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5506 Castlereagh Highway, Running Stream, NSW 2850

5506 Castlereagh Highway, Running Stream, NSW 2850 For Sale
5506 Castlereagh Highway, Running Stream, NSW 2850 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image 5506 Castlereagh Highway, Running Stream, NSW 2850-Image
Lifestyle
Type
374 ha
Area

Published on Wednesday, July 01, 2026 ( See property details for 5506 Castlereagh Highway, Running Stream, NSW 2850)

$1,600,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Melrose is a historic 924-acre rural estate offering productive grazing land, heritage-listed buildings, and significant development potential in the Central Tablelands.

🏡 Property Highlights

  • Large 924-acre rural holding with six titles offering versatile land use options
  • Historic sandstone homestead with significant restoration potential
  • 500 acres of fertile, cleared grazing land ideal for livestock or land banking
  • Natural bushland providing shelter, privacy, and recreational opportunities
  • Extensive water infrastructure including Jack Halls Creek, 16 dams, and rainwater storage
  • Strategic frontage to Castlereagh Highway and McDonald's Hole Road for accessibility

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Shed
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Open-Plan Living
  • Shed
  • Waterfront / Views
  • Open-Plan Living

Running Stream is a historic rural district renowned for its pastoral heritage and natural beauty. The area offers a peaceful lifestyle with extensive grazing land, bushland, and water features. Its strategic location provides easy access to Mudgee and Sydney, making it ideal for agricultural pursuits or rural living. The community values preservation of its historic character while embracing future growth. Surrounded by scenic landscapes, Running Stream is perfect for those seeking a tranquil yet productive rural environment.

What is the historical significance of the homestead and farm buildings?
The original sandstone homestead and historic farm buildings reflect the region's pastoral history and offer exciting restoration potential to preserve its heritage.
What are the water supply features on the property?
The property includes Jack Halls Creek, 16 dams, and over 20,000L of rainwater storage, ensuring ample water for agricultural and recreational use.
Is the property suitable for livestock or grazing?
Yes, with 500 acres of fertile, cleared grazing land and extensive water infrastructure, it is well-suited for livestock operations.
What are the development or land use restrictions?
The property is zoned RU1 Primary Production, providing flexibility for agricultural, lifestyle, or land banking pursuits, subject to council approval.
What is the condition of the historic buildings and farm structures?
Many of the historic farm buildings are in need of repair, offering an opportunity for restoration and preservation.
Are there any hidden costs associated with restoring the historic buildings or developing the land? Have all necessary planning and development approvals been obtained for any renovations or land use changes? Are there any zoning restrictions or easements that could impact future use of the property? Is there any history of flooding, bushfire risk, or environmental hazards on the land? Are there any ongoing maintenance or repair costs for the water infrastructure and farm buildings? What are the details regarding the adjoining 71-acre property with a modern residence and shedding? Are there any planned developments or infrastructure projects nearby that could affect the property? Is the property connected to mains power and other utilities, and are there any additional costs? Are there any restrictions on subdividing or further development of the land? What are the conditions of the native bushland and are there any conservation covenants?

5506 Castlereagh Highway, Running Stream, NSW 2850 - More Details

$1,600,000

Spanning an impressive 924 acres (374ha) across six titles, "Melrose" presents a rare opportunity to secure a substantial Central Tablelands holding combining productive grazing country, natural bushland and a fascinating glimpse into the region's pastoral history.

Situated on the edge of the historic Running Stream and Round Swamp district, the property carries the hallmarks of one of the area's original grazing holdings. The original sandstone homestead, substantial timber woolshed and collection of traditional farm buildings stand as reminders of a bygone era, offering an exciting opportunity for restoration while preserving an important piece of the district's agricultural heritage.

With 500 acres of cleared grazing country, Jack Halls Creek traversing the property, 16 dams and extensive frontage to both the Castlereagh Highway and McDonald's Hole Road, Melrose provides the scale and flexibility to suit a wide range of agricultural, lifestyle or land banking pursuits.

Whether you're looking to expand an existing enterprise, establish a productive livestock operation or secure a significant rural holding with long-term potential, Melrose offers the rare combination of productive land, historic character and future opportunity.

- 924 acres (374ha) across six separate titles
- 500 acres of cleared country with fertile valley floor and rolling grazing land-
- Balance of native bushland providing shelter, privacy and recreational appeal
- Original sandstone homestead offering exciting restoration potential
- Numerous Historic farm buildings in need of repair
- Jack Halls Creek, 16 dams plus over 20,000L rainwater storage
- Power connected, RU1 Primary Production zoning, Mid-Western Regional Council
- Extensive frontage to both Castlereagh Highway and McDonald's Hole Road
- 70km (50 minutes) to Mudgee and just 200km from Sydney
- Adjoining 71 acre property with modern residence and shedding also available

Rich in history, abundant in opportunity and offering exceptional scope for the future, Melrose is a property where the next chapter is waiting to be written.
Type
Lifestyle
Area
374 ha

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