HEADING to online auction in a fortnight, the Cowra property “Glen Echo” stands out thanks to an impressive historic homestead on an attractive parcel of land utilised for both cropping and grazing.
“Glen Echo” has been listed for sale with Chris Meares and Hugh Brownhill, Meares and Associates, Sydney, in conjunction with Andrew Molloy, First National Real Estate, Cowra, for an online auction from November 24 to 26.
Mr Brownhill said, given the property’s location, “Glen Echo” would be likely to draw buyers from Canberra or Sydney seeking a lifestyle option.
Greatly contributing to the property’s lifestyle appeal is the historic (and renovated) double-brick homestead, which dates from about 1896.
Features of the three-bedroom Federation homestead include high ceilings, formal dining, a day room with large windows to maximise sunlight, wood fire, and an outdoor entertaining area.
Mr Brownhill said added to this was the property’s land area a total of just under 51 hectares (about 123 acres) which would give the new owner flexibility to grow crops or cattle.
The owners are Steve Mason and Belinda Green (Miss World in 1972), who have owned the property since 2004.
The farming country is currently leased out, and Mr Brownhill said leasing the land could also be an option for a buyer, particularly given the property has a three bedroom cottage in addition to the main homestead.
The cottage can also serve as guest accommodation.
This season about 40ha was planted to canola.
Possessing obvious lifestyle appeal, “Glen Echo” is also well equipped as a working farm thanks to a 96-megalitre irrigation license, five dams, three main paddocks and good infrastructure in the form of two silos, a set of cattle yards, sheds, stables and horse shelters.
Price expectations at the online auction are from $1.1 to $1.3 million.
“Glen Echo” is about 16 kilometres from Cowra.
Meares and Associates chief executive Chris Meares said “Glen Echo” represented an opportunity to purchase a property with historical background, but with a “homestead which has been renovated for living in the 21st century”.
“‘Glen Echo’ is a choice small farm, in the outstanding and highly sought after Cowra district,” Mr Mears said.
Contact Meares and Associates, (02) 9362 8111; Andrew Molloy, 0427 426 888.