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31 Morelia Lane
Wollongbar NSW 2477
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Sold on 16 May 2023

31 Morelia Lane Wollongbar NSW 2477

  • Rural / Farming
  • 17.81 ha
  • Sold, $3,000,000

Income Plus

    Prime Flat Agricultural Land, 44 acres, dwelling entitlement on the Alstonville Plateau.
    350m road frontage onto Morelia Lane which has direct access to the Bruxner Highway.
    Morelia Lane is located opposite the Wollongbar township & close to the Russellton Industrial Estate.

    The property has a choice of home sites with a dual occupancy potential. (STCA).
    There is a covered shade cloth area spanning over 8 acres and is currently operating as a wholesale nursery. Potential income if continued as an existing nursery with the current tenant on this outstanding established property. The tenant pays approx $173K plus GST p.a. in rent and is working towards $180K plus GST.

    - 25 acres (approx) of high-producing macadamia trees made up of different varieties.
    - 2,500 GPS planted trees 2 to 4 years of age.
    - 10 x 20m hothouses with irrigation and metal benches.
    - 2 large Colorbond sheds (approx. 20 x 42m) joined by a shaded grow out area
    - 2 smaller sheds - 9 x 12m and 6 x 12m

    The sheds contain - Office space, 2 kitchens and 2 bathrooms.
    Underground 3 phase power to all sheds plus 114 solar panels.

    Water Provisions:

    - Town water is connected
    - Bore water with a licence for 16 megalitre (please note 72 mg extraction recent increase March 2023)
    - 354,000L tank
    - 100,000L tank
    - 3 x 34,000L tanks
    - 6 megalitres of dam water recycled from the nursery
    - 2 Variable speed multi-pump systems set up for irrigation
    - Sand filters for use if pumping from the dam

    Gravity fed quick-fill tanks for water cartage or spraying with chemical storage space underneath + dangerous goods storage container with poison shower.
    This set up allows for fertilizer and trace elements to be added through the pumping system.

    This property on Morelia Lane is an opportunity that should not be missed.
    This property will be sold!

    Please feel welcome to contact Exclusive Agent Gabrielle Thompson 0421 029 162 to arrange a private inspection.

    Property Highlights

    Date Sold16 May 2023
    Sold Price$3,000,000
    Floor AreaAsk Agent
    Land Area17.81 ha
    ParkingAsk Agent
    Property ID2018155985
    Category
    Last updated  16 May 2023
    Map for 31 Morelia Lane Wollongbar NSW 2477

    Property Highlights

    Date Sold16 May 2023
    Sold Price$3,000,000
    Floor AreaAsk Agent
    Land Area17.81 ha
    ParkingAsk Agent
    Property ID2018155985
    Category
    Last updated  16 May 2023
    Shop 16 The Plaza Alstonville NSW 2477

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