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Forbes: Large Scale Horticulture Opportunity

Situated on impressive cropping and finishing country with bore and dams. 
91 Specks Lane, Forbes    
670.41ha (1657ac)        
 iconBedroom  3      iconBathroom  1  iconCarport  1      
Price $3,250,000

Instant cash flow opportunity with permanent plantings in production (achieving 6% ROI on 15% of the property). $3,250,000 includes over $1 million in Water Licenses. 

 

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Decent sized bungalow style home with open plan living, slow combustion wood heater, new stove top in kitchen and a northerly aspect. 

 

 

Property Features

15% of the Property has permanent plantings that have an approx Income of $390,000. Approx 450 Ac alluvial River Flats have been Flood Irrigated & a total of approx 1,000 Ac is suitable for Horticulture.

Bush Area Hectare: 200, Bush Area Acres: 500, Cultivatable Hectares: 689, Cultivatable Acres: 1157

Level sandy loam River flats rising to light sandy gently sloping soils & a timbered ridge on the eastern boundary.

  • 1350 ML Bore License with 100% Allocation historically
  • 240 ML in Jemalong Irrigation Ltd channel scheme
  • 1000 - 1100 Ac suitable for Horticulture / Vegetables
  • Regular consistent market + ability to expand/diversify
  • Machinery Shed, Haysheds, Workshop, Chemical & Woolshed + 2 x Silos
  • 2 Homes (1 occupied), Woolshed, Yards, Silos & Sheds
  •  Unoccupied 2 B/R Weatherboard Cottage for storage

 

 

 

 

 

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Permanent plantings are Dryland now they are established. They require no pesticides/ chemicals so are relatively low cost to grow, just need pruning and harvesting. 

 

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For further information or to arrange an inspection contact Ainslie Toole on 0407 946 838

 

Listing Agent

AinslieToole_web

Ainslie Toole 
Landmark Harcourts Forbes

0407 946 838
02 6852 1466 

Make an enquiry

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