SOLD
Sold on 21 Mar 2024 for $4,050,000

360-446 Corica Road
Barratta QLD 4809

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1270500m2
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Property Details for 360-446 Corica Rd, Barratta

Building Type
Rural
Land Size
1270500m2
Local Government
Burdekin
Lot/Plan
73/CP859478

Last Listing description (September 2024)

Expression of Interest - closing 12 pm Thursday 22nd February 2024 - Offers will be considered prior to closing.

Properties like these three, in the Mona Park area come on the market very rarely. The properties are approximately 16 mins west of the Ayr Township and 50 mins south of Townsville. The area boasts great quantities of water resources from the Burdekin Dam and the underground water table. The farms are in an above average producing area and has an abundance of water through a Sunwater system and one underground water bore, it is prime land for agriculture and would be a good investment because of its diversity.
The Burdekin is the sugar capital of Australia, with about 80,000 hectares of land and is a major producer of mangoes, melons, sweet corn and maize and a host of other fruit and vegetables. The property is currently growing sugarcane and is an above average producing property, the home has bitumen road frontage. These blue-chip farms don't come on the market very often and is a must to inspect.

Total Area: Approx.: Total land area combined of 127.05 hectares (313.94 acres) 3 titles freehold.

Lot 73 on approx. 51.36 Ha (126.91 acres)
Lot 91 on approx. 51.17 Ha (126.44 acres) Known as the House Block
Lot 54 on approx. 24.52 Ha (60.59 acres)

Cultivation Area: Approx.: 122.47Ha (302.63 acres)

Soil Types: Clay loams.

Average Rain Fall: Average rainfall approx.35 to 40 inches per annum.

Water Allocation: Approx. 1,008 megs of water allocation from Sunwater.

Pumps: The property has 3 open water pumps and 2 bores with underground poly pipe and open shut risers throughout, the farm can be watered within 5-6 working days.

- 1 x approx. 7" Open water Batescrew pump electric
- 1 x approx. 9" Open water Batescrew pump electric
- 1 x approx. 10" Open water China pump electric
- 1 x approx. 8" underground submersible bore electric
- 1 x approx. 4" Underground submersible bore electric

House: The property has a spacious 3-bedroom home, large veranda, open plan living, kitchen, dining, lounge and under and house carparking.

Cane Crop: The property can be purchased with or without the 2024 cane crop, growing approx. 12,000 tonnes per annum.

The properties are a one-man operation with great infrastructure, the location and area represents an excellent opportunity for the long-term investor in an area that has never flooded in the past. This location lends itself to almost any form of agricultural or horticultural production, completed with excellent first-class clay loam soils, a very secure water supply and ideal growing conditions with abundance of water. Inspections are highly recommended, as this property will sell.

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Property History for 360-446 Corica Rd, Barratta, QLD 4809

A timeline of how this property has performed in the market
Last Sold
$4,050,000
21 Mar 2024
  • 21 Mar 2024
    Sold for $4,050,000
  • 19 Jan 2024
    Listed for Sale Expression of Interest-Closing 22nd Feb 24
  • 10 Nov 1997
    Sold for $950,000
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About Barratta 4809

The size of Barratta is approximately 236.9 square kilometres. It has 1 park covering nearly 2.1% of total area. The population of Barratta in 2011 was 282 people. By 2016 the population was 62 showing a population decline of 78.0% in the area during that time. The predominant age group in Barratta is 40-49 years. Households in Barratta are primarily couples with children and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Barratta work in a managers occupation. In 2011, 70.6% of the homes in Barratta were owner-occupied compared with 82.6% in 2016..

Barratta has 88 properties. As at 31 October 2024:

  • The median value for Houses in Barratta is $398,168.
There are currently no properties listed for sale, and no properties listed for rent in Barratta on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Barratta.

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