190 McGilchrist Road, PALMWOODS QLD 4555

Sold $1,460,000

50 acres with Landscape Tree Farm

Listing ID: 18835174

50 acres of land in a central position on the Sunshine Coast. Mooloolaba beach is only 23 Km or a 24 minutes drive. Noosa is only a 45-minute drive while Brisbane International Airport is 100km away. At $1,500,000 the property is selling for just a little more than land value. Included in the sale is a small residence, sheds, machinery and 2,500 landscape trees that are growing in the ground and can be harvested and sold. The owners want to retire and have reduced the price for a quick sale.

Eudlo Waters tree farm was established by the current owners in 1997 and has been in operation for the past 21 years. Throughout that time, it has been supplying established landscaping trees to councils, developers, landscapers and private customers through South East Queensland. With the enormous development planned for not only the Sunshine Coast but the whole of South East Queensland, this sale offers a genuine opportunity to acquire a well-established business and take it to a new level of growth and development. It is the preferred supplier to the Brisbane City Council.

The land has an area of 20.06 hectares or 49.57 acres in area, is rectangular in shape and is accessed via McGilchrist Road. The property has two creeks running through it from south to north – Eudlo Creek and Acrobat Creek.

The soils are classified as brown Clay loam and sandy clay loam.
Grass types on the property are – Kikuyu grass, Paspalum grass, white Clover, Rhodes grass, carpet grass and green couch.
There are approximately 2,500 inground landscaping trees valued between $800 to $2,000 each and approximately 200 native fruit bearing trees. A full list of the tree types and an indication of price can be supplied to interested parties.

With any operation such as this water security is paramount. Irrigation and water supply on the farm is outstanding- 100 metres PVC underground mains run through the farm with 600 metres of 2-inch underground poly pipe fitted with inline filters as sub- mains with individual 19mm (3/4 inch) lines running along each line of trees. These lines are fitted with 8 litres per hour drippers for each tree and have flow taps fitted at the junction points with the 2-inch mains. Mains taps are also fitted to separate irrigation flows if required.

Water is accessed from the main dam and Eudlo Creek. Two current water licences are held in the property name allowing water to be taken from Eudlo Creek weir. This weir has approval registered with the local authority. Further water if needed can be sourced from the 3 smaller dams and 2 small waterholes. In the past this has never been necessary.

Irrigation Pumps consist of a Lister diesel pump in covered pump house, 2 small firefighter diesel pumps with housings and 4 electric pumps in covered pump houses.
The following sheds are located on the property-
• 4 car accommodation steel shed with loft and power -12 x 6m
• Palm patch steel shed with concrete floor and power – 4.5 x 3m.
• Main machinery steel shed with concrete floor, car lift, 3 phase power (plus add-ons of approx. 9 x 6 plus loft) – 18 x 6m
• Lock up steel shed with concrete floor – 9 x 6m
• Four steel shade sheds (with posts set in concrete) -6 X 6m each

In the past, the owner has grazed up to 15 head of cattle on approximately 15 acres on the eastern boundary of the property with supplementary feeding from off cuts from the farm. This area, would be highly suitable for expansion into a turf farm operation. There is also ample room for say the introduction a bagged tree stock operation and maybe the construction of hot houses for seedlings. A number of other nursery operations are located in the area.

There is a two-bedroom, one-bathroom comfortable cottage on the property located in a superb garden setting where the owners have lived since the establishment of the farm. The cottage is connected to two 20,000 litre rainwater tanks. This cottage would make an ideal managers residence. For those looking for larger accommodation then there are a number of excellent house sites to select from which will give good views across the property.

The property and business are being sold on a “Walk In – Walk Out” basis and as such all current equipment, permits and naming rights will go with the sale. A full equipment inventory can be given to interested parties.

There are only few inground landscaping tree nurseys in Queensland and as such this business is ideally suited to capture this growing market. With the unprecedented growth in South East Queensland local authorities, and developers will want to source established landscape trees from a reliable supplier such as Eudlo Waters Tree Farm. The future for this type of operation is strong and bright.

Land of this size and location is hard to find in today’s market and, will be even be harder to find in the years to come. The location gives easy access to the Bruce Highway (M1) via Exit 200 at Forrest Glen which is only a 9-minute drive away, while the Eudlo Railway Station is only 2.6 Km walk which allows for easy commuting to Brisbane.

The owners are selling due to ill health and retirement and as such this is a genuine sale with a genuine business opportunity. This property must be sold!

For full details and inspection contact the marketing agent – Greg Young 0488 23 89 88.
Your Sunshine Coast Farm Property Specialists.
Young Property Group – 07 5445 1800

Property Features
  • Other
  • 2 bed
  • 1 bath
  • 4 Parking Spaces
  • Land is 20.60 hectare
  • 4 Garage
real estate agent - Greg Young
Greg Young
Director / Marketing Consultant
0488 238 988

PO Box 638
Mooloolaba Qld 4557
07 5445 1800