Arguably one of the best 300 acre (121.23 Hectare) aggregations to come on the market in the Millaa Millaa area in recent years, this property set on two titles is currently operating as a dairy farm supplying 'Misty Mountain Jersey Milk'' to the Mungalli factory. The property is presently leased with the leesee owning the herd and plant. Comprising gently undulating to flat country the block is fenced into numerous paddocks accessed by laneways for easy stock management. Volcanic basalt soils support improved pastures, predominantly setaria. Well watered, with Theresa Creek forming the northern boundary to both titles, the property includes a 270 megalitre water licence.
The owners are offering for sale the land and buildings which include a modern three-bedroom rendered block home, an old dairy and farm shed. The house is in an elevated position with excellent views over the property and across to Bartle Fr re and the Johnstone Gorge. School bus pickup is on Ellinjaa Road and only five minutes from town.
An excellent clean grazing opportunity where the Leesee is keen to continue the lease which expires in Dec. 2019 offering an opportunity to buy as an investment with a good income or take over once the lease expires.
The size of Millaa Millaa is approximately 61.5 square kilometres. It has 3 parks covering nearly 3.8% of total area. The population of Millaa Millaa in 2011 was 598 people. By 2016 the population was 535 showing a population decline of 10.5% in the area during that time. The predominant age group in Millaa Millaa is 50-59 years. Households in Millaa Millaa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millaa Millaa work in a managers occupation. In 2011, 69.6% of the homes in Millaa Millaa were owner-occupied compared with 75.1% in 2016.
Millaa Millaa has 342 properties.
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