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Sold on 25 Sep 2024 - Price Unavailable

1300 Tully Mission Beach Road
Carmoo QLD 4852

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 64.44ha
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Property Details for 1300 Tully Mission Beach Rd, Carmoo

Building Type
Commercial
Land Size
64.44ha

Last Listing description (September 2024)

Colliers Cairns are pleased to present to the market the fully operational, premium banana enterprise, trading as Sellars Farms. Located less than 10 minutes* drive from Mission Beach, the freehold and business, inclusive of plant, hanging fruit and equipment is offered For Sale by Expressions of Interest closing Thursday 18 July at 4pm.

Located in the Wet Tropics area of far north Queensland, the Sellars Farms banana enterprise comprises three adjoining land parcels spanning over 64.44Ha*. The property has been improved with farming infrastructure including a processing and packaging shed, cool room, 30-kW solar power system, storage, and staff amenities. The aggregation incorporates a fully integrated irrigation system and two licensed water bores to ensure year-round access to water. All existing improvements, P&E and intellectual property are included in the sale.

The business itself has developed a well-established premium grade presence in the tropical fruits industry with a significant market and a proven profit track record.

Located between the townships of Tully and Mission Beach, just off the Bruce Highway, the enterprise is strategically positioned within a high humidity and rainfall area, offering a year-round favourable banana growing climate.

Features:
• Substantial 64.44Ha* freehold parcel
• 28.13Ha* currently under production
• 33.39Ha* arable land with potential for expansion
• Elevated and undulating land close to the beach - potential for future land subdivision (STCA)
• Existing packing shed and farming infrastructure
• Proven premium grade track record and established market
• Extensive irrigation infrastructure, two licensed water bores plus a large dam
• Located in a favourable climate area with reliable rainfall
• Large 30-kW solar power system
• Equipment, plant and hanging fruit included in the sale

1300 Tully Mission Beach Road trading as Sellars Farms presents an opportunity to acquire a well-established premium grade commercial banana cropping enterprise with future development potential or business expansion.

The freehold property and business, inclusive of plant, stock and equipment is offered For Sale by Expressions of Interest closing Thursday 25 July at 4pm.

For more information, contact the agent.

*approximately

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.

Property History for 1300 Tully Mission Beach Rd, Carmoo, QLD 4852

A timeline of how this property has performed in the market
Last Sold
25 Sep 2024
  • 25 Sep 2024
    Sold
  • 28 Mar 2024
    Listed for Sale $1,950,000
  • 16 Aug 2022
    Listed for Sale $1,950,000
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About Carmoo 4852

The size of Carmoo is approximately 7.1 square kilometres. It has 4 parks covering nearly 24.7% of total area. The population of Carmoo in 2011 was 206 people. By 2016 the population was 187 showing a population decline of 9.2% in the area during that time. The predominant age group in Carmoo is 50-59 years. Households in Carmoo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Carmoo work in a labourer occupation. In 2011, 81.2% of the homes in Carmoo were owner-occupied compared with 87% in 2016.

Carmoo has 121 properties. Over the last 5 years, Houses in Carmoo have seen a 39.96% increase in median value. As at 30 November 2024:

  • The median value for Houses in Carmoo is $670,722 while the median value for Units is $463,421.
  • Houses have a median rent of $310.
There are currently 1 property listed for sale, and no properties listed for rent in Carmoo on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Carmoo.

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Contact agent
Stacey Quaid
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Colliers International (Cairns)
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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.