2670 Bungawalbin Whiporie Road, Gibberagee NSW 2469

Bungawalbyn Plantation (Tea Tree)
GIBBERAGEE, Northern Rivers, NSW

THE PROPERTY
Set in a beautiful and tranquil location, this beautiful 48 hectare property is teeming with wild life. It borders the famous Bungawalbin Creek and provides easy income from well-established tea tree oil production. It is just 40 minutes to Evans Head beaches and 50 minutes to Lismore, Grafton and Casino...and the school bus stops at the front gate

Of the 30+ cleared hectares, 9 are planted to tea tree (melaleuca alternifolia) which currently produces over 1 ton of essential oil annually plus 300 to 400 cubic metres of sought after tea tree mulch. A further 12 hectares has been prepared for expansion of the tea tree plantation. Remaining headlands and pasture support a small beef cattle herd (about 20 head), the property is fully fenced and ideally suited to organic certification due to its isolation.

There is an abundance of water from a large, deep dam (about 10 megalitres) with adjoining filter pond, providing an ideal habitat for aquatic life. A large floating pontoon has been installed for fishing and swimming and the dam is stocked with silver perch. There are also established rights for stock and garden watering from Bungawalbin Creek.

The riparian zone along Bungawalbin Creek is mostly dry rainforest species, fenced and restored. The property is surrounded on all sides by beautiful forests.

HOUSE
Elevated 2/3 bedroom home with verandahs on 3 sides give excellent views over the property. Fully solar powered with modern equipment (specifications available).

First Floor
2 large bedrooms, 16 square metres each, one with walk in robe and dressing area.
Open plan lounge and dining area adjoin large, timber clad kitchen.

Ground Floor
Internal stairs from living area give access to ground floor with large office and area for third bedroom. There is a laundry and 2nd toilet and undercover car spaces for 2 vehicles.
2 water tanks provide 45,000 litres of storage.

MACHINERY SHED
21 X 9 metres, shed includes a 5 bay plus workshop and service ramp, also contains boiler and distillation plant for tea tree oil production, exterior shed houses a diesel generator, 3 phase 12 kva.

Large stockyard with crush and loading ramp in near vicinity

THE PROPERTY
PRICE: $475,000 - plus farm equipment as required