$960,000Lot 2 Broderick Road
Lot 2 Broderick Road Midgenoo QLD 4854
Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 65.3744ha
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Agricultural land suitable for cane farming or cattle
Agricultural land suitable for cane farming or cattle ranching on Broderick Road, Midgenoo. This expansive property, situated just a 5km drive from Tully, encompasses 65.3744 hectares (161.5 acres) across three connected parcels of land, featuring the upcoming 2024 cane harvest. The property boasts two natural creeks within its bounds, offering a serene and resourceful environment for farming or ranching. Historically utilized for cattle before transitioning to cane farming, this land offers flexibility for future use, including a potential shift back to cattle ranching if so desired.
Details of the property include:
- A significant portion of the land, approximately 59.4 hectares (146.7 acres), is currently dedicated to cane farming, with the remainder lying fallow.
- The sale includes the 2024 cane crop, covering about 5.16 hectares (12.7 acres) of plant cane, already fertilized at the seller's expense.
- Historical farm productivity reports spanning five years are available for prospective buyers.
- The property is crisscrossed by two creeks, including the primary Moongera Creek, known for its sandy bottom, and the smaller Djarawong Creek, characterized by its water holes.
- Though currently not connected, the property is adjacent to power lines, with a town water supply in close proximity.
- Its location at the intersection of Broderick Road and Bruce Highway provides easy access to and from Tully.
Offered at $960,000 for agricultural purposes, additional GST costs will apply for buyers without an ABN. For a personal tour or more information, please reach out to Kevin Newton at Newton Property Group.
Property Code: 10
Property Details for Lot 2 Broderick Rd, Midgenoo
Building Type
Rural
Land Size
65.3744ha
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About Midgenoo 4854
The size of Midgenoo is approximately 7.5 square kilometres. The population of Midgenoo in 2011 was 362 people. By 2016 the population was 42 showing a population decline of 88.4% in the area during that time. The predominant age group in Midgenoo is 50-59 years. Households in Midgenoo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Midgenoo work in a labourer occupation. In 2011, 83.1% of the homes in Midgenoo were owner-occupied compared with 105% in 2016..
Midgenoo has 62 properties. Over the last 5 years, Houses in Midgenoo have seen a 108.35% increase in median value. As at 30 September 2024:
- The median value for Houses in Midgenoo is $384,004.
There are currently 5 properties listed for sale, and no properties listed for rent in Midgenoo on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Midgenoo.
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