Massive rural property sells for more than $1.2M
A rural property at Emerald has sold to a Central Queensland family for more than $1.2 million.
The near 20-acre property at 565 Talafa Road sold on March 4 through Ray White Emerald.
Ray White Emerald co-owner Mark Muldrew said the property sold to a family that used to live at Emerald and was moving back to the area from "down south".
Mr Muldrew said the property was "quite popular" and saw a lot of interest in the months before it sold.
The property, which was located about 10 minutes from Emerald, boasted two homes, a large 20-metre by 7-metre shed, in-ground pool, landscaped gardens and a dam.
The main house boasted five-bedrooms, a large ensuite with separate toilet, media room, separate living area, dining area, office, study, kitchen with butler's pantry and large covered entertaining area with a built-in barbecue.
The second house boasted two-bedrooms with an open plan living area, modern kitchen, veranda, and concrete patio, as well as a two-bay carport with lock up workshop and shed.
Mr Muldrew said what attracted the family to the property was "the quality".
"It's close to town and you also have the 4-megalitre water allocation as well," he said.
"With the second dwelling, there is also the option to rent that out and get a bit of income."
He said the sales market in Emerald was "very buoyant" at present.
"With low interest rates it's a great time to be getting into the market," he said.
"The rental market is very strong as well.
"The rental prices are going up so that is pushing a lot of people toward buying."