A short 5 minute drive north of Mareeba, this 94.95 hectare rural land parcel (laser levelled) with massive packing shed facilities and a rare 500ML water allocation offers a wonderful opportunity for new owners.
Whether its a solid investment return you are looking for, a land bank for the future or to expand an existing large scale farming enterprise - this could be the right fit. The massive packing shed and its cooling facilities are currently rented and generate a solid income each year. The farming land is set up and currently operated as a cane farm, but holds the potential for a number of other farming opportunities.
Property features include:
* 500 ML water allocation
* 2 near new pivots with VSD pumps (servicing 30 ha each - all under sugar cane production) - approx. 150 acres under pivot
* Approx. 240 acres of arable farming land
* 10 ha sugar cane under flood cane
* Approx. 2000m2 packing shed with 100 ton cool room capacity
* Packing shed currently tenanted and generating approx. $50,000 gross per annum
* Weekly residential rental income - 6 dwellings on the property generating approx. $65,000 gross per annum
* 6 bay work shop
* Small inventory list
* Bore casing installed - with 5L per second capacity (potable water)
* Approx. 60 acres of red soil previously cultivated for banana production
* All land outside the pivots has been levelled and was seeded for mulch hay (baled annually - up to 400 bales previously produced)
Mareeba Property Office wishes you every success with your property search. If you would like further information or to arrange an inspection of this property, please call or email us today.
