218 Stoneleigh Road, Upper Stone QLD 4850

Property Address
0 & 218 Stoneleigh Road, Upper Stone, QLD 4850

Location
Upper Stone is a sparsely populated cane farming community located approximately 20 minutes drive west of Ingham, just over 1 hour north of Townsville and 3 hours south of Cairns.
The Ingham area is one of the few agricultural areas in Eastern Australia with a positive outlook. The price of sugar is good and has been for some time. The water supply is excellent and the growing climate has been fair to good for the past two years.

The subject properties are favorably located on the eastern side of the Stone River which forms the longest boundary of lot 2. The average annual rainfall for the area is 2046mm. This year the Upper Stone is experiencing unseasonal rain during the winter month with a total rainfall so far of 1,495mm since January 1 and in excess of 100 wet days all up.

Order of Sale
Lot 1
Lot 3 on Registered Plan 736882
Area 148.1ha* (365.8c*)

Lot 2
Lot 2 on Registered Plan 736882
Area 47.62ha* (117.6ac*)
Lot 1-2 on Registered Plan 746691
Area 70.55ha* (174.25ac*)
*approximately

Land Use
The properties have a combined area of approx. 266.8ha (approx. 658.9 acres) on 4 separate titles. Approx 70ha is currently under cane most of which is first year or first ratoon. A further area of cane of approx 20ha is available for planting. The remainder of property is cleared grazing land and timbered suitable for grazing.

Total Land 266.8ha* (658.9ac*)
Cattle Grazing 86.23ha* (213.17ac*)
Improved Pastures Area 38 ha (95ac)
Cane Farming 101ha* (250ac*)

Improvements
Improvements and features include the following:

Lot 1
There is a recently completed modern 3 bedroom plus study home with 2 bathrooms, open plan living, air conditioned and surrounded on 2 side by a covered timber deck with superb elevated views of the Herbert Valley, There are two solid brick ex tobacco kilns one with a large shed attached & a three bedroom house incorporated into one half of the building which have bays ideal for storage.

Fencing has been substantially renewed since Yasi with lanes built to facilitate mustering to new steel cattle yards which have an incorporated scales/crush which are under cover. Current owner has recorded weight gains of over 1.3kgs per day on improved pasture.

Property has a huge deposit of clean decomposed granite suitable for road base which has been easily sold on an annual volume basis.

Lot 2
Modern lowset four bedroom brick main residence with study, 2 bathrooms, tiled & air conditioned throughout, open plan living areas and a timber kitchen, four bay shed not far from main residence.

There is a 300meg dam is never empty (approx 19 metres deep) which fills each year approx twice over. Dam is used to irrigate approx 26ha and more is available with further development.

The Stone River runs along the inside of one boundary and provides a permanent source of water, electric submersible pump from Stone river fed water hole supplies water to two 10,000 gallon tanks which supply all paddocks with stock water and house garden supply. Property has a high flow license to Stone River, a further river license and has a 15000 gph bore on the property.


Plant and Equipment
The following plant and equipment will be available for purchase post auction at a plant and equipment sale.

JD8300 Tractor
Twin city Tractor
Barton Air Seeder
Milne Slasher
Shearer Discs
Irrigation Pipes
Hard hose travel
Laser bucket
Spray Rig
Kawasaki Quad
Sundry Equipment
Water Tank
Molasses Tank

The subject properties are to be sold by public Auction. They are to be offered up separately. The order of sale is as follows:

Auction Lot 1
Lot 3 on Registered Plan 736882 Area 148.1ha* (365.8ac*)

Auction Lot 2
Lot 2 on Registered Plan 736882 Area 47.62ha* (117.6ac*)
Lot 1-2 on Registered Plan 746691 Area 70.55ha* (174.25ac*)


The Auction details are follows:

Lee's Hotel Lannercost Street, Ingham - Rear Function Terrace

Thursday 11th September 2014

Terms and conditions of the sale are as follows:

Cash unconditional, 30 day settlement with a 10% deposit to be paid upon the fall of the hammer.

A copy of the contract can be acquired from the marketing agents:



Craig Currie
Ray White Rural Townsville
3/58 Blackwood Street
PO Box 868
Townsville Qld 4810
Ph: (07) 4721 2000
Fax: (07) 4721 3751
M: 0428 149 000
E: [email protected]



Historical Production records, maps and plans are also available upon request.