$5.5m a sweet deal for Brisbane’s Ice Cream Truck Farm
A massive 128-hectare farm with double sided river frontage, two homes, and tonnes of room for more has sold for a record sum for the area located just 46km from the city centre.
The Ice Cream Truck Farm, located within the Moreton Bay Council region in Brisbane’s north, has about 2.2km of riverfrontage along North Pine River contained within seven separate titles.
Vicki Pain of Ray White Rural Dayboro/Eumundi sold the property for $5.5m, a record for the area, on behalf of the Margaret Vrutocky estate.
“We had 170 enquiries and some 83 inspections and attracted 25 registered bidders,” Pain said in a statement.
The sprawling property was bought by a Brisbane family, she confirmed.
Located just four minutes from Dayboro and 20 minutes from the North Lakes shopping hub, the property was marketed as one of the area’s largest rural acreage properties.
“Rarely in the district does a property come to the market with such gentle undulating acreage, rich fertile soils and 100 per cent usable,” is how an information memo on the property put it.
“While each title varies in size the fundamentals are the same … near new fencing and water sourced from either dam or creek frontage. If size, location and convenience is important to you it really doesn’t get much better than this.”
The property pays its way, with 18 paddocks that can “comfortably” take 100 head of beef cattle, as well as two sheds, and one of the two existing houses on the land was rented out as a separate income stream.
The historic property was originally part of the Whiteside Station and eventually purchased by Phillip Morris in 1891, the memorandum said.
“Philip built the existing cottage on the home block and raised nine children in it. In 1945 it was sold to Leslie Hoey and then Henry Durrant in 1946. Extensive renovations have been done to the cottage with some of the original timber still used in the residence.”
The Old Ice Cream Truck Farm was originally 51-acres big, and paddocks were for dairy, to grow vegetables, and raise sheep. The farm also supplied cream to the Dayboro Butter Factory. At its peak, the owner Margaret Vrutocky had about 70 milkers supplying Paul’s QUF before switching to beef cattle, the statement said.
This article from the Courier Mail originally appeared as “Massive farm sold for record sum just 46km from Brisbane CBD”.