Colliers International and AandA Realty are pleased to present two high-yielding farms in Fishtail and Caravan Hill, via Tully, Far North Queensland.
The two farms are currently leased to a large forestry company and have a total area of 1,528ha. The leases, which aren’t due to expire until 2025 (approx), are guaranteed by the parent company, and a diligence package is available upon request. The 2012 income was approximately $1.5m from the two leases.
The Caravan Hill property has four water bores and river frontage whilst the Fishtail property has permanent and seasonal creeks for an abundant water supply. Both properties are ex cattle farms and sugar cane.
The location of the properties, close to Tully, is in a high rainfall area close to this strong sugar growing region.
The properties are for sale by Expressions of Interest.
For more information or to arrange and inspection, please contact:
Alf Pagano (A and A Realty) 0418 774 849
Stacey Quaid 0418 773 258
Rawdon Briggs 0428 651 144
List #8844