PRIME AGRICULTURAL LAND SET UP FOR MACADAMIAS AND CANE
This prime riverfront land to the Clarence River of approximately 180 acres, has been professionally organised for the growing of macadamia trees, as it is being phased out of cane.
The property has around 400 meters of absolute waterfront to the North Arm of the Clarence River, and has a dwelling eligibility to take advantage of this. Extensive works have been carried out to improve the drainage, and a large , spring-fed dam has been installed in the NW corner.
15Ha ( 37 acres), has been lasered, limed, and mounded, with water reticulation to each mound, in preparation for the sowing of 5,500 macadamia trees – this sowing will take place during the months of October through to early January 2019.
A power line runs through the centre of the property for easy connection if needed. A brand new 16m x 9m machinery shed has been erected.
The property also comes with 130 acres of ratoon cane crop, which will be ready for harvest in 2020, with an estimated harvest of around 5,000 tonnes. Any purchaser can continue with either cane production or the growing of macadamias.
The asking price includes the sowing of the trees and the maintenance of the ratoon cane.
Information on tree varieties being sown and other facets to the property can be obtained from this office, by phoning 0414 949 531.
Rarely does a property of this quality and size come on the market, in both a positional sense and with the potential for sizable returns. Inspection is highly recommended.
Fast Facts about Mororo
The suburb of Mororo is located in the Local Government area of Clarence Valley and covers an area of approximately 87.1 Sq Km.
The surrounding suburbs include Woombah, Jacky Bulbin and Gibberagee.
Currently, the median sale price of Houses, Units and Vacant Land in Mororo is $0 compared to $310,467 for the Local Government Area of Clarence Valley.
There is a Park.
In 2011, the population of Mororo was 51, with the main age group being people between 10 and 19 years of age.
Married people account for 84% of the population and households in Mororo are mainly Couples with no children.
There are approximately 19 dwellings, with the majority of these (94%) being house. 42.1% of properties in the area are fully owned, with 26.3% of the properties being purchased and 81% being owner occupied.
The largest segment of the population are Not in Labour Force, in general those in employment work as Managers with most people travelling to work by driving a car.