Wicks and Co Agencies is excited to present the opportunity to purchase 160 acres of highly fertile and versatile rich red soil right on the doorstep of Kingaroy. This block of land is so close to Kingaroy it could create an opportunity for future urban development with the appropriate council approvals. Currently a farming enterprise This property is a blank canvas with a number of excellent house sights and power running not far from the property. The property offers two road frontages, fenced into three paddocks with new or near new 5 barb wire and a mix of star picket and timber posts. There is currently approx. 90 acres of the best red soil in the district, ideal for growing peanuts, Duboisia, corn and other cereal crops with the potential to cultivate more area.. At present majority of the cultivation is fallow awaiting the new purchaser?s to sow a crop of choice. and also currently has approx. 5 acres of pomegranate trees under sprinkler irrigation. Throughout the property is a distinct waterway which is spring fed, current owners have never seen run dry. There are 2 dams and a bore which is currently doing 800gph.
This property is currently running 40 head of cattle from weaners to feeder weight.
There is an opportunity for additional income with current owners looking to rent a small portion of land for a monthly fee if possible.
located approx. 4km from the heart of Kingaroy and approx. 1.5km Harvey Norman, Discount Chemist, Bunnings and Mitre 10.
If you are looking for a blank canvas, investment or development opportunity or maybe an additional block for agricultural endeavours this property is well worth booking an inspection.