159 McBrien Road East Coraki NSW 2471
For Sale $1,150,000
- Property Type Mixed Farming
- Land area approx 47.08ha
- Region Northern Rivers
- Locality Lismore
MIXED FARMING OPPORUNITY - EAST CORAKI
Dryland rice and cane growing property located in the mid-Richmond river area.
Approximately 115 acres in size, the property contains 85 acres of rice, 15 acres of cane and approximately 15 acres of land suitable for livestock.
The property is laser levelled falling towards nearby flood mitigation drains.
The property has two access points, one on Swan Bay Road the other off McBriens Road. Easy machinery access.
Property averages three tonnes to the acre of rice with some years the yields are near four tonne to the acre.
The Northern Rivers has been recognised as an ideal rice growing area due to its climate, high rainfall and fertile soils. With demand for rice expected to exceed by 25% this would be an ideal long term investment property.
It should be noted a 139 acre (56.6Ha) property only 600m away is also for sale.
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