359 Old Fort Road, HOME HILL QLD 4806
$3,750,000 No Crop
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- Rural / Farming
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- 9 Nov 2016
UPPER CLASS CANE FARM WITH HEAVY EQUIPMENT
710 Acres Cane Farm on three titles with 640 acres of Cane production and a Sunwater allocation of 1860 megalitres of water. The property is twenty minutes or 26 kilometres from Home Hill and a few kilometres off Kirknie Road.
Sitting on a separate title of five acres of a raised section of the farm sits an impressive five bedroom homestead. The clay brick home features the old traditional verandahs surrounding the home as well as office, spacious lounge / dining area, two bathrooms and toilets and out the back is the five bay garage with three bays fully secured with roller doors and space for the boat or trailer.
A few hundred metres away also sits a three bedroom demountable building with all amenities suitable for workers or perhaps a farm manager.
The farm shed and workshop for machinery storage and repairs consists of a 75m x 80m area made up of two large steel sheds back to back with three phase power and guttering to feed three large rain water tanks to supply water to the two houses for drinking and domestic use.
A large inventory of tractors and machinery (list on application) including two near new John Deers, three large channel pumps and at least four recycle pumps, all irrigation infrastructure including several kilometres of underground pipes and all fittings are included in the sale.
Worth mentioning is the range of heavy machinery on the property which the vendors used to operate a contracting business including D85 Komatsu dozer, grader and 12' laser scoop all part of the equipment.
The farm has produced an average of approximately 16,000 tonnes in recent years as well as growing Mung beans, corn etc as supplement income to the Sugar Cane.
The 2015 crop which the vendors will be including ready for harvest and worth in the vicinity of $600,000 makes this package an attractive investment to consider. The predictions for high sugar prices to be maintained for the coming years gives peace of mind and security.
Soils range from red duplex to black cracking clays and river loams. Burdekin Shire Council rates are approximately $16,000 per year and most irrigation pumps are electrically driven from Ergon supply throughout the property.
If you are considering farming, this property will give involvement in the industry in a reasonable scale with opportunity to increase production.
Asking $3,750,000 without crop, the vendors welcome your interest and are ready to negotiate.
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
359 Old Fort Road HOME HILL