387 Fassio RoadPaddys Green QLD 4880
Property Details for 387 Fassio Rd, Paddys Green
Last Listing description (November 2024)
Without any doubt, this highly productive Banana Farm sits comfortably amongst Paddy's Green premium agricultural farms. An outstanding opportunity to acquire a fully developed operational Cavendish Banana enterprise with close to having 90% in line Morgan-bury soil.
Located at 387 Fassio Road within the highly productive Paddy's Green region and close proximately to Mareeba town centre, offering level to slightly sloping country with perfect drainage allowing all year access throughout the entire farm.
Approximately 51,000 Bananas trees all in production with an average tree age of 9 -10 years spread over 8 paddocks. An experimental orchard of some 4000 two-year-old keit mango trees under trellis a first of this growing method in the region, certainly exciting and without a doubt will soon become a leading method on growing fruit trees under trellis.
A consistent performer with well above industry yields with an average of 1.7 cartons per bunch. This well-developed irrigation farm is supported by the regions 915 mm average annual rainfall. Irrigation license of 361 megaliters plus temporary transfers are all close by on the Mareeba-Dimbulah Water Supply Scheme.
Sand filters along with fertigation systems and under tree sprinklers across the entire farm.
The farm has been developed across to bananas over the past 9 years with all buildings and infrastructure upgraded extended and modernised to suite with no expense spared . The original clay brick homestead is in excellent condition and was master built approximately 15 years ago.
The second homestead is also in excellent order and has recently undergone a complete makeover.
With such an emphasis on World food production and also on Australian Tropical Agriculture, this WIWO sale represents a timely opportunity for investors or current growers to expand, diversify and/or enter into the lucrative Banana industry underpinned by a developing mango orchid under trellis with room for further expansion..
Full production and financial figures will be made available to qualified buyers.
Private Inspections can be arranged by calling Exclusive Agent Andrew Rogato on 0418183444 or email andrew@4880.com.au
Property History for 387 Fassio Rd, Paddys Green, QLD 4880
- 20 Nov 2024Listed for Sale Not Disclosed
- 14 Jun 2024Listed for Sale Not Disclosed
- 29 Jan 2024Listed for Sale CONTACT AGENT
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About Paddys Green 4880
The size of Paddys Green is approximately 217.3 square kilometres. It has 2 parks covering nearly 49.8% of total area. The population of Paddys Green in 2011 was 278 people. By 2016 the population was 387 showing a population growth of 39.2% in the area during that time. The predominant age group in Paddys Green is 40-49 years. Households in Paddys Green are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paddys Green work in a managers occupation. In 2011, 70.5% of the homes in Paddys Green were owner-occupied compared with 66% in 2016..
Paddys Green has 122 properties. Over the last 5 years, Houses in Paddys Green have seen a 60.88% increase in median value. As at 31 October 2024:
- The median value for Houses in Paddys Green is $564,702.
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