5 Mcgrath LaneApplethorpe QLD 4378
Property Details for 5 Mcgrath Lane, Applethorpe
5 Mcgrath Lane, Applethorpe is a 7 bedroom, 4 bathroom House with 17 parking spaces. The property has a land size of 305800m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 7 bedroom House sold in Applethorpe in the last 12 months.
Last Listing description (May 2020)
This 75.5 acre property is situated only 7 minutes to the CBD and has a friendly vibe, being surrounded by similar types of producing properties. Although this farm is not certified Organic, these natural practices ensure harmony with the surroundings.
There are so many options available including self sufficiency, livestock grazing and diversifying into different produce including snow peas, coriander, leeks and asian greens.
This property could be considered as drought resistant as the abundant water has been somewhat maintained through the toughest growing season in living history. You could feasibly adjust your produce to suit current climate conditions as the infrastructure is provided to make those choices.
The beautiful main residence is very comfortable with 4 bedrooms, 2 bathrooms and has been recently improved and modernised. The second dwelling is a neat two bedroom home and the third is a spacious one bedroom cabin with a lovely ambience.
Rental income opportunity with three dwellings in total, with the rental yield on the two smaller houses being approximately $22,000 per annum.
Key points regarding the working lifestyle:
8 Dams, including several enormous dams (registered)
Abundant water for trading
Seasonal Creek
Fenced into numerous paddocks
Huge work/machinery shed
3.6 x 3.6m Cold room
Sell directly to the markets
High profit, low cost operation with labour and nutrients being the two largest costs.
Very little machinery required meaning low cost risk
Good grazing land not currently utilised
Cattle yards
General features:
Impressive entrance to property
Wood heating
Spa bath
Plush new carpets and plank flooring
Outdoor entertainment area with wood fire
Wide verandahs
Residences privately positioned
Beautiful views
Granite outcrops
Swimming holes
Acres of beautiful natural bushland
Some photos and information provided by the vendor.
For more information or an inspection, please call Carol Axworthy Seven Days on 0411 229 011.
Property History for 5 Mcgrath Lane, Applethorpe, QLD 4378
- 18 Jul 2024Sold for $1,460,000
- 08 Jul 2019Listed for Sale $875,000
- 05 Oct 2017Sold for $700,000
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About Applethorpe 4378
The size of Applethorpe is approximately 46.8 square kilometres. It has 1 park covering nearly 20.5% of total area. The population of Applethorpe in 2011 was 466 people. By 2016 the population was 538 showing a population growth of 15.5% in the area during that time. The predominant age group in Applethorpe is 60-69 years. Households in Applethorpe are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Applethorpe work in a managers occupation. In 2011, 75.2% of the homes in Applethorpe were owner-occupied compared with 78.5% in 2016.
Applethorpe has 263 properties. Over the last 5 years, Houses in Applethorpe have seen a 77.69% increase in median value. As at 31 October 2024:
- The median value for Houses in Applethorpe is $584,172.
- Houses have a median rent of $240.
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