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Back to search Home Countries Australia Mareeba 387 Fassio Road, Mareeba QLD 4880
$3,500,000

387 Fassio Road, Mareeba QLD 4880

387 Fassio Road, Mareeba QLD 4880
Rural

About this home

Property Details: • Type: Rural

• Bedrooms: 0 • Bathrooms: 0

Description: Without any doubt, this highly productive Banana Farm sits comfortably amongst Paddy's Green premium agricultural farms. An outstanding opportunity to acquire a fully developed operational Cavendish Banana enterprise with close to having 90% in line Morgan-bury soil. Located at 387 Fassio Road within the highly productive Paddy's Green region and close proximately to Mareeba town centre, offering level to slightly sloping country with perfect drainage allowing all year access throughout the entire farm. Approximately 51,000 Bananas trees all in production with an average tree age of 9 -10 years spread over 8 paddocks. An experimental orchard of some 4000 two-year-old keit mango trees under trellis a first of this growing method in the region, certainly exciting and without a doubt will soon become a leading method on growing fruit trees under trellis. A consistent performer with well above industry yields with an average of 1.7 cartons per bunch. This well-developed irrigation farm is supported by the regions 915 mm average annual rainfall. Irrigation license of 361 megaliters plus temporary transfers are all close by on the Mareeba-Dimbulah Water Supply Scheme. Sand filters along with fertigation systems and under tree sprinklers across the entire farm. The farm has been developed across to bananas over the past 9 years with all buildings and infrastructure upgraded extended and modernised to suite with no expense spared . The original clay brick homestead is in excellent condition and was master built approximately 15 years ago. The second homestead is also in excellent order and has recently undergone a complete makeover. With such an emphasis on World food production and also on Australian Tropical Agriculture, this WIWO sale represents a timely opportunity for investors or current growers to expand, diversify and/or enter into the lucrative Banana industry underpinned by a developing mango orchid under trellis with room for further expansion.. Full production and financial figures will be made available to qualified buyers. Private Inspections can be arranged by calling Exclusive Agent Andrew Rogato on 0418183444 or email [email protected]

Property facts

Property type
Rural
Year built
2024
Days on market
115 days

Location

Approximate location · exact address shared on inquiry

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