"Bungalora Farm" which sits between the Tweed Valley and the Gold Coast is of some 109* hectares. The sale will finalise an estate between the beneficiaries.
Originally 2 dairy farms the 270* acre property was purchased in the early 1980's by the late Edward Bear. 2 new homes were constructed and the property now has 4 dwellings.
The country has been fodder cropped as recently as last year when hay was cut from the pasture paddocks. It has good stands of natural and improved pastures on the plateau. The plateau drops down to the creek flats on Duroby Creek. The country near the creek and the hillsides have not been used for many years and are prime for improvement.
The scarcity of blocks over 100 hectares so close to the beach make this property significant in size. It has vistas towards the coast and ocean as well as across the Tweed Valley are added bonuses and with town water and 3 lots the possibilities here to improve this back into a very good farm or look at other ventures.
The property also has numerous sheds up to 1100m2* and a banana farm currently leased.
*Approximately