218 Oats Road, Home Hill, QLD 4806
Sold
Sold for $5,880,000 on Jul 31, 2024
FULLY EQUIPPED BURDEKIN IRRIGATED ACREAGE
This irrigated inkerman Mill Area property is located 13klms from Home Hill in the Burdekin Valley at 218 Oats Road, Fredericksfield. It has a total area of 215.33ha (531.83 Acres) with a production area of 197.32ha (487.58 Acres) previously totally under sugar cane, the current owner has diversified and has successfully grown crops such as rice, sorghum, Soy Beans etc. The farm is Laser levelled and ideally set up for furrow irrigation with long row lengths and spaced underground poly pipe irrigation gated riser outlets for ultra efficient crop watering and eliminating the need to change watering cups. Run off is captured in a large recycle pit at the centre of the farm. The farm has a Burdekin Water Board Entitlement of 1602 megalitres above the unlimited supply of underground bore water with a fixed area rate of $142.30 per Ha. The Miller (Wilmar Sugar Australia Limited) Pays $46.96 of this charge if Sugar Cane is grown. Open Water Board Channel water is charged at $17,51 Per Megalitre above the area rate.
The 2023 cane crop which has been fertilized and sprayed and is already well advanced is optional. The vendor will be early planting all fallow land to sugar cane. A large machinery shed as well as machinery which is adequate for running the farm will be included in the sale price.
The Burdekin district is the largest Sugar Cane Producer in the Country suppling a quarter of Australia's sugar production. The guarantee of water from the Burdekin Dam now makes it the place to grow many crops without reliance on the weather. Call Cass Arboit at Raine & Horne for more information or to arrange an inspection.
Cass Arboit
Rural Sales
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Property Info:
- Property ID: L16566033
- Property Type:Cropping
- Land Area:215 hectare
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R&H Suburb Profile: Home Hill
R&H Suburb Summary | Houses |
---|---|
Number of sales | 67 |
Average Price | $243,254 |
Median Price | $232,500 |
Median Rental Price | $350 p.w. |
Change in Rental Rate (5yr) | 46 % |
Median Trend - $232,500
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