21-29 Gumtree CourtWoodford QLD 4514
Property Details for 21-29 Gumtree Ct, Woodford
21-29 Gumtree Ct, Woodford is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 20540m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Woodford in the last 12 months.
Last Listing description (November 2020)
Located on the quiet rural fringe of the Woodford township, this superb 5 acre farmlet has produced hydroponic lettuce for Woodford's largest producer since 2008. This unique set up is complete with a spacious, tastefully renovated 2 bedroom home and plenty of room for a horse or to expand the farm.
* commercial solar with 40 panels - 12 KiloWatt 3 phase inverter
* town water plus 75,000L of rainwater storage tanks in addition to hydroponic system
* double car shed
Complete hydroponic infrastructure consisting of:-
* 86 lettuce beds totalling 25800 growing holes
* all necessary Controllers, Pumps & Water treatment equipment
* seedling Nursery
* 2 cold rooms - 1 X 4 pallet and 1 X 10 pallet
This is a rare opportunity to secure a tidy acreage package with 2 sources of income potential. The property has consistently produced a significant income from the farm since 2008 and also has the additional option to generate income from the house as rental.
This is a great opportunity for a newcomer to the industry who wants to learn from the best.
The current owners are happy to train & educate the new owners in all aspects of the art-form of hydroponic food production.
This scenario can also include a supply contract to purchase the end product that is grown.
Subject to confidentiality, financial figures can be made available for financial institution lending purposes.
Property History for 21-29 Gumtree Ct, Woodford, QLD 4514
- 22 Jul 2024Sold for $800,000
- 26 Nov 2018Listed for Sale Buyers over $500,000
- 30 Oct 2017Listed for Sale Buyers over $500,000
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0About Woodford 4514
The size of Woodford is approximately 90.2 square kilometres. It has 14 parks covering nearly 61.1% of total area. The population of Woodford in 2011 was 2,518 people. By 2016 the population was 3,458 showing a population growth of 37.3% in the area during that time. The predominant age group in Woodford is 20-29 years. Households in Woodford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woodford work in a labourer occupation. In 2011, 74.8% of the homes in Woodford were owner-occupied compared with 76.3% in 2016.
Woodford has 1,570 properties. Over the last 5 years, Houses in Woodford have seen a 105.86% increase in median value, while Units have seen a -43.31% decrease. As at 31 October 2024:
- The median value for Houses in Woodford is $875,625 while the median value for Units is $499,490.
- Houses have a median rent of $640.
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