Announcement posted by Writers Who 29 Nov 2021
A farmlet 20 minutes from the Canberra CBD sold yesterday for $550,000 more than the owners anticipated, achieving more than $3m in a town of less than 300 residents.
“Since the Covid-19 pandemic, the work-family-life imbalance has been front of mind for most Australians. Our priorities have firmly shifted to being closer to our loved ones and the untold benefits of working remotely. At the same time, people are more attracted to the dream of having a rural holding and deriving a secondary income,” agent George Southwell said, “This property offered the trifecta.”
“Bundilla” at Springrange sold for $3.05m yesterday with 13 registered bidders vying for the property.
"The weather held up and the crowd came out."
“It’s close enough to head in for meetings in Canberra if required with the added benefit of living and having the space to work against a backdrop of sweeping views and a rural lifestyle.”
“Bundilla” at 40 Johnson Road sits on 9.52 hectares (23.5 acres) with two homes.
“Both homes have enviable and established gardens and both are located indendepently distanced to capture the best of the sweeping valley and rural views,” Mr Southwell said.
“The land is ideal for grazing for a few sheep or cattle, has a bore and machinery sheds and the addition of a quality second home ensures this property has its own earning potential year round.”
The agent George Southwell of Ray White Rural Canberra and Yass can be interviewed on 0429838345.