Description: Allow your imagination to roam through some of the option for exploiting this prime property site loaded with potential.
Practically all similar blocks in the surrounding area have been sub-divided into one or two ha lots that have been snapped up by new home builders eager to stake their claim to a spot in this increasingly popular Plainland development area. This rural block is only 5 kms from the heart centre of this rapidly growing development area situated on the Warrego Highway, midway between Ipswich and Toowoomba.
The property is presently principally used to house horses in the stables, yards and smaller paddocks around the homestead site with the balance of the area committed to livestock agistment.
The 74.29 ha (163 acres) of agricultural zoned land including approx. 16 ha (35 acres) of cultivation. This area includes a handy 2.2 ha irrigation block (on a separate title) with frontage to the Lockyer Creek. Overall, the property has entitlement to irrigate approximately 12 ha (25 acres) with water drawn from the Lockyer Creek and/or the permanent water lagoon adjoining the main block..
The residence is a 3 bedroom, 1 bathroom, timbered homestead with a separate 1 bedroom granny flat/single living quarters.
Other buildings include a large storage shed, a large hayshed/stable plus a number of smaller stables. There is presently stable accommodation for 8 horses.
The sandstone outcrop that surfaces on the property can be quarried as residential building material that can be used in constructions on the property without ant need for special approvals.
With vacant one to two hectare land blocks in the area selling in excess of $100,000 each, this property is a potential goldmine for an investor/developer willing to grab this opportunity to purchase while it remains available. Do your own sums and make an offer. The vendor is keen to sell.