Located just 44km from the Mackay CBD and 16km from Marian, this 157-acre sugar cane farm presents an outstanding opportunity in the highly regarded Pioneer Valley.
The property features two 4-bedroom homes, currently returning approximately $57,000 per annum in rental income, providing immediate cashflow. In addition, lease payments from the established sugar cane crop contribute a strong ongoing return, making this a genuinely attractive investment proposition.
The highly productive loam soils are well suited to sugar cane production or a range of other intensive cropping enterprises. Alternatively, the scale and versatility of the property, combined with the income stream from the second residence, also make it an exceptional lifestyle holding.
Water is a real feature of the property with a 133 megalitre irrigation allocation supplied via McGregor and Silver Creek systems, the property also has 2 bores and ample rainwater storage. For an added benefit the property will be sold inclusive of STL shares.
Currently leased until the end of the year, there is potential for the incoming purchaser to benefit from the existing cane crop income, subject to timing of settlement and harvest arrangements.
This truly impressive property is ideally suited to cane growers, agricultural investors, or those seeking a productive lifestyle holding in a tightly held and highly regarded farming region.
To Arrange an inspection Contact – Eileen Falzon 0409 503 599