261 Chinamans Creek RoadTuchekoi QLD 4570
Property Details for 261 Chinamans Creek Rd, Tuchekoi
Last Listing description (November 2023)
Situated midway between Noosa and Gympie in the lush and fertile Mary Valley, the potential awaiting new owners of this impressive property is almost unlimited. With a total land area of 120.5 hectares on a single freehold Certificate of Title, with an established timber plantation the property would also suit a variety of other rural pursuits, including grazing. The improved pastures have an estimated carrying capacity of 135 adult equivalents (AEs). Before its transition to timber, the property operated as a dairy farm.
Alternatively, create the peaceful and secluded country lifestyle you've always dreamed of. There's ample room for growing fruit and vegetables, running chooks, or simply enjoying the existing natural attributes like fresh air, native wildlife and wide blue skies.
The area experiences substantial average annual rainfall, and six dams are located strategically throughout the property for easy stock access and domestic purposes. Basic infrastructure is in place to support rural operations, including a machinery sheds and cattle yards. There is also a three-bedroom timber and masonry block construction home providing an adequate level of amenity.
The property is ideally situated approximately 30 minutes' drive from the rural city of Gympie, which offers Bruce Highway and rail access along with services to support agribusiness. If you prefer a combination of rural and coastal living, Noosa Heads is just 45 minutes from your doorstep. Properties of this size and versatility are rare in this location, so be sure to secure your inspection quickly.
'Tuchekoi Native Timbers' was established in 2005 and planted with 30,000 high value rainforest and eucalypt timbers, sought after both nationally and internationally for furniture making and cabinetry.
The plantation has consistently been managed using the Mitchell Method a proven, low-maintenance framework developed by Jack Mitchell based on decades of research and observation. His method facilitates easier sequential and selective harvesting through the planting of compatible mixed species in specific spacings. Additionally, the significant number of harvestable native forest timbers could generate further revenue. Previous studies estimated net present value of the timber on the property to be $6.6M in 2022, and $8.9M in 2027.
Features:
120.5 undulating hectares on a single freehold title
Mary Valley location between Gympie and Noosa
Multiple possibilities for rural operations/agribusiness
Fertile land with significant average annual rainfall
30,000 high value rainforest and eucalypt trees in place
Additional native forest timbers suitable to harvest
Former dairy farm with carrying capacity of 135 AEs
6 x dams, 2 x sheds and cattle yards
3-bedroom timber and masonry block residence
13 mins to Bruce Highway, 30 mins to Gympie, 45 mins to Noosa
Property History for 261 Chinamans Creek Rd, Tuchekoi, QLD 4570
- 29 Mar 2023Listed for Sale $4,500,000
- 17 Sep 2018Listed for Sale EXPRESSIONS OF INTEREST
- 23 Mar 2011Transferred for $550,000
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About Tuchekoi 4570
The size of Tuchekoi is approximately 29.9 square kilometres. The population of Tuchekoi in 2011 was 357 people. By 2016 the population was 178 showing a population decline of 50.1% in the area during that time. The predominant age group in Tuchekoi is 40-49 years. Households in Tuchekoi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tuchekoi work in a trades occupation. In 2011, 59.2% of the homes in Tuchekoi were owner-occupied compared with 69.4% in 2016.
Tuchekoi has 95 properties. Over the last 5 years, Houses in Tuchekoi have seen a 112.53% increase in median value. As at 31 October 2024:
- The median value for Houses in Tuchekoi is $976,411 while the median value for Units is $473,051.
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