Established market garden in valley acreage.
This lush valley acreage is approx 47 acres in size and the opportunity of land banking awaits, It is currently returning approx $80,000 PA collectively with three separate tenancies.
The property is currently leased primarily for the production of fruit & vegetables in commercial quantities for a 12 year period. The land has been extensively established with ideal market garden facilities. Such as a 650 m2 shed containing 400 m2 of cool room storage & three phase power; a second machinery shed of approximately 250 m2; a 100 mega litre dam; 35 acres of fully irrigated gardens; and the west boundary is bordered by Deep Creek of which the property has pumping rights for 128 mega litre of water per year.
The size of Oaklands Junction is approximately 35.5 square kilometres. The population of Oaklands Junction in 2011 was 546 people. By 2016 the population was 442 showing a population decline of 19.0% in the area during that time. The predominant age group in Oaklands Junction is 10-19 years. Households in Oaklands Junction are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oaklands Junction work in a managers occupation. In 2011, 91.4% of the homes in Oaklands Junction were owner-occupied compared with 81.4% in 2016..
Oaklands Junction has 163 properties. Over the last 5 years, Houses in Oaklands Junction have seen a 13.65% increase in median value. As at 31 October 2024:
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