orange grove

ORANGE GROVEN e w E n g l a n d H i g h w a y , T a m w o r t h , N S W , A u s t r a l i a

I N F O R M A T I O N M E M O R A N D U M

INGLIS - BURKE & SMYTH | PAGE 2

LOCALITY

Orange Grove is located in Tamworth. This city proudly proclaims itself as Australia's Country Music Capital. Tamworth is one of the largest regional centres in NSW and is a thriving rural town in one of the most productive regions of the state.

In 2008, the city opened the doors to a $30 million world-class Australian Equine & Livestock Events Centre (AELEC) which houses an indoor arena with seating for 3,100 spectators (expandable to 5,000), as well as stabling for 500 horses, truck parking and camping facilities for over 200 vehicles. The AELEC is the principal performance horse facility in Australia and many locals are predicting that in time, this industry will grow to become a bigger industry than country music.

Orange Grove boasts:• New England Highway frontage, 10 minutes to Tamworth CBD• 6 kms (5 minutes) to Australian Equine Livestock Event Centre (AELEC)• 50 minute flight from Sydney, 5 return flights per day• 1 hour flight from Brisbane, 2 return flights per day• 90 minutes to Scone and the major stud farms

With a population of 57,000 Tamworth services a vast area and provides all industry needs.


LAND HOLDING

120.7ha (298.3 acres) freehold, all arable.


INTRODUCTION

Orange Grove was established in 2002 by the present owners, Steve and Kristina Young. As evident, much planning and thought has gone into the design and building of this stud farm. Quality materials and workmanship are a feature of this stud and Orange Grove presents in first class order.

All roads are gravelled and all material was trucked in. All roads have been well constructed to provide access to all parts of the stud in the wettest of times. Power is underground as is the irrigation mains. The owners can provide a detailed map of all underground services.

www.OrangeGroveThoroughbreds.com.au


MANAGER’S HOUSE

The house consists of a sparrow speck rock face with steel frame and colourbond roof.

4 bedroom or 3 bedroom plus study, 2 bathrooms including ensuite off the master bedroom.

Dining area, sitting room, family/breakfast area and patio. This house is air conditioned.

There is an established orchard and fowl yard.


MANAGER’S HOUSE

The house is set amongst a manicured garden with strategically planted trees.

All roads on Orange Grove have been well constructed using external gravel and shaped for good drainage.


OWNER’S OR GUEST COTTAGE

2 bedroom owner's or guest cottage rock faced block cottage, steel frame and colourbond roof, air conditioned.


HORSE FACILITIES

• 12 box rock faced barn with staff room and breezeway• 2 box quarantine facility and yards• Vet shed - mare and padded foal crush, floodlit steel

yards and teaser yard• Round yard rubber walled• Electric 8 horse walker• Tack / wash bay / feed shed• Subdivided into 22 paddocks of various sizes + day

yards• 10 kms post & rail fencing (netting + electric offset).

Balance, timber posts, droppers, plain wire and electric offset

• Shelters in paddocks are of steel and concrete construction

• Loading ramps

Loading ramps Round yard and horse walker

Round yard and horse walker Tack room/feed shed


HORSE FACILITIES

12 box barn

12 box barn


SPELLING FACILITIES

Paddock shelters

22 paddocks of various sizes plus day yards


SPELLING FACILITIES


SPELLING FACILITIES

Lucerne paddocks

Quarantine area


VET SHED AND TEASER YARDS


TREES

A feature of Orange Grove is the amount of trees (boundary, avenue, shade and screening) that have been planted. Every tree on the property is on a trickle irrigation. A wide variety of trees have been planted from deciduous to natives.

With abundant water available and good quality soils, the trees that have been planted have done particularly well and as time goes on Orange Grove's beauty will be enhanced.


WATER AND IRRIGATION

• Water Access Licence - 366 Units (360 Mgs).

• Bore pump Grundfos SP46- 13/22 kW submersible pump.

