Property Details:
Size: Approximately 18.62 hectares.
Frontage: Located alongside the Bruce Highway with picturesque river frontage.
Commercial Facilities: This property offers around 1000 sqm of shed space, including a workshop shed, hay shed, 6-bay parking shed, and more.
Cold Room Storage: Featuring 200 pallet space cold room storage with 2 cold rooms and an anti-dock cold room with 3 airlock loading docks powered by electric hydraulics.
Power Supply: Boasts a substantial 100 kVA of inlet power through 3-phase electricity.
Accessibility: B-double access from the Bruce Highway at Innisfail, conveniently located just 2 km from the upcoming service center.
License: This depot holds a license as a rural service industry provider with the CCRC.
Income Opportunities:
1. Main Farm House: The main farmhouse generates rental income, typically rented at $890 per week, with an upstairs unit for $400, a downstairs unit for $340, and an additional $150 for storage in the shed.
2. Frog on Banana: This property also features a fruit and vegetable retail shop, which could potentially yield $450 per week in rental income.
3. Cane Farm Lease: The cane farm lease adds another stream of income, worth approximately $300 per week, or $15,000 per year. The current lessee covers outgoings, and the land rates are secured until 2025.
4. Freight Depot Cold Stores: Currently, the cold stores are rented to Follomont Transport at $1500 per week, providing a consistent source of income.
No encumbrances on this property, offering a pure freehold sale.
This remarkable property along the Bruce Highway, with its impressive size and diverse income streams, is a rare investment opportunity. Its commercial facilities, cold storage capabilities, and prime location make it ideal for various business ventures. Additionally, with existing income from the farm and main house, this property promises both potential and immediate returns on investment.
For more information or to schedule a viewing, please contact Kate Fern from Powerhouse Property on 0477701502 to book your private inspection today!
Don't miss out on this incredible real estate opportunity!
