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)