"Lockrose Farm" is a well-established family farm located in an ideal location with easy access to Lockrose and Plainlands. The property spans over a total of 79* hectares, with 36* hectares of soft alluvial creek flats that have been extensively used for small crop production since 1978. There is 13* hectares of gentle slopes that have been used for small crops and are currently being used for hay production. Additionally, there are 28* ha of country that could be further developed or used for cattle and horses.
Water is an essential component of any farm, and Lockrose Farm has exceptional water with two equipped irrigation bores with a 306ML allocation of soft water, ensuring that the crops and livestock have access to the necessary resources for growth and development. There are also stock and domestic bores with exceptional water quality.
The property also has a double road frontage, making it easily accessible for transportation and distribution of goods. The farm also has a fully enclosed shed and several older buildings, providing ample storage space for equipment and crops.
Overall, "Lockrose Farm" is a high-quality small crop family farm with a long history of successful small crop production. With its abundant soil and water and prime development corridor location, it may mean the property will be ideal for a land bank or is just an excellent opportunity for anyone looking to start or expand their farming operation.
Contact the agents to receive an Information Memorandum or to book your inspection.
*Approximately
The size of Lockrose is approximately 15.7 square kilometres. The population of Lockrose in 2011 was 552 people. By 2016 the population was 555 showing a population growth of 0.5% in the area during that time. The predominant age group in Lockrose is 0-9 years. Households in Lockrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lockrose work in a labourer occupation. In 2011, 69.4% of the homes in Lockrose were owner-occupied compared with 65.4% in 2016.
Lockrose has 226 properties. Over the last 5 years, Houses in Lockrose have seen a 114.52% increase in median value. As at 31 October 2024:
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