Price: $870,000.00

ON the market is 41 acres just ten to fifteen minutes south from Coffs Harbour city and airport.

With easy access, the property features a combination of cattle pasture, fish farm development opportunity and natural bush with a salt water creek as the rear boundary.

The acreage is home to the only saltwater, approved and licenced aquaculture facility in the three LGAs of Bellingen, Coffs and Nambucca.

The property boasts six established dams plus a long tailings dam, each dam with connected three phase power and piping from the tidal river.

The dams formally produce tiger prawns but are licenced for a variety of salt water fish and have the potential for seaweed production.

Current operational licences are in place with the Department of Primary Industries Fisheries, the EPA and the Lands Department.

The aquaculture facility requires knowledge in fisheries or marine science, and this expertise is available locally.

Currently carrying over 30 head of cattle, deep alluvial soils support pastures that hold up well in dry times with reticulated town water connected to two cattle troughs on property.

Internal fencing.

Development under agritourism in association with aquaculture may be permitted subject to consent along with tourism potential.

The owners have held discussions regarding saltwater fish research using the dams on the property.

The owners are retiring and price calculation is based on Valuer General’s UCV ($720,000) – unimproved land value plus 30 percent of the replacement cost of the infrastructure and approvals.

Contact Jim Auld 0428 500 845 or Peter Auld on 0429 866 689.