All offers to be in by 5pm on Tuesday the 31st of May 2022. Addressed to Bill Micola at Northern Realty.
Email: bill.micola@gmail.com
Location: 787 Four Mile Road, Braemeadows, Qld, 4850
RPD: Lot 1 on SP258127
Land Area: 63.443 Ha / 156 Acres plus 1.65 Ha of temporary road closure
Currently growing sugar cane, the Vendor is keeping the 2022 Crop.
Property has cut 5,600 Tonnes of Cane (Approximately).
Crop Average - 40 Ton per acre at $50 = $2,000 per Acre.
Water Infrastructure:
- Allocation is 200 Megalitres out of Lagoon Creek
- There are 17 underground hydrants for irrigation. These sustain no harvester damage.
- There are 2 large retention ponds, one can be used for irrigation.
- Irrigation diesel pump out of Lagoon Creek supplying the hydrants.
Improvements:
- The current owner has a program for mill mud. This has been going for approximately 30 years and every 5 years the whole farm has mill mud. The farm was fully surveyed approximately 9 years ago, all pegs are available.
- This farm has exciting potential. Examples are cane, alternate cropping, horse stud, cattle grazing, growing hay and more.
The owner will consider a price with or without the crop.
The owner has reduced the price to walk in for only $1,250,000, a bargain at only $8,016.00 per acre.
For further information or to book and inspection please contact Bill Micola on 0418 778 674. - Sole Agency
The size of Braemeadows is approximately 64.2 square kilometres. The population of Braemeadows in 2011 was 316 people. By 2016 the population was 301 showing a population decline of 4.7% in the area during that time. The predominant age group in Braemeadows is 10-19 years. Households in Braemeadows are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Braemeadows work in a managers occupation. In 2011, 71.1% of the homes in Braemeadows were owner-occupied compared with 79.2% in 2016..
Braemeadows has 150 properties. Over the last 5 years, Houses in Braemeadows have seen a 36.27% increase in median value. As at 31 October 2024:
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