409 Donohue RoadEmerald QLD 4720
Property Details for 409 Donohue Rd, Emerald
Last Listing description (November 2024)
"Codenwarra West" Emerald, Queensland, offers a prime investment opportunity for buyers seeking a well-developed irrigation and dryland cropping asset. Located just northeast of Emerald, this 3,402.89* hectare property, features a mix of heavy black self mulching soil river flats and duplex soils.
The current owners have significantly upgraded the property, including recent laser levelling, Pivot upgrades new pump and substantial infrastructure improvements, such as machinery sheds, silos, and well-maintained roads, ensuring high efficiency and productivity.
The property's irrigation system includes 560* hectares of pivot irrigation and 500.5* hectares of flood irrigation, supported by a comprehensive Nagoa MacKenzie water allocation of 4,319* megalitres and excellent water storage facilities.
Key Features:
Well developed irrigation & dryland cropping enterprise located only 8.5km* from Emerald Walk in Walk Out
3402.89ha* freehold, predominantly heavy river flats at the junction of the Nogoa River & Theresa Creek
4,319ML medium priority Nagoa MacKenzie water allocation & 800ML & 50ML storage dams
Irrigation system includes 560ha* of pivots & 500.5ha* of flood irrigation plus 1305ha* of dryland cultivation
Current crops include 340ha* irrigated chickpea, 650ha* dryland wheat & 605ha* early sorghum
Modern machinery sheds & new silos, laser levelled, renewed water supply channels & storages
"Codenwarra West" presents a highly attractive opportunity in the QLD's Central Region.
Contact agents for a detailed Information Memorandum and Plant and Equipment list.
Expressions of Interest, closing Thursday 12th September 2024 at 3pm
*Approximately
Property History for 409 Donohue Rd, Emerald, QLD 4720
- 16 Oct 2024Sold
- 26 Jul 2024Listed for Sale Expressions of Interest, closing
- 07 Jul 2023Sold for $5,000,000
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About Emerald 4720
The size of Emerald is approximately 844.9 square kilometres. It has 32 parks covering nearly 12.5% of total area. The population of Emerald in 2011 was 13,883 people. By 2016 the population was 14,318 showing a population growth of 3.1% in the area during that time. The predominant age group in Emerald is 0-9 years. Households in Emerald are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Emerald work in a trades occupation. In 2011, 56% of the homes in Emerald were owner-occupied compared with 52.2% in 2016.
Emerald has 7,753 properties. Over the last 5 years, Houses in Emerald have seen a 37.86% increase in median value, while Units have seen a 58.14% increase. As at 31 October 2024:
- The median value for Houses in Emerald is $413,717 while the median value for Units is $264,665.
- Houses have a median rent of $535 while Units have a median rent of $390.
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