A unique and fantastic opportunity presents to purchase 61.91 hectares (152.9 acres) of near-level proven agricultural farming land. Situated 15km south of Casino at Leeville in the spectacular Northern Rivers Region, this incredible income-producing tea tree farm and residence is sure to impress.
?? 41 hectares planted to tea tree in 12 blocks roughly 4 hectares a block with laneways every 200 metres producing high yields year on year for the current owners.
?? The tea tree industry is well known as a clean and low by-product industry with minimal waste in comparison to other farming sectors. Within proximity to the local markets and close to amenities, this outstanding property is sure to appeal.
The size of Leeville is approximately 58.5 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Leeville in 2011 was 280 people. By 2016 the population was 232 showing a population decline of 17.1% in the area during that time. The predominant age group in Leeville is 10-19 years. Households in Leeville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Leeville work in a labourer occupation. In 2011, 75.9% of the homes in Leeville were owner-occupied compared with 84.7% in 2016.
Leeville has 117 properties. Over the last 5 years, Houses in Leeville have seen a 70.66% increase in median value. As at 31 October 2024:
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