Boasting the largest flat parcel of premium land on the tightly held Fairy Hill plateau.. The property commands an enviable position. Perched high on the frost free plateau and spanning a sizeable 151 acres with vast development potential.
The property has frontage to the Summerland Way, between the towns of Casino and Kyogle. The site makes up a substantial amount of flood free land neighbouring the Council residential strategic footprint. This property provides the astute purchaser an array of endless possibilities.
Location
- Minutes from Casino's CBD.
- North Coast beaches less than one hour.
- Domestic Airport 1 hour, International Airport less than 2 hours, Brisbane Airport 2.30 hours.
- Opportunity for a residential subdivision (STCA) and land bank for the future.
- Magnificent 360 degree panoramic views of the landscape including the spectacular Border Rangers.
Services
- Minutes from the main business and service centre Casino with schools, rail, medical and sporting facilities.
- Easy access to markets and infrastructure.
- School bus, mail delivery, and waste removal services.
Development Potential
- Future subdivision potential as neighbouring land "Araluen" already approved for subdivision adjoins the existing Fairy Hill housing estate - Forest Grove, with potential for future integration.
- Perfect for residential lots, rural residential lots or commercial use (STCA).
- Potential for town water and sewage connection, with nearby infrastructure development.
- Located within Richmond Valley Council, with no bushfire, flood, or heritage overlays detected.
- Commercial horticultural ventures, ideal soil and climate. Neighbouring property is successfully growing blueberries in a lucrative commercial operation, being Mountain Blue Farms.
- Agri tourism opportunities, like farm stays / cabins, health retreat, farm tours, pick-your-own fruit or on farm restaurant - paddock to plate.
Growth and Opportunity
- The Northern Rivers region of NSW is forecast to be the fastest growing in NSW over the next 20 years (Regional Development Australia). There continues to be a significant gap between the supply of residential housing and the demand for affordable supply. The opportunity at hand is situated in the township of Casino, a 30-minute drive from Lismore. The town of Lismore was inundated with the floods and weather events of 2022, putting further pressure on the housing crisis and highlighting the need for affordable housing in the area. Further, Casino is a town identified as an employment and logistical hub for the coming decades, with a domestic airport and rail line.
- Leverage the property's proximity to the South Fairy Hill residential area (Summerland Estate) with the development projects creating approximately 1600 - 2000 residential lots, a number of rural residential lots and a commercial precinct.
- Potential for dual occupancy, with a dwelling entitlement attached to the property. A level building site has been developed which has power, water and septic available.
Agricultural Potential
- Strong agricultural history, having previously grown tea commercially in a government run operation, commercial peanuts, soybean, corn, oats, and hay.
- Fertile soils suitable for diverse crops, including blueberries, avocados, citrus, mangoes, and more.
- Existing infrastructure for hay production and cattle grazing.
- Conversely if you want to run breeders, fatten steers or grow fodder, this property represents a chance to add a proven cropping paddock to your portfolio.
- The current owner has developed the property by adding to the already laser and contour levelled paddocks by investing all the capital and infrastructure to operate the farm. A massive undertaking which must be acknowledged considering the scarcity of prime rural holdings combined with quality land, soils and most importantly water security.
Water Security
- Water is a feature of the property. This area is renowned for a very secure water supply from the underground water table. The water has been tested and is extremely pure, analysis available.
- Every inch of this fully arable fertile land can be irrigated from the 5 irrigation bores, 5 inch underground mains with risers and 88 megalitre irrigation license. An additional 12 megalitres available by negotiation.
- The associated water license conditions enable the use of water at any rate and time also with the ability to carry over water from the previous water year.
- 2 domestic stock bores with windmills.
- 3 x 5000-gallon potable water tanks.
- Average annual rainfall of 1400mm.
- A suitable location is available to add a spring fed irrigation dam if required, (non metered) subject to relevant harvestable rights limits.
- Water security for all year round production.
Infrastructure and Improvements
- Three-phase electric power supply.
- Massive open-front hay and machinery shed 42m long x 20m wide x 4.2m high, comprising 7 x 6m bays with galvanised steel truss frames.
- This is complimented by an enclosed colorbond workshop 18m long x 15m wide x 3.6m high, comprising 3 x 6m bays with galvanised steel frames and industrial roller doors. It has a 5 inch concrete floor and comes with an approved office space.
- The fully insulated office space spanning the rear 3 metres of the shed has 3 x 3.6m rooms. Each room has a window, ceiling fan and vinyl plank flooring.
- A stylish bathroom including toilet and shower facilities and a large separate kitchenette area.
- Plenty of additional storage space is available in the mezzanine area above these rooms.
- Waste water and sewerage run out to an onsite septic system - all council approved.
- Steel cattle yards with veterinary crush.
Highlights
The property presents an outstanding opportunity to secure a quality holding in a highly sought after location in the Northern Rivers. Soils, water, views and lifestyle. Ra
