OFF MARKET

324 Watts Siding Road
Greenmount QLD 4359

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 542400m2
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Property Details for 324 Watts Siding Rd, Greenmount

Building Type
Rural
Land Size
542400m2
Local Government
Toowoomba Regional
Lot/Plan
2/RP190722

Last Listing description (October 2023)

Currently operating as a highly productive produce farm, Allambee presents buyers with a farming asset or lifestyle opportunity to add facilities you desire whether that be cattle, equine or to continue as a reliable source of income as a farming enterprise. Located on the inner downs featuring a 63-meg irrigation license, 3 bores, a comfortable home, adjacent accommodation and facilities, all while being centrally located on the inner downs that would suit a number of buyers interests whether it be lifestyle or farming.

Situation:
'Allambee' is situated approx. 31Km from Toowoomba CBD, 5km Greenmount, 67km Gatton, 123km Stanthorpe and 43km from Wellcamp Airport.

Facilities:
Facilities include rural power connected 240 v, 3 x 3 phase outlets on processing shed, School bus to Toowoomba and surrounding towns, Mail service, NBN and Landline.

Area & Tenure:
Approx. 54.24Ha (134 Acres) - on 1 FH lot, Rates half yearly $1,557.80, Local authority Toowoomba Regional council.
Lot 2 Plan RP190722.

Country:
Entirety of property is the highly regarded Black soft self-mulching soils.
Runs adjacent to Emu creek and fronts Watts Siding Road, pasture areas of Native blue grass, Rhode's grass, Green panic, lucerne and clover.

Cultivation:
Approx. 46ha of the property is currently setup to be cultivated/irrigated/planted and is operational. An approx. area of 8ha at the front of property has been previously cultivated.

Water:
Properties water holdings consist of:
63 meg water license allocation,
East West line 56 x 2-inch Hydrants
North South line 16 x 4-inch Hydrants
Approx. 5 meg Turkey nest with 10hp centrifugal pump and fertigation tank.
Bore 1 equipped with 3 phase pump
Bore 2, equipped with 3 phase submersible pump
Bore 3, currently not equipped
4 more bores have been deveined and marked
House/garden/washing domestic bore
Poly Rainwater tanks connected,
House approx. 2 x 5000 gal and 1 x 6500 gal
Shed approx. 3 x 5000 gal
Cottage approx. 1 x 5000 gal

Fencing:
Boundary of property is fully fenced, 4 strand barb on Northern and Eastern boundaries, 5 strand on western and southern boundaries.

Homestead:
A comfortable 3 bed, 2 bath timber Homestead surrounded by a lovely country garden, set on steel adjustable stumps, new roof and rewired, re plumbed in 2014, insulated. Kitchen renovated in 2014, main bedroom with large ensuite. Beautiful well-maintained garden with a fixed sprinkler system.

Cottage/separate accommodation:
1-bedroom, open plan living Kitchen/lounge/dining, full bath, and shower. $250 per week rent.

Shed:
4 bay car/machinery shed with concrete floor and 240 v power connected adjacent to main home.
Packing/Machinery/Processing shed, 40m x 15m x 4.2m, with floating concrete slab, 3 phase power connected, 12 pallet diesel electric cold-room and freezer, 3 x 7.5m sliding doors, 4 high bay lights, 3 external floodlights and 1 internal.

Remarks:
"Allambee" presents a tremendous opportunity for any form of intensive farming, lifestyle or venture that is a convenient 20 min drive from the Toowoomba CBD. Currently operating and producing high quality produce. This property could be continued as a Horticultural farm or be utilized for hay, grain or beef production. Fully equipped farms of this size are highly sought after. Allambee is superbly positioned on the inner downs and features a comfortable and picturesque home and gardens offering a sought-after country lifestyle.

IM available

Property History for 324 Watts Siding Rd, Greenmount, QLD 4359

A timeline of how this property has performed in the market
Last Sold
$1,500,500
10 Aug 2023
Listed for Rent
$260/w
07 Feb 2023
  • 10 Aug 2023
    Sold for $1,500,500
  • 21 Sep 2022
    Listed for Sale Contact Agent
  • 25 Jun 2021
    Listed for Sale Expressions of Interest
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About Greenmount 4359

The size of Greenmount is approximately 48.7 square kilometres. The population of Greenmount in 2011 was 407 people. By 2016 the population was 701 showing a population growth of 72.2% in the area during that time. The predominant age group in Greenmount is 0-9 years. Households in Greenmount are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Greenmount work in a trades occupation. In 2011, 68.5% of the homes in Greenmount were owner-occupied compared with 73.6% in 2016.

Greenmount has 343 properties. Over the last 5 years, Houses in Greenmount have seen a 101.15% increase in median value, while Units have seen a 17.91% increase. As at 31 October 2024:

  • The median value for Houses in Greenmount is $525,654 while the median value for Units is $300,697.
  • Houses have a median rent of $280.
There are currently 1 property listed for sale, and no properties listed for rent in Greenmount on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Greenmount.

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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.