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  • 1 Mizzi Road, SOUTH JOHNSTONE, QLD 4859

1 Mizzi Road, South Johnstone, QLD 4859

    For Sale

    $1,350,000

    Fully Operational Cane Farm with irrigation license

    Fully Operational Cane Farm with irrigation license

    Comprising of two titles which total 62.29 Ha (153.92 Acres) this undulating cane farm has the distinct bonus of two 90 Meg irrigation licenses. This opens the farm up to future opportunities to diversify the crop.

    Currently leased the property is a real land bank for the future. The forecast for this year's harvest is between 3500-3800 tonnes. Located very close to the mill with a tram line and siding right on the boundary.

    The property has a three-bedroom residence which boasts excellent long and panoramic views of the countryside. The house is in a very liveable condition with a double carport attached and a large, enclosed sunroom on the Northern side. Additionally, there is a huge machinery shed with packing shed attached which compliments the tropical and exotic fruit orchard. Think Abiu, Rambutan, Mangosteen and Carambola to name a few. These fruits have established markets and have been grown with commercial success.

    The future of this property may be cattle or even Bananas, but its long term and profitable history is sugar cane. The Mill is currently offering excellent incentives to growers who commit to cane.

    The property is accessed by a tar sealed road and gazetted laneway and has a permanent creek running through it. It is 5 minutes from both public and private schools and the local village and less than 15 minutes to Innisfail.

    A good-sized holding that should attract serious interest.

    Contact Michael Skuse

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    avatar Michael Skuse
    Michael Skuse
    Principal

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    Property Info:
    • Property ID: L19387645
    • Property Type:Cropping
    • Land Area:62.29 hectare
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    R&H Suburb Profile: South Johnstone
    R&H Suburb SummaryHouses
    Number of sales9
    Average Price$267,389
    Median Price$235,000
    Median Rental Price$240 p.w.
    Change in Rental Rate (5yr)n/a
    Median Trend - $235,000
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