The property adjoins Maria Creek, there has been no flooding on the property in the last 20 years.
Legal Description: RPD: L30 NR4494 & L5 RP736765:
Local Authority: Cassowary Coast Regional Council
The property is accessed from the Bruce Highway via the El Arish- Mission Beach Road, Bingil Bay Road, Midgeree Bar Road, and to Fig Tree Beach Road. These roads are all sealed with the exception of the last 2kms. Access is available for all types of vehicles including heavy transportation directly to the farm.
The property has 3-phase power and is connected to town water. Telephone and broadband internet are connected. Septic systems and bottled LPG are installed at the residence. Community services and amenities (school, post office, police, fire, ambulance, some financial and various other services) are situated within 10kms of the property.
AQUACULTURE APPROVALS; BUILDING PERMIT - Cassowary Coast Regional Council (previously Johnstone Shire council) for processing shed.
Primary Residence with fantastic elevated views to the Great Barrier Reef islands - Floor Area Main: 316m2; Courtyard: 54m2; Carport: 88m2
Total Under Roof 404m2
Construction: Low-set Masonry block walls on concrete slab; plasterboard linings; colourbond Custom Orb roof.
Accommodation: The residence is constructed as 3 self-contained units with a communal courtyard.
2 x units with 3 bedrooms, kitchen, bathroom, toilet, laundry, living area;
1 x unit with 2 bedroom, kitchen, bathroom, toilet, laundry, living area;
Fit out: Kitchen - gas stove, range hood, double stainless steel sink, floor and wall cupboards.
Age: 15 years old (approximately); Good condition
Secondary Residence (Hatchery)
Floor Area: Main 180.96 m2 (including single carport - 1 vehicle)
Construction: Low-set Masonry block walls on concrete slab; plasterboard linings; colourbond Custom Orb roof.
Hatchery Residence: 3 x bedrooms, 1 bathroom home;
Hatchery Building: A further 6 single bedrooms are within the hatchery building;
Condition: Good condition
COMMERCIAL AREAS: Processing & Storage Shed/Office Building;
Floor Area: 1620m2; Open Side: 126m2
Construction: Steel frame, zincalume walls and roof, on concrete slab, Interior walls are cold room panels with exception of storage shed area.
Industrial Roller door entry through centre of building, access from both ends (i.e. Drive-through) able to accommodate heavy transport.
Accommodation: Feed and general storage area Workshop area; 3 x cold-rooms - 1 x cold room, 2 x freezers; Large open plan processing area;
Kitchen & Employee amenities; Showers and toilets.
Fit out: Office - split system air-conditioning, vinyl floors, kitchenette, and attached board room.
The processing area is set up in accordance with HACCP guidelines with potential to upgrade to export level.
Please Note: Significant sections of buildings were upgraded after Cyclone Yasi in February 2011.
Ponds & Channels
30 grow out ponds over 30+ hectares - wall height 1.5-1.7 metres, some with plastic lining; Intake channel/Intake ponds - approximately 700 metres long. Outflow channel/Settlement ponds - Waste water is released into outflow channels and empty into a 2 hectare settlement pond prior to discharge into Maria Creek. Environmental permits in place for intake/outflow.
Other Significant Infrastructure: Intake and discharge pumps; 2 x 22m2 sheds housing generators; concrete driveway linking processing shed to main residence. Part boundary fencing on southern boundary.
Underground power reticulation throughout farm servicing paddlewheel pond aerators and other equipment.
Hatchery: Floor Area 269.3m2
Construction Steel frame, zincalume walls and roof, on concrete slab; Accommodation Toilet and shower, kitchenette, pump shed, storage room, 6 x single bedrooms; Hatchery Fit Out 24 x Prawn larvae tanks (concrete); 4 x Prawn spawn tanks (concrete); 10 x Algae tanks (plastic)
10 x Artemia tanks; Algae laboratory; 4 x Water storage tanks; Aerator pumps; Filtration system.
Plant, Equipment & Stock included.
THE BUSINESS: Fortune Enterprises Australia Pty Ltd is a family owned and operated business which commenced operations in 1996. Since commencing operations, the business has established a very reputable product and brand in the domestic market. With high demand from large seafood wholesalers and retailers in southern markets.
Production & Transportation: The farm conducts 2 harvests per year, currently achieving as much as 250 tons per year of Black Tiger Prawns. The farm is capable of producing more than double this output.
The size of Midgeree Bar is approximately 11.6 square kilometres. It has 3 parks covering nearly 0.2% of total area. The population of Midgeree Bar in 2011 was 393 people. By 2016 the population was 44 showing a population decline of 88.8% in the area during that time. The predominant age group in Midgeree Bar is 30-39 years. Households in Midgeree Bar are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Midgeree Bar work in a professional occupation. In 2011, 76.8% of the homes in Midgeree Bar were owner-occupied compared with 40.9% in 2016..
Midgeree Bar has 46 properties. Over the last 5 years, Houses in Midgeree Bar have seen a 60.06% increase in median value. As at 30 November 2024:
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