BACK ON MARKET - LAST CHANCE TO SECURE A QUALITY FARM
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525 Sextonville Road, Dobies Bight
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Located only 10 minutes from Casino, just a short distance from the popular Gays Hill housing estate, is this farming opportunity just waiting for the right owner to come along.
Recently utilised as a very productive dairy farm where the property carried around 240 heifers at its peak, is this 188 acre farm which is predominantly flat rich alluvial river bank soil.
The previous owners have grown a large variety of crops on the property whilst operating as a dairy, as well as growing both winter and summer improved pastures. The estimated carrying capacity for a beef cattle enterprise would be at least 80 + breeders or alternatively cultivation is capable on approximately 80-90% of the property.
Located on the property is an extensive 'K-line' irrigation system consisting of 18 pods which can conservatively irrigate 90% of the property. The pods are connected to hydrants spaced over the property which are connected to three main branch lines. The irrigation system also includes a 70hp Perkins diesel pump and motor and a 55 mega litre irrigation licence on the Richmond River.
There is a three bedroom house on the property, dairy buildings and an older type machinery shed. External fencing is in good to fair condition with the owners using internal electric fencing to manage their dairy herd.
As stated, the property is very conveniently located a short distance from Casino township, with a school bus service at your door and within easy access to all rural supplies and modern conveniences.
Make no mistake this property presents a number of challenges to return it back to one of the top ten properties in the district. However these challenges have been considered when determining the price of the property.
It must be remembered a couple of factors don't change:
• the soil remains top quality,
• the location is un-matched and
• the capital gain available is beyond compare.
With the current sales that are occurring within the Casino area, it could be argued that this property is one of the few properties that will offer a significant capital gain in the future.
Priced at approximately $4000 per acre this is well below market value and at this price offers an opportunity for a keen energetic farmer to purchase a quality piece of farm land in the Richmond Valley.