Agri-business Benefits
In Glen Innes Highlands we have some of the best basalt grazing country in Australia with a relatively high rainfall of 856mm and this tends to be higher towards the east with closer to 1000mm annual rainfall.
Rural and semi-rural prices will vary depending on the soil quality. The soils in the region tend to be either red, chocolate brown or black basalt around Glen Innes and Glencoe, loamy granite and basalt mix as you head further east, and lighter granite and trap rock, clay based soils as you head north. Carrying capacities are around 1 cow per 3-5 acres.
For those coming from most other regions the carrying capacity of livestock justifies the higher acreage prices per acre. Many farms are inter-generational and are often tightly held onto. Some farming is done around Glen Innes with varying crops from corn, oats and soybeans produced.
Fat lambs, wool and beef are the main livestock along with multiple horse studs. There are some poultry farms, beef feedlots and piggeries in the area along with fruit and vegetable productions. The variety of options for land use are all factors driving rural land prices. There are also forestry interests in the area.
Businesses For Sale
Glen Innes has some retail premises for let or for sale in the main shopping centre and around town at affordable prices.
As an example of price - A current café at the southern end of the main street which holds 36 people inside and a further 20 outside, a single car garage out back, rear lane access, large storage area and a 2 bedroom fully furnished unit above is for sale (walk in walk out) for $400,000.
For more information contact the local commercial real estates listed below.
Industrial Premises
Thinking of something larger? Glen Innes Highlands has plenty of land and water available to growing or larger businesses.
To give you an idea of price - Industrial premises start from $66 per week for 33m2 shed bays, $275 a week for an Industrial Unit with 3x3 office space and 15mx12m Industrial space with mezzanine, and $550 a week for larger spaces with carpeted offices, 3 phase power and 360m2 industrial space.
For more information contact a commercial real estate below as well as the Glen Innes Severn Council.
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