SOLD
Sold on 24 May 2024 for $2,200,000

25 Cain Road
Lambells Lagoon NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 578700m2
Save

Property Details for 25 Cain Rd, Lambells Lagoon

Building Type
Unknown
Land Size
578700m2
Local Government
Litchfield
Lot/Plan
Loc 325 Lot 1702/S 98/197

Last Listing description (May 2024)

A great entry level operation into Darwin's flamboyant horticultural industry exists in the highly productive area of Lambells Lagoon.
57.87 Ha (143 Ac) located *50km from Darwin & only *15 km from Humpty Doo on the Arnhem Highway, approximately 2/3 developed into an existing KP mango orchard with room to further expand. Water license and fruit packing infrastructure are key components of this well-developed operation with staff accommodation and all the required machinery to kick start your investment with this year's crop!! Generous power savings are available during the busy time of year with a 30KW solar system installed on the huge packing shed roof. Machinery and implements can be housed out of the harsh NT weather in additional machinery sheds with shipping containers located within to safely lock away tools and spare parts.
The family run operation has provided a stable income for the past 20 years but it's now time for the owners to move on to the next phase of life, the vendors are committed to selling which provides a valuable and generous offering in a tightly held productive area of the NT.

Currently in production
4826 KP mango
235 Nam Doc Mai
58 Keiv Savoy
40 Far Lang

Development & Infrastructure
Room to develop and grow a further 1500-2000 trees, or equivalent.
Water License 248 ML/year
Bore - 20 litre/sec
- 90 mm main lines throughout
- 25 mm irrigation lines to trees
957sqm packing shed, concrete floor, lighting throughout
3 Phase Power
30 KW Solar system installed in 2020
COMPAC grading machine
CTMH grading system
Staff Accommodation to sleep 20 with kitchen and ablution block
Owners residence/secondary accommodation - 2 semi elevated demountables with insulated roofing for living/dining 3 bed, 1 bath and carport
16 x 8m open carport
12 x 17m machinery shed with built in 20" shipping containers
10 x 5.5m partly enclosed shed attached with main residence with cold-room

Machinery
M9540 DHC series Kubota 95 Hp
6420 John Deere 110Hp bucket and fork attachment
165 Massey Furguson 65 Hp
CAT 2500kg forklift
4000L Silvan G2 Airblast sprayer
Silvan Nobili RM8/012 HI body Mulcher
Howard 300 Heavy Duty Slasher
YFM450FA Yamaha Quadbike
3x AGRI engineering Heavy Duty Mango Harvesters
1000L firefighting unit, trailer mounted
2000L multi purpose water tank with Honda pump

Also included in the sale are numerous items (too many to list) of machinery & specific tooling required for the day to day operation of the farm. Please contact the agent for a detailed list and photos.

Property History for 25 Cain Rd, Lambells Lagoon, NT 0822

A timeline of how this property has performed in the market
Last Sold
$2,200,000
24 May 2024
  • 24 May 2024
    Sold for $2,200,000
  • 25 Mar 2024
    Listed for Sale $2,800,000

Commute Calculator

About Lambells Lagoon 0822

The size of Lambells Lagoon is approximately 104.8 square kilometres. It has 3 parks covering nearly 4% of total area. The population of Lambells Lagoon in 2011 was 230 people. By 2016 the population was 338 showing a population growth of 47.0% in the area during that time. The predominant age group in Lambells Lagoon is 40-49 years. Households in Lambells Lagoon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Lambells Lagoon work in a managers occupation. In 2011, 57.2% of the homes in Lambells Lagoon were owner-occupied compared with 77.6% in 2016..

Lambells Lagoon has 164 properties. Over the last 5 years, Houses in Lambells Lagoon have seen a 39.54% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lambells Lagoon is $724,635 while the median value for Units is $251,983.
There are currently no properties listed for sale, and no properties listed for rent in Lambells lagoon on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Lambells lagoon.

Suburb Insights for Lambells Lagoon 0822

Market Insights
Lambells Lagoon Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lambells Lagoon Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
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.