136 Zunkers Road Hampden QLD 4741
$950,000.00

DESCRIPTION

Phone enquiries - please quote property ID 31780.

This land has a standing crop of high-value trees planted from 2003 onwards with some ready for harvest. These are all high dollar-yielding timbers as described below. This timber will be maturing fast from now on and a good income will be able to be derived from it from time to time. It is in a perfect location and close proximity to the city of Mackay where there are great employment opportunities in a variety of industries. This is an opportunity to take advantage of the maturing timber to harvest and mill on the property and either sell the timber or manufacture high class furniture on the property to market in a broad market place. Anyone with woodworking skills will be able to take a great advantage of these trees.

The Copaiba trees of which there are over 300, when thinned back to around 200 or less, will reach their productive phase within a few years and the medicinal oil harvested from them will possibly eventually pay off the mortgage by itself. The oil from them sells on Ebay Aust from $60 per 15 millilitres down to a low of $350 per litre at the time of writing. They are known to yield up to 40 litres of oil from a mature tree per year. That would project as 40 X $350 giving something like $14,000 per year per tree as earnings from the Copaiba trees alone. There is very little competition in this field in Australia yet and no major plantations in this country. The seed is worth just under $1000 per KG (roughly 1300 seeds ) and the timber is worth well over $1500 per cubic metre due to its attractiveness and rarity.

This property is bounded on two sides, west and north, by Constant Creek and on the southern side by Zunkers Road. It is in an all-white vegetation zone and is covered by an agroforestry development and Management Plan lodged with the Mackay Regional Council on 9th July 2003.

It was originally cleared of native vegetation right to the creek bank and sugar cane has grown on it since the 1950s. It went out of cane production in the 1990s and was sold to a sand and gravel merchant who stripped almost all of the topsoil from it and sold it to other land developments in the Mackay and Midge Point areas. The Jubow family bought it in 2003 and undertook environmental remediation practices on it and planted over 3000 trees on it to stabilise the soil and capture silt in an effort to regenerate it.

Plantation forest of approximately 10 acres
The species planted mostly high-value furniture timber from the tropics of Africa, India and South America, namely:-

1 - African Mahogany, 2 species – Khaya senegalensis and Khaya nyasica.
2 - Indian Red Mahogany, Chukrasia tabularis.
3 - Indian Pink Cedar, Acrocarpus fraxinifolius.
4 - West Indian Cedar or Spanish Cedar, Cedrela odorata.
5 - Copaiba Tree, Copaifera langsdorfii from South America.
6 - Leichhardt Tree, Nauclea orientalis, a local tropical species.
7 - Peach Leaf Cedar, Trema orientalis, a local tropical species.
8 - Indian Sandalwood, Santalum album

All of these species were chosen to plant on this block of land because of their value, suitability to the growing conditions and resistance to known pests and diseases.

Other improvements include:
* An elevated home building site, plentiful water from the permanent creek, 5000 Gal Rainwater tank and 9m x 15m shed including a 9m x 6m cottage added to shed.

SHED
* 1 Tonne overhead travelling crane
* 4.8m x 1.2m Mezzanine floor (removable)
* Fixed tool locker
* FWD 80 H.p, loader with Forklift tines on the quick hitch, 3-point linkage.
* 20 amp power points to suit 250 amp welders
* 15 amp power points
* 10 amp power points

COTTAGE
Kitchen, office, room, bedroom and bathroom
Electric fan-forced oven
1200-watt microwave oven
4 burner gas cooktop
200L Solar hot water system
INCLUSIONS: FWD 80 H.p. loader with bucket and Forklift tines on quick-hitch, Irrigation pumps,
4WD Husqvarna ride-on mower
Chainsaw slabbing sawmill

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.