323 Swan Bay Road East Coraki, 2471 NSW

MID RICHMOND RIVER CROPPING COUNTRY

139 acres of fertile, laser levelled cropping land only 7km from the village of Woodburn.

Currently growing a combination of dryland rice and sugar cane the land would be open to any form of cropping including soya beans or nut farming and alike.

As stated by the Natural Rice Company, 'the rich fertile soils, high rainfall and the warm sub-tropical climate are the ideal conditions for eco-positive farming to produce the highest quality rice.'

The property is an 'L' shape with approximately 380 metres of direct road frontage to Swan Bay Road. As stated the property has been laser levelled, draining back to Yaeger's Drain.

Access with machinery is no problem with machinery access via a gravel laneway on the south eastern corner and an alternate access on the northern end off Swan Bay Road.

This paddock was inundated by the flooding in 2022 however it has had little effect with the current crops in excellent condition.

There is approximately 70 acres of the property planted down to dryland rice with the paddock averaging approximately 3 tonnes to the acre and with the current estimations that world-wide rice production will need to increase by 25% over the next 25 years to meet global demand this would be an ideal time to invest in the rice industry in the Northern Rivers.

This is a quality piece of country in a very popular area.

For Sale $1,390,000

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Inspection of this property is available strictly by arrangement only.

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