223 Stuart HighwayPine Creek NT 0847
Property Details for 223 Stuart Hwy, Pine Creek
Last Listing description (October 2024)
Phone enquiries - please quote property ID 12265HIGHLY PROFITABLY BUSINESS (MANGO PLANTATION)STAFF IN PLACEGUARANTEED NO FLOODS AND NO DROUGHTSLocated on the Stuart Highway 230km south of Darwin & 90km north of Katherine.Close to Pine Creek, a small township with a mining history, 2 local pubs, race club, golf club, council services, primary school, high school bus to Katherine daily, sporting facilities etc.Houses & Packhouse are approx 1km from highway via a sealed internal road.TOTAL AREA SIZE 95.82 HA FREEHOLD'PROFITABILITY'2010 Profit (PRICE EARNING RATIO) 9 ($600,000).......2017 estimate profit (PER) 4.5 ($1,350,000).no other Horticultural Business in Australia can match this return on investment. Power is supplied from Power & Water grid. Two separate supplies are connected, both with 100amp x 3 phase. Plenty of water from 8 recently deepened dams & 3 weirs.Total plantation 6250 mango trees includes 3230 mature trees. Plantation is seed weevil free allowing mangoes to be sold exclusively into the Perth Market at a premium price. Nett $ yield is 80% above average NP prices. Good all weather sealed road internal & external - road trains carrying mangoes don't leave the bitumen.Well above average infrastructure - plant & equipment near new or maintained to highest standards, said to be the best in Australia. Full inventory list available on request.Price includes 4 bedroom, 3 year old family home plus 3 bedroom upmarket home including office & inground swimming pool. Work accommodation site for approximately 30 seasonal workers.Full cycle transition + trained people in place that will go with the business.This is your opportunity to purchase a winning business with high accreