Buying or selling rural property
We also have over extensive experience with rural property sales and purchases. There are many different aspects to consider when purchasing a rural property. There may be GST payable unless the property is being used as a farming business. It is crucial that there is a public road access or a legal right of way over another property and to check for the availability of services such as water, telephone and electricity. It is important to consider what is included in the purchase from the items included in the house and any sheds, farming equipment and livestock. If the property is being used for stock or domestic purposes there may not be a need for a water licence but generally this is required for agricultural purposes and needs to be transferred. Additional searches need to be considered to check for power line easements, contamination, native title claims, noxious weeds and other rural related issues. Consideration also needs to be given to your intended use and whether the zoning permits that. It is also crucial to consider whether there is a dwelling entitlement where you are purchasing vacant rural land.
Contact our expert team
Call us on 02 9987 1399
or 0414 785 071
Office: Suite 4B, Ground Floor, 32-34 Florence Street, Hornsby, NSW 2077
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