UNIQUE LAND USE OPPORTUNITY $870,000.00

RURAL ACREAGE NEAR COFFS HARBOUR - UNIQUE LAND USE OPPORTUNITY $870,000.00

41 acres {approximately 16.6 hectares) just 10 to 15 minutes south of Coffs Harbour city and airport. (see drone video attachment)

The only salt water approved and licenced Aquaculture facility in the 3 LGAs of Bellingen, Coffs Harbour and Nambucca Valley.

6 established dams plus long tailings dam, each dam with 3 phase power connected and piping from tidal River.

Dams formally producing Tiger prawns but licensed for a variety of saltwater fish and potential for seaweed production.

Currently carrying over 30 head of cattle, deep alluvial soils support pastures that hold up well in dry times.

Current operational licenses with Department Primary Industries (fisheries), EPA, Lands Dept.

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

Reticulated town water is connected to two cattle troughs on property.

Development under Agritourism in association with aquaculture may be permitted subject to consent along with fishout tourism potential. One-third developed for aquaculture under the allowable area in the DA.

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

Owners retiring and price calculation is based on VGs UCV ($720,000) - unimproved land value plus 30% of replacement cost for infrastructure and approvals. Agents interest declared.