The tidy sum of $240,000 was passed onto The Salvation Army on Friday, to be distributed to farming families in need across the region.

The property sold for $560,000 last Saturday, and now that all the invoices have been ticked off, the proceeds can be delivered.

"We had many local trades and suppliers who were able to either donate time, provide goods at cost price, or upgrades at no additional charge," Dan Urquhart from G.J. Gardner Homes Tamworth said.

"There was always going to be some expenses related to the project but our goal was to keep these at a minimum.

"We have been able to do this thanks to the support of the major project partners and local trades and suppliers."

The Salvation Army's Captain Brad McIver said the funds will help families in need.

"This could be anything from a revised business plan, to access to financial counselling services, and of course very practical assistance with everything from household bills or property running costs," he said.