Situated only 60km from Bundaberg and 13km from the flourishing township of Childers, this property offers the opportunity for some easy money to be made.

The existing 6 titles have been subdivided in a way that will make each of the 25 lots marketable for individual resale. Ranging from 40.22ha (99 acres) - 68.43ha (169 acres), it is believed they could realise between $180 000 - $220 000 each.

Government regulations now prohibit the subdivision of rural land into less than 100ha (247 acres). This is one of the few remaining properties in the region with approval to sell 100 acre blocks individually and take advantage of the projected population growth over the next decade.

The Decision Notice is valid until March 2012 and a short term income could certainly be derived by grazing the property in the interim. Furthermore, Lot 143 has been registered and can be sold immediately if necessary.

Approximately 1500 acres comprises open, cleared grazing country. A number of gullies traverse the property, many with permanent water holes.

Improvements include:
- Power connected to Lot 143 & power lines cross the property on a number of other proposed lots
- 2 sets of timber cattle yards- each with crush and head bale
- Rustic weekender - power and phone connected, toilet, laundry, shower, kitchen and living area
- 4 bay shed + chook pen (adjacent to weekender).

The property is presently running 90 head however is not at capacity and has carried increased numbers in the past.

An Information Memorandum is available upon request. Please contact Danny Bukowski on 0427 007 116 or Mike Ostwald on 0429 008 491.

Inspect: By appointment

Auction
10.30am 4th December 2009
Lvl 5, 123 Eagle St, Brisbane