FOR SALE
Expressions of Interest (EOI) Closing 31.10.24

Contact Agent For Address
Mount Garnet QLD 4872

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Land area: 44000ha
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Unprecedented Large Scale Cropping & Cattle Backgrounding Operation

Ray White in conjunction with LAWD are pleased to present for sale St Ronans, an institutional scale irrigated and dryland cropping and cattle backgrounding operation, situated in the well-regarded Tablelands region of Queensland.
KEY INVESTMENT HIGHLIGHTS INCLUDE:
• An institutional scale cropping and cattle backgrounding operation comprising a total land area of 44,000* hectares.
• Extensively developed with 190* hectares considered vacant plantable land, 325* hectares developed to irrigated cropping (centre pivot and flood), 1,755* hectares of dryland cropping, 2,088* hectares in varying stages of development with the balance considered grazing / support.
• Currently utilised for the production of high yielding crops including cotton, sorghum and corn, as well as for breeding and growing cattle on an agistment basis.
• Secure water is sourced from multiple bores equipped with solar powered submersible pumps, which reticulate to numerous header tanks and livestock troughs. Additional water is also available from various catchment dams, springs, swamps and permanent waterholes in the spring fed Mero Creek and Lynd River.
• There are six unregulated high pressure irrigation bores (potential capacity to extract 10,000* megalitres per annum) as well as an 886* megalitre storage dam and a 250* megalitre surge which is utilised for irrigation purposes and can be developed for cash cropping or permanent plantings.
• Significant capital expenditure program includes the development of infrastructure, upgrading of fencing / laneways and soil amelioration, greatly enhancing productivity.
• Benefitted by productive land types, an excellent climate and reliable rainfall (average annual rainfall of 793* millimetres).
• Multi-enterprise opportunity suited to a broad spectrum of agricultural pursuits including intensive cropping, horticulture and grazing.
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Property Details for Contact Agent For Address, Mount Garnet

Building Type
Rural
Land Size
44000ha

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About Mount Garnet 4872

The size of Mount Garnet is approximately 503.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Mount Garnet in 2011 was 436 people. By 2016 the population was 419 showing a population decline of 3.9% in the area during that time. The predominant age group in Mount Garnet is 60-69 years. Households in Mount Garnet are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Mount Garnet work in a labourer occupation. In 2011, 52.7% of the homes in Mount Garnet were owner-occupied compared with 53.4% in 2016.

Mount Garnet has 346 properties. Over the last 5 years, Houses in Mount Garnet have seen a 39.58% increase in median value, while Units have seen a 215.61% increase. As at 31 October 2024:

  • The median value for Houses in Mount Garnet is $215,932 while the median value for Units is $119,631.
  • Houses have a median rent of $225.
There are currently 9 properties listed for sale, and no properties listed for rent in Mount garnet on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Mount garnet.

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Contact agent
Liam Kirkwood
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Ray White Geaney/Kirkwood
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.