Ayr Real Estate - Horseshoe Lagoon Real Estate - Brandon Real Estate - Home Hill Real Estate - Inkerman Real Estate

Sold Jun 17, 2010


Ayr

  • Property ID: 60892040
  • Property type: RURAL
  • Land size: 44.33 Acres
  • Building size:
  • Listing type: SOLD

44 Acre Farm with Village Zoning

This exclusive listing would have to be one of the best investment opportunities available in the Burdekin. This approx 44.33 acre cane farming property has 7 titles with approx 26 acres of the property recently being changed to village zoning meaning the land can be used for future housing subject to D.A. Approval.
A number of similar sized adjoining blocks have recently been sold for $50,000/acre making this parcel of land extremey good value.
Village Zoning allows for house blocks as small as 800 sqmtrs in area however there seems to be good demand for blocks in this area around 2000 sqmtrs in area which have recently been selling for $150,000 per lot.
With Town Water, Power & the Sewage Treatment Plant closeby local council have earmarked this area in the town plan for futrure housing hence the new zoning for this area.
LOCAL DRAINAGE WATER. The area has experienced some problems in recent years with drainage runoff (water pooling) on property from nearby farms, however this problem is currently being addressed with a drainage plan in place to direct this water into large drain at western end of property.
PUMPS & Inground pipes. There is a 5/6 Kelly & Lewis Open Water Pump with Elec 15 hp motor pumping from N.B.W.B Channel at a cost of $4.80/mgltr and approx 200m of inground 15" poly pipe & approx 200m of inground 12" concrete pipe installed along top headland with risers at regular intervals
WATER. Property has good quality underground bore water also at around 100' depth.
SOIL. Whole property has a very dark delta loam soil type & has produced some of the best yields of sugar cane in the area in recent years and will grow a diverse range of crops.
For more info or to arrange for an inspection please phone David or John Adcock @ office on 47 834022 or mobile 0400756274 & 0427627573. To view other properties from this agent please go to www.nqrbb.com.au