$500,000
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(no street name provided), Utchee Creek QLD 4871

House
Block size: 22 m² approx.

INVESTMENT PROPERTY

UNDER LEASE - FOR SALE

Total Land Area: 22.73 Ha = 56.17 acres.
Land under bananas: 28 acres.
Bananas are fully irrigated with under tree sprinklers.
Irrigation licence from the creek - 135Mg - 85Mg availabe, 50Mg leased out on a yearly basis.

Sheds:
No. 1 - Packing shed
Approximately 17.8 x 12 metres.
Steel frame, 3 bays with 90% concrete floor.
Plus a skillion, timber posts, approximately 5 x 5.3 metres.

No. 2 - Machinery shed
3 bays, timber posts and frame. Includes 1 toilet.

Machinery & Equipment:
1 x Electric irrigation pump
2 x Pumps for banana wash
1 x Pump for shed (auto switch)
1 x Water storage poly tank - 22,500 litre
1 x Semi-automatic irrigation filter
1 x Stainless steel sink with double bowl for hand washing

This farm is leased representing an Investment Property.
Lease Dates: 22/10/2022 to 21/10/2027 with an option of 1 x 5 years + rent reviews & CPI increase.
Lease amount $16,900 + $1,690 GST = $18,590 per annum + rates.
+ 50Mg water licence leased at $5,000/annum.
Total Income = $23,590/annum.

List #1441

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Key details

Property type:
House
Block Size:
22 *

Other Details

A&A Realty

Property history

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Utchee Creek suburb information

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SummaryMedian sales
Average Age
41 years
Population
256
Listing ID: 181937148. This listing has been viewed 12 times. It was first displayed on 19/09/2023 and last updated on 30/01/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.