OFF MARKET

418 Scotchy Pocket Road
Scotchy Pocket QLD 4570

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 922600m2
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Property Details for 418 Scotchy Pocket Rd, Scotchy Pocket

Building Type
Rural
Land Size
922600m2
Local Government
Gympie Regional
Lot/Plan
51/SP173681

Last Listing description (February 2018)

Highly productive Avocado Farm totalling 228 acres(92.29 ha approx) with 8038 productive trees from 11,230 potable sites individually irrigated on 90 acres(36ha) at 312 trees/ha supported by production facilities second to none. This is prime farming at its best, located in the tightly held Scotchy Pocket farming district, 30 min drive north of Gympie and 2.5 hours from Brisbane. Fertile volcanic red soils with 305 megalitres of water including 200 meg water licence from Mary River and 105 megs water from 4 dams supports the avocado plantation and the balance pastures improved with Rhodes, Kikuyu and Green Panic carrying 40 head of agistment cattle.
The current 8038 trees, fully pruned 3 years ago this year produced 22,000 trays at $33/tray. These trees will be at full production within 2 years producing an estimate of 50,000 trays. A further 2000 seedlings planted this year will produce another 5500 trays in 3 years and up to 13,000 trays within 5 years. With production costs kept at a minimum of $110k/annum for farming costs and $110k/annum for labour and packing costs there is also an opportunity to reduce labour costs further by doing as much or as little as you choose.
Fully integrated infrastructure includes the on farm nursery providing seedlings from excellent root stock through to the sophisticated sorting and packing facilities totalling 1000m2 under roof - the only one of its kind in the district. There is a 3 bedroom managers residence with wraparound verandahs and excellent staff quarters recently refurbished with 5 rooms, kitchenette, bathroom, tea room plus office located within the sorting and packing facility.

With established markets in Qld and recently branded for the Melbourne markets this farm has been taken to the next level in securing future market dominance. This outstanding avocado enterprise has been fully developed for profit and provides an opportunity like no other. Quite simply the numbers speak for themselves! An extensive inventory of immaculately maintained machinery and equipment is included in the sale on a WIWO basis. Comprehensive Information Memorandum and Inventory available on request.
Summary Features:
* Highly productive Avocado Farm totalling 228 acres (92.29 ha) 35km north Gympie
* 8038 trees fully pruned 3yrs ago produced 22K trays at $33/tray, costs at 220K/ann
* 11230 potable sites at 312 trees/ha due to be fully productive in 3yrs to 55,000 trays
* Individually irrigated with 305 megs water - 200meg river licence, 105megs 4 dams
* On farm nursery 30x8m supplies up to 2500 seedlings from quality root stock
* Fully integrated packing/sorting facility 1000m2 under roof supplying markets direct
* 5 room quarters, shower &toilet, tearoom, office, 2 cold rooms capacity 40 pallets
* Managers residence 3 bedrooms, 3 verandahs, power and gas cooking facilities
* Superb rich and fertile red volcanic soils, balance country agisted with 40 hd cattle
* Highly developed profitable farm with extensive inventory in mint condition WIWO!
Auction Tuesday 14 November @ 6.00pm
Kingston House, 11 Channon Street, Gympie
Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. All the above property information has been supplied to us by the Vendor. We do not accept responsibility to any person for its accuracy and do no more than pass this information on. Interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate. Intending purchasers should seek legal and accounting advice before entering into any contract of purchase.

Property History for 418 Scotchy Pocket Rd, Scotchy Pocket, QLD 4570

A timeline of how this property has performed in the market
Last Sold
$2,650,000
19 Apr 2023
  • 19 Apr 2023
    Sold for $2,650,000
  • 06 Dec 2017
    Sold for $3,000,000
  • 23 Oct 2017
    Listed for Sale Auction
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About Scotchy Pocket 4570

The size of Scotchy Pocket is approximately 41.5 square kilometres. The population of Scotchy Pocket in 2011 was 420 people. By 2016 the population was 67 showing a population decline of 84.0% in the area during that time. The predominant age group in Scotchy Pocket is 50-59 years. Households in Scotchy Pocket are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scotchy Pocket work in a managers occupation. In 2011, 74.4% of the homes in Scotchy Pocket were owner-occupied compared with 96% in 2016..

Scotchy Pocket has 33 properties. Over the last 5 years, Houses in Scotchy Pocket have seen a 122.37% increase in median value. As at 31 October 2024:

  • The median value for Houses in Scotchy Pocket is $774,036.
There are currently 1 property listed for sale, and no properties listed for rent in Scotchy pocket on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Scotchy pocket.

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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.