“Saddleback Aggregation” CANUNGRA, QLD 4275

Under instructions from Mr Matthew Joiner and Mr Ken Whittingham of PKF as Receivers and Managers, Ray White Rural offers "Saddleback" as a whole or in separate parcels as specified below.

Location
Saddleback is within 5km of Canungra and 25km from Nerang. The property has access from Upper Commera Road, Toe Holt Road and Darlington Range Road.
Canungra has a quiet village atmosphere and local shopping and rural services. There are schools at Canungra and buses to private schools in the area.

Saddleback is approximately 45 minutes from the Gold Coast and 70 minutes from Brisbane.

Services
Telephone and Electricity are connected to lot 10 on RP 866564, lots 1 and 2 on RP 901269, and lots 7 and 8 on RP 901269.
School Buses are available at Upper Coomera Road

Water
The property has frontage to the Coomera River which is permanent. There is a pump on one of the major waterholes which pumps to a tank and gravity feeds to tanks and troughs on the surrounding paddocks.
The plateau has approximately 11 dams which are mainly thought to be spring fed. Many of these dams are fenced off and serviced by troughs. There is also a number of springs and smaller dams. A creek also runs through between Toe Holt Road and Darlington Range Road. There is also a dam on Darlington Range Road that can be fed by the Spring on Lot 9 to service the upper shelf.

Land
The land East of Upper Coomera road comprises rich alluvial flats. The country was used for irrigated crops and pastures for the Jarema Dairy. Lot 8 has underground mains in unknown condition. There are 5 titles in this area.

Between Toe Holt and Darlington Range Roads the country comprises rich volcanic soils and improved pastures on the Southern end. There are 4 titles in the lower area and 6 titles toward Darlington Range road and the Toe of Saddleback The country changes from kikuyu to native grasses. Lots 34,35 and 61 have large stands of hoop and bunya pine and various eco systems throughout. Cattle graze this country in the open cleared areas; however there is regrowth that will need maintaining.

Saddleback Mountain Plateau comprises the remaining 5 titles and consists of volcanic red and black soils. This area has been selectively cleared and has improved pastures

Improvements
Lot 10 on RP 866564, lot 61 on W312489, lot 1 on RP 901269, and lots 7 and 8 on RP 901269 have 6 homes, 5 of which are currently used. There is also a disused farm cottage on lot 9 RP 901270. The property is serviced by 3 sets of cattle yards, various machinery sheds and hay sheds.

The plateau (lot10 on RP 866564, lot 25 on RP 36859, lot 36 on W 311683, and lot 48 on W 312309) have 2 of the homes (currently used) which enjoy views. Both have double lock up garages and the main house has an in-ground pool.

A log cabin home of 3 bedrooms situated on lot 61 W 312489 is currently vacant and requires work. The 3 other homes are the original timber farmhouse, a brick home and a small workers cottage located on lot 1 on RP 901269, and lots 7 and 8 on RP 901269.

Most fencing on the property is 3 and 4 Barb

The estimated carrying capacity of between 400 and 500 head depending on season and conditions.

Area and Titles
Saddleback Aggregation comprises 22 individual titles totalling 781.951 hectares.

For parties wishing to submit offers on parcels of land within the Saddleback aggregation, offers for the combinations of land parcels will be considered:-

A)
Lot 10 on RP 866564
Lot 36 on CP W311683
Lot 35 on RP 36859
Lot 48 on CP W312309
Lot 34 on RP 36859
Lot 36 on RP 36859

B)
Lot 61 on CP W312489

C)
Lot 7 on RP 901269
Lot 8 on RP 901269

D)
Lot 45 on RP 36858
Lot 36 on CP WD3323
Lot 17 on CP W311369
Lot 371 on CP WD 3324
Lot 8 on CP W31574

E)
Lot 1 on RP 901269
Lot 2 on RP 901269
Lot 3 on RP 901270
Lot 4 on RP 901270
Lot 5 on RP 901271
Lot 6 on RP 901271

F)
Lot 9 on RP 901270

G)
Lot 10 on RP 901271

* Lots 3 and 4 on RP 901270 and lots 5 and 6 on RP 901271 are not fenced to state.