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The better big bank

Rare opportunity to snap up spectacular riverfront property, 30 minutes from Canberra’s CBD

By Amy McPhillips 14 November 2018 0

Country living with city benefits – 1173 Wallaroo Road ticks all the right boxes. Photos: Supplied.

Riverfront properties along the Murrumbidgee River don’t come up for sale very often, especially those in nearby locales like Wallaroo and Hall. With stunning river views, rural tranquillity and an easy commute to Canberra, it’s not hard to see why many owners are reluctant to sell.

1173 Wallaroo Road in Wallaroo is one such property. But it isn’t just river frontage and a country lifestyle that make it unique. The beautifully-presented 40-acre property, which goes to auction on Wednesday 21 November, also features 900 mature hazelnut trees, bed and breakfast accommodation, and a north-facing four-bedroom home overlooking the picturesque Murrumbidgee River valley. There’s even a small football field with a goal post, and a few dams stacked with yabbies.

Ray White Canberra’s Mark Johnstone says the property has attracted interest from a range of potential buyers – and that’s no surprise.

“It’s rare that properties come up on the riverfront so close to Canberra, so this one is a real treat. We’ve had good numbers through with several buyers showing great interest,” he says.

Aerial shot of the property reveals plenty of space and close proximity to the river.

“Firstly, there are the lifestyle buyers – people looking to make a tree change from Canberra, but who don’t want to move too far out.

“It also has plenty of appeal for anyone who enjoys having river frontage for canoeing, fishing, platypus spotting and swimming, as well as those who just like peace and quiet and gazing across the river.

“People who like horses will appreciate the interesting rides and topography around the place, especially in the hills. Those who need space for large sheds – like car enthusiasts or people with other hobbies – would also be well catered for.”

If you’ve ever dreamed of throwing it all in and becoming a hazelnut farmer, here’s your chance.

Mark says the property also offers income-earning opportunities through the fully-irrigated hazelnut trees, which aren’t commercially harvested at present, and the self-contained and segregated bed and breakfast. The current owners operate Riverview Homestead on the property, which generates about $45,000 annually.

One of the property’s four bedrooms.

The home itself is a four-bedroom, four-bathroom homestead set in established gardens. And by all accounts, it’s just as lovely as its surrounds. Its country aesthetic is complemented by modern touches including an updated kitchen and ensuite, cosy woodfire in the sunken lounge room, and sealed road frontage along a sealed driveway.

The country kitchen has been recently renovated to a high standard.

In these drier times, prospective buyers will also be pleased to know that 1173 Wallaroo Road comes with a plentiful water supply. Riparian water rights from the river provide water for stock and domestic use, and there’s a four megalitre irrigation licence.

Mark says that his favourite features of this listing are the river outlook and easy access to Canberra.

“It’s an easy commute to Canberra, but it really does feel like you’re a thousand miles away.”

If you buy this property, this could soon be your nearest neighbour.

1173 Wallaroo Road will be auctioned on Wednesday 21 November. For more information, contact Mark Johnstone at Ray White Canberra on 0414 382 093 to arrange an inspection or click here.


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