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3 & 4/86-88 Woodward Street Edge Hill, QLD, 4870
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For Sale Offers Over $2.3 million

24 Roos Road + Gillies Range Road, Little Mulgrave QLD, 4865

    FRIZZO FARM AND QUARRY – GATEWAY TO YOUR FUTURE

    Property Details

    Positioned at the foot of the Gilles Range Road which connects the Cairns and Tablelands Regions through the Great Dividing Range and Little Mulgrave National Park, here is your chance to own a slice of tropical Far North Queensland.

    For the first time in 60 years, these two titles spanning just over 240 acres are being offered for sale.

    FRIZZO FARM

    The smaller of the two titles at 73 acres is zoned rural and currently a sugar cane farm bordered by the little Mulgrave and Mulgrave rivers at their junction. There is currently a periodical lease in place, the farmer is entitled to take the current crop if required to vacate, however, they are amenable to keeping the current arrangement.

    - Council Rates $4,158 per annum

    - Crop Income 15% of gross proceeds of crops delivered to mill for sale. July 2019 – June 2021 approximately $18,000 (incl of GST)

    Future use could include one or two lifestyle homesites encompassing a hobby farm or possibly some type of rural land use. There is no further subdivision of the site supported under the current Planning Scheme.

    FRIZZO QUARRY

    The larger title at 169 acres currently includes a blue metal quarry – Mountain View Quarry (approx. 56 acres) and has elevation with stunning Mulgrave River frontage and valley views. There is currently a lease with Holcim Australia Pty Ltd which ends 30/11/2031. The quarry is not operational at present, so no extraction royalties are forthcoming, rent is paid monthly. An approved Landscaping and Rehabilitation Plan is in place. There is also a small parcel of sugar cane on this title connected with the farm lease

    - Council Rates $12,232per annum

    - Quarry Income $1,175 per month (incl GST)

    - Crop Income July 2019 – June 2021 approximately $5,000 (incl of GST)

    Future use could include a concrete batching plant, aquaculture, animal keeping, animal husbandry and one or two lifestyle homesites encompassing a hobby farm or possibly some type of rural land use. This is also dependent on the extractive resources overlay There is no further subdivision of the site supported under the current Planning Scheme.

    WATER

    621 Megalitre per annum water licence from the Little Mulgrave River.

    SOIL

    Soil varies across both titles including alluvial, ancient alluvial, red volcanic and red schist.

    Future uses are subject to a thorough review and approval process through Cairns Regional Council.

    For further information contact David Hall on 0491 332 700.

    For Sale

    Offers Over $2.3 million

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    David Hall

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