• Grundfos Danfoss 22kW variable frequency control unit.

• 1500+ metres of underground mains.

• 72 acres irrigable. There is scope to extend the underground mains to irrigate more country.

• 3 concrete tanks 5000 gallons ea rainwater.

• 2 concrete tanks 26000 gallons ea.

a) 1x rainwater supplies houses

b) 1x bore water for reticulated stock troughs and tree irrigation.

• Stock water pump Grundfos CRE8-60 Hydro Solo E 2.2kW 3ph.

• Goonoo Goonoo Creek frontage.


UTILITIES AREA

2 concrete base silos, surrounded by screen tree plantings

Hay shed, machinery shed and workshop

• Surrounded by screen tree plantings• Steel 3 sided hay shed, 3 bays 6000 bales• Machinery shed, 4 bay & workshop 31 x 9 m• Machinery shed 3 bay• 2 silos-concrete base• Steel cattle yards and crush• Stock handling laneway system


SOILS AND PASTURES

The soil is alluvial floodplain, chocolate/grey loams, some red clay.

With the quality country and abundant water Orange Grove lends itself to increased hay production.


SOILS AND PASTURES


DISCLAIMER

This information Memorandum has been prepared by William Inglis & Son Ltd (ABN 75 000 011 307) and Burke & Smyth Country Pty Ltd (ABN 47 002 222 951) solely for the information of potential investors to assist them in deciding whether they are sufficiently interested in the property offered for sale or lease to proceed with further investigation of the property. The information does not constitute all or any part of an offer or Contract for Sale, and is intended as a guide only.

The information contained in this Sale Memorandum has been prepared in good faith and with due care. Potential investors should take note, however, that the calculations contained in the report are based on figures provided to William Inglis & Son Ltd and Burke & Smyth Country Pty Ltd by outside sources and have not been independently verified by William Inglis & Son Ltd and Burke & Smyth Country Pty Ltd.

Any projections contained in the report therefore represent best estimates only and may be based on assumptions which, while reasonable, may not be correct.

Potential investors should not rely on any material contained in this report as a statement or representation of fact, but should satisfy themselves as to its correctness by such independent investigation as they or their legal or financial adviser sees fit.

No liability for negligence or otherwise is assumed by William Inglis & Son Ltd and Burke & Smyth Country Pty Ltd or the Owner for the material contained in this Sale Memorandum. Any liability on the part of William Inglis & Son Ltd, Burke & Smyth Country Pty Ltd and the owner, their principals, servants or agents for damages for any claim arising out of in connection with the Sale Memorandum, other than liability which is totally excluded by this clause, shall not exceed $1,000.00 whether or not such liability results from or involves negligence.

The Sale Memorandum is provided to the recipient on a confidential basis and is not to be distributed to any other person without the prior written consent of William Inglis & Son Ltd, Burke & Smyth Country Pty Ltd or the owner.

To the extent that any of the above paragraphs may be construed as being in contravention of any law of the state or the commonwealth, such paragraphs shall be read down, or severed or both, as the case may require, and the remaining paragraphs shall continue to have full force and effect.

GST is dependent on the intended use of the property hence it is the recommendation of William Inglis & Son Ltd and Burke & Smyth Country Pty Ltd that the purchaser seek independent advice regarding whether GST may apply to the purchaser's particular circumstances.

ORANGE GROVE WILL BE OFFERED FOR SALE BY PRIVATE TREATY ASKING PRICE $3.5 MILLION

INGLISJamie Inglis - (02) 4655 8736 or 0412 064 442Inglis Rural Property - 1 Young Street | PO Box 477 Randwick NSW 2031 | www.inglisrealestate.com.au

BURKE & SMYTH COUNTRYTerry Burke - (02) 6766 1411 or 0408 667 131Burke & Smyth Country - 261 Peel Street, Tamworth NSW 2340 | www.burkesmyth.com.au

INFORMATION MEMORANDUM

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