A COMPACT and diverse operation in the tightly held Walkamin area of the Atherton Tableland affords the shrewd buyer an opportunity to acquire a high return on investment right in the midst of one of the most highly productive food-producing Tableland irrigation areas.
This 11ha (27ac) property is for sale for $900,000, with 1100 Sheppard avocado trees, fully irrigated and on mainly red volcanic loam soil types.
Improvements include a 14-room, fully approved workers' accommodation complex. This aspect of the operation enjoys strong occupancy catering due to demand from the surrounding farming enterprises, and a 12-seater Hi Ace coach is included to transport workers.
These two income strands combine to offer an attractive ROI and this could further be improved by an onsite, owner/management combination. At present all of the work is carried out by contractors and the fruit is packed off-site and it still shows a healthy return with minimal owner input. There is a 45m x 12m steel shed . Water is via a 40ML licence with any extra requirements being supplied through temporary transfers.
This is an excellent vehicle to top up your super portfolio.
Contact: Queensland Rural, Peter MacPherson, 0447 941 110.