SELL ONE BLOCK AND PROFIT!!Nestled in the beautiful surrounds of the Illinbah Valley is this modern ranch-style homestead that is perfectly situated on 52 acres of lush cattle fattening country down by the river. This land has been approved for sub-dividing in to two blocks 1 x 2.5 acres and 1 x 50 acres, so is an excellent investment with potential for capital gain.
The property is set up for cattle with plenty of water supply from the river, and a cattle yard enclosure plus good fencing in place. The owners currently run 10 head and this can be increased to comfortably run 25-30 head.
Main features:
- 52 Acres, council approved sub-division
- Coomera River frontage, pumping rights
- Spacious family homestead
- Tassie oak floors
- Lounge with access to full length veranda
- Family room
- Slow combustion stove, r/c air con
- Breakfast area off kitchen, access to veranda
- Country style kitchen with pantry
- 3 x bedrooms, main with ensuite and WIR
- Family bathroom, little use, as new
- House laundry/utility room
- 6x6m garage, 12x9m shed with power
- 12×3 carport
- 32,000 ltr rain tank
- Superb views, no neighbours
To find a property like this on the market at a realistic price is a rarity and would be the perfect location for a fabulous lifestyle many of us aspire to. Fresh clean air, beautiful picturesque location and only 20 mins to the bustling Gold Coast Hinterland town of Canungra.
If you take advantage of the sub-division approval then you have the possibility of huge capital gain.
For more information or to arrange an inspection please call the exclusive listing agent Dave Lown or our office.