groves, for oil and eating.
The property is drought proof with a fantastic 6 Meg water licence from the PID system.
Underground irrigation has been well set all over the property and waters the vines, olive trees and all the established gardens – Its so simple – just turn on the tap !

All homes are fully equipped with solar and solar hot water, putting electricity back into the grid when not being utilized.

Black Wattle retreat has been voted in the TOP 3 MOST ROMANTIC HUNTER VALLEY TOURIST ACCOMMODATION.
With world renown vineyard’s and restaurant only walking distance away expansion opportunities are truly endless.
Increase tourist letting by a whopping 50% through utilizing the main dwelling, take advantage of the area’s popularity for wedding venues offering potentially the most romantic wedding destination in the valley.

INCOME –
Current income from the property is at $100,000 a year.
Sourcing is only through the 2 cottages constantly let out.

With room to expand both the vineyard and olive utilize the property to its full extent becoming a boutique producer and seller of wine and olive oil.

LOCATION LOCATION
Only mins from the Hunter Expressway, access to Newcastle and Sydney has never been soo simple.
Newcastle a mere 30 min drive and Sydney a neat 2 hours south.
Set in the heart of wine country enjoy the 20 plus vineyards and restaurants only mins away’s.
For those looking to stay local, Singleton is easily 30 mins North and Maitland now only a 20 min commute.

Council rates – $2901 per yr.
Water Licence – $2240 per yr.

THIS IS A MUST TO INSPECT, CALL US TODAY BEFORE ITS TOOL LATE –

CATHY CATTELL – 0414 697 424
TOM WOODS – 0455 179 412

Property Features