OFF MARKET

120 Algoma Road
Mutchilba QLD 4872

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 129m2
Land area: 342565m2
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Property Details for 120 Algoma Rd, Mutchilba

Building Type
Land
Year Built
1970
Floor Size
129m2
Land Size
342565m2
Local Government
Mareeba
Lot/Plan
256/HG302

Last Listing description (April 2017)

This 34.26 hectare ex-tobacco farm is situated on the outskirts of Mutchilba and is only 25 minutes from Mareeba. The farm comes with significant extras including a water allocation and small inventory.
The main dwelling is a solid 3 bedroom plus office masonry block home which has recently been improved with a brand new kitchen. Further renovations include glossy polished hardwood floors and new paint in fresh neutral tones on the walls and ceilings.
Immaculate green park-like lawns with established gardens surround the dwellings and sheds.

Additional features include:
* Fenced house yard
* Second dwelling - 2 bedroom cottage
* Tobacco sheds and barns plus machinery sheds
* Some machinery and implements included
* Solid set irrigation pipes
* Steel cattle yards including ramp & crush
The property is fully fenced with internal fencing dividing the farm into smaller paddocks.
Water supply to the property is via channel to the dam which is set up with pump and motor. A 22 megalitre water licence is also attached to the sale.
The property is currently being utilised for cattle grazing and some hay production and its arable soils are suitable for a variety of cropping options.
If lifestyle with a rural aspect plus the added bonus of income potential is what you are looking for, then this is a property that is definitely worth a look!
For further information or to arrange an inspection, please contact Exclusive Agent John Falvo @ Mareeba Property Office.

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Property History for 120 Algoma Rd, Mutchilba, QLD 4872

A timeline of how this property has performed in the market
Last Sold
$535,000
27 Feb 2017
  • 27 Feb 2017
    Sold for $535,000
  • 04 Jul 2016
    Listed for Sale NEW PRICE $575,000 NEG
  • 17 Mar 2011
    Sold for $570,000

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About Mutchilba 4872

The size of Mutchilba is approximately 407.1 square kilometres. It has 1 park. The population of Mutchilba in 2011 was 1,413 people. By 2016 the population was 487 showing a population decline of 65.5% in the area during that time. The predominant age group in Mutchilba is 40-49 years. Households in Mutchilba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mutchilba work in a managers occupation. In 2011, 70.7% of the homes in Mutchilba were owner-occupied compared with 72.1% in 2016..

Mutchilba has 256 properties. Over the last 5 years, Houses in Mutchilba have seen a 56.74% increase in median value. As at 30 September 2024:

  • The median value for Houses in Mutchilba is $454,549 while the median value for Units is $743,744.
There are currently 13 properties listed for sale, and no properties listed for rent in Mutchilba on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Mutchilba.

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