89 Rowe Road, FERNY GLEN, 4275, Queensland

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Subject: 89 Rowe Road, FERNY GLEN, 4275, Queensland

For sale

$1 650 000

Saint Martha's - 88 acre ex dairy farm with 2 homes on the Coomera River

Property ID: 19998142

This unsurpassed, beautiful cattle and horse property is located just seven minutes away from the popular town of Canungra in the Gold Coast Hinterland. The Gold Coast and Pacific Highway is a comfortable 20 – minute drive and Brisbane City just one hour away.

The 88 acre farm has two homes; one is a well maintained, highest Queenslander with two bedrooms, a sleep out and dual parking under the house. The second house is a modern, four bedroom two bathroom luxury home, architect designed incorporating Feng Shui principles. It features high ceilings, multiple verandas, views from every room, stainless steel kitchen appliances and granite worktops, ducted zoned air conditioning, a modern fan forced wood fire place and bamboo flooring.

This property has amazing views down the valleys of Ferny Glen, with a backdrop of Beechmont and Tamborine Mountain.

Saint Martha’s was originally a thriving dairy farm situated on approximately 1 kilometre of the crystal clear waters of the Coomera River, sourced from Lamington National Park. A sparkling swimming hole just below the main house is the perfect spot to relax during these warm days. The property’s rich volcanic soil facilitates the growth of healthy crops and lush pasture.

Infrastructure includes seven post and rail paddocks, seven stables plus a tack room, a five bay machinery shed, a four bay Colourbond lock-up shed, a cattle crush, holding yards, round Yard, a dairy shed, cream storage shed and two storage sheds. Paddocks have underground water piped with a high capacity, on-demand river water pump.

There is additional investment potential to use the property as a farm stay with town planning zoning allowing 6 holiday houses to be constructed on the farm returning a possible 15% immediate net return. 6 cabins are calculated to return an estimated $90,000 pa net.

This is a serene part of the Gold Coast Hinterland where eagles fly and platypus swim, all within easy reach of the Gold Coast and Brisbane.

Land Area88.3 acres

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