10820 Mt Lindesay Hwy, PALEN CREEK QLD 4287
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- Rural / Farming
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- 9 Nov 2016
Income Producing Property
First time on the market since 1987 this 90 acre property has become available.
The property is situated in the beautiful Scenic Rim ranges and has 45 acres of cultivation with the balance of the land ranging from flats to undulating. The property is bounded by Palen Creek and also has a bore which pumps 12000gal ph. The bore pumps into turkeys nest and then irrigated through the underground mains to the cultivations which are planted with lucerne and rye grass. There is a hay shed which stores 70000 bales plus a 48 x 36ft shed with single phase power and concrete floor. Also on the property is smaller machinery shed 14 x 48ft for the equipment. A good set of cattle yards with loading ramp, cattle crush and spray race holds 100 head comfortably.
At the rear of the property there is a separate 5 acres across the creek with a paddock that has been under cultivation and a good stand of trees comprising spotted gum and iron bark timber, for any of those jobs where you need to fix a fence.
The home is an older style sturdy timber farm house that has 3 bedrooms plus a study, older style kitchen and bathroom with a great entertainment area at the rear. The home is ripe for renovation and sits on the little hill which overlooks the cultivations, cattle yards and sheds, with fantastic views of Mt Lindesay to the south.
This property is only 5 minutes south of Rathdowney.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
10820 Mt Lindesay Hwy PALEN CREEK