OFF MARKET

34 Cannon Creek Road
Milford QLD 4310

Bedrooms: 5
Bathrooms: 4
Car spaces: 6
Land area: 223357m2
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Property Details for 34 Cannon Creek Rd, Milford

34 Cannon Creek Rd, Milford is a 5 bedroom, 4 bathroom House with 6 parking spaces. The property has a land size of 223357m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Land Size
223357m2
Local Government
Scenic Rim Regional
Lot/Plan
5/SP303959

Last Listing description (February 2020)

Phone enquiry code for this property: 1310

Situated 5 minutes from Boonah in the rolling hills of Milford in SE Queensland. Milford Farm is a 53 acre farm on the northern aspect of the hills running up to Sugarloaf overlooking Boonah township. The property has a 5 bedroom homestead with large verandah. There are two large dams. 20 stables, training track, full size horse arena, round yard, foaling paddocks and 10 spelling yards. There is also a 5 acre area in back of property which is a remnant brigalow scrub area which has given the property Land for Wildlife status. There is a re planting project in progress with unlimited access to Council funded trees. There is an abundance of bird life especially water birds of all description on the two large dams.

The property main income is horse agistment with 20 horses on the property currently. It also has two farm-stay rooms within the farm homestead. The homestead was previously used as a farm stay exclusively with 5 bedrooms and 4 bathrooms. Prior to being a horse stud it was used as a tourism business for farm stay accommodation, camping and Australian farm experience holidays. It still has Council approval to be operated for tourist accommodation . There are another 4 "dongas" now being used as rental accommodation .
The farm income from horse agistment and farm stay ranges from $1000- $2000/ week.
The farm has good water and reasonable fencing.
The homestead has a 30 metre front verandah with stunning views over the valley towards Boonah. It has a recently renovated large kitchen, the main bedroom is extra large with two walk in robes , and a large en-suite. There is another en suite bedroom and a further 3 bedrooms with two other bathrooms. The house is a bit rambling in character but with a little renovation work would be a great family home or farm stay homestead.
There is a 15kW solar system which is battery ready and produces more electricity then is used on the farm. So it can be off grid if batteries were to be added.
There has been a planting of 500 lavender plants to start a small lavender crop. Some plants have been lost with the drought but the beds are ready and there are over 200 plants already bushed up and provided healthy number of flowers and a new irrigation system has been installed.
The property offers potential for further tourism income including camping/ caravanning, farm stay experiences and horse holiday stays.
The property's equine infra structure , stables yards, track etc are under utilised and would suit someone looking at developing an equine based business, this may include horse BnB accommodation, horse training establishment, horse stud etc.
Currently we are undergoing a drought so the countryside is a bit parched and we are struggling a bit as everyone else is in the area. Our dams still have water and we can still feed our horses so the farm is showing it can cope with bad conditions.
As we are running two other businesses and not getting younger we felt we could not carry on developing this property to its full potential so we have regretfully decided to sell.
It is a great location, has great potential, and is close to Boonah township with it's Super IGA, coffee shops and all the services you need. And only just over an hours drive from Brisbane or the Gold Coast.




Phone enquiry code for this property: 1310

Property History for 34 Cannon Creek Rd, Milford, QLD 4310

A timeline of how this property has performed in the market
Last Sold
$775,000
22 Jul 2019
  • 22 Jul 2019
    Sold for $775,000
  • 22 Feb 2019
    Listed for Sale $890,000

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About Milford 4310

The size of Milford is approximately 18.3 square kilometres. The population of Milford in 2011 was 2,519 people. By 2016 the population was 201 showing a population decline of 92.0% in the area during that time. The predominant age group in Milford is 40-49 years. Households in Milford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milford work in a sales workers occupation. In 2011, 67.6% of the homes in Milford were owner-occupied compared with 83.1% in 2016..

Milford has 89 properties. Over the last 5 years, Houses in Milford have seen a 91.90% increase in median value. As at 31 August 2024:

  • The median value for Houses in Milford is $951,728 while the median value for Units is $1,052,174.
There are currently 2 properties listed for sale, and no properties listed for rent in Milford on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Milford.

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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.