MOUNT LARCOM IS ON THE MOVE

By October 23, 2018Investing Tips

To some, Mount Larcom has always lived in the shadow of Gladstone’s limelight, however the pretty little town is on the move!

Recently the township has welcomed the new PUMA service station as well as news of the proposed Ammonia Plant and Abattoir set to commence 2020.

Properties are affordable with plenty of wide open spaces, parks and the convenience of town services, shops and schools on your doorstep.  Only half an hour away from Gladstone and up the road from Calliope, Mount Larcom provides a tree change away from industry.

Surrounding Suburbs

Mount Larcom is closely situated near Machine Creek, Raglan, Darts Creek and Ambrose.  Rockhampton is also just 40 minutes north of the town so there are plenty of options for people in relation to employment, recreation and community.  The Mount Larcom Show is on every year and draws a terrific crowd from within the region.

Ammonia Plant

Proponent Australia Future Energy Pty Ltd has proposed a $1 billion coal gasification plant designed to convert coal into ammonia, synthetic natural gas and electrical power.

Expected project completion is 2022 with approximately 800 construction jobs over two years and 200 jobs once the project is operational.  The location is 15km north west of Gladstone, only 15 km from Mount Larcom and within the State Development Area.

Abattoir

A high-tech abattoir in Gladstone is set to deliver 308 construction and 335 operational jobs after Queensland’s independent Coordinator-General approved the development application for Asia Pacific Agri-Corp’s $308 million project.  Also located in the State Development Area, the precinct is a defined area of land dedicated for industrial development and materials transportation and infrastructure.

Property Market

More buyers are finding confidence in the Mount Larcom property market due to the low entry cost to market and future potential for capital growth and development.  Buyers are considering redevelopment projects, land for agistment and farming as well as renovation projects.

The listing at 54099 Bruce Highway, Machine Creek for $355,000 has had plenty of interest however, lending with banks has made it difficult to complete a contract.  Buyers should be prepared with a good deposit and speak to their preference financier with experience in rural residential lending.

Set on two titles, 13-15 King George St is in the heart of Mount Larcom and boasts a beautiful lowset brick home with a detached duplex over two acres.  This is the ideal lifestyle property for buyers looking to either live in one and rent the other, or to house their extended family.  Priced under $400 thousand, the property represents excellent value for the area and in the market.

Commercial & Business Opportunities

356 Mt Larcom Bracewell Road – Kennels & Lifestyle Property – Tenders Close 9th November

Only a stone’s throw from the centre of town, 356 Mt Larcom Bracewell Road is a registered dog kennel and working property with horse stables, arena, cattle yards overlooked by a homestead with views of the mountain and surrounding landscape.

Tenders close on 9th November 2018 and there has been good interest in the property from both retired and working families looking for a lifestyle property that offers both a tree change and business income.

We always welcome the opportunity to chat to new clients about their property within Mount Larcom and surrounds.  Please get in touch with Jenny if you would like more information.