SOLD
Sold on 24 Nov 2023 for $8,805,000

926 Corica Road
Barratta QLD 4809

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2386000m2
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Property Details for 926 Corica Rd, Barratta

Building Type
Rural
Land Size
2386000m2
Local Government
Burdekin
Lot/Plan
51/CP844255

Last Listing description (June 2024)

Burdekin Award Winning Cane Farms - a lucrative and once in a generation opportunity!

Ben Waugh Ray White Townsville and Liam Kirkwood Ray White Rural Townsville are very proud and excited to present for sale by Expression of Interest, two (2) productive Cane Farm holdings in Barratta, North QLD (the Aggregation).

Introducing for the first time to market are two (2) holdings being 926 Corica Road, Barratta (Lot 51 on 100.6* hectares) & Allan/Day Road Barratta (Lot 62 on 138* hectares), representing a total area of 238.6* hectares or an impressive 589.6* acres.

The Aggregation is situated within the Burdekin River Alluvial Plain in the Jardine Section of the Burdekin Shire. This area is recognised as one of the most tightly held and sought-after agricultural areas in Australia.

Exhibiting all the key hallmarks of a highly productive irrigated sugarcane farming enterprise, the Aggregation is underpinned by a long history of high productivity cane harvests, quality water supply, attractive water licenses, gravity irrigation, practical operational infrastructure including recycle pits on both holdings and favourable soil types.

Key Features:
- Winner of the 2021 Burdekin Productivity Awards - Highest Av Tonnes Sugar per Hectare;
- Very High historical CCS and Production rates;
- Generous water allocation licenses;
- Gravity irrigation with recycle pit systems;
- Favourable soils and a long history of sustainable farming practices;
- Superior farm management with very strong productivity and lucrative investment yields.

The Aggregation is offered for sale by Expression of Interest closing at 4:00pm on Friday 13th October 2023. The two (2) holdings that make up the Aggregation must be acquired in one line.

For further information, please complete an online enquiry or call Ben Waugh, 0487 730 456 or Liam Kirkwood, 0457 577 747 to confirm attendance at our next open farm day or inspection by arranged private appointment only.

*Interested parties should verify the accuracy and currency of the information and make their own independent inquiries as the agent cannot attest to the correctness of the information provided. Please rely on your own inspection and investigations to determine if this property is suitable for your requirements and information provided is general in nature. Ray White Townsville bears no liability for any loss sustained due to inaccuracy or omission.

Property History for 926 Corica Rd, Barratta, QLD 4809

A timeline of how this property has performed in the market
Last Sold
$8,805,000
24 Nov 2023
  • 24 Nov 2023
    Sold for $8,805,000
  • 01 Sep 2023
    Listed for Sale Expressions of Interest

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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 30 September 2024:

  • The median value for Houses in Barratta is $441,525.
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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Ray White Townsville
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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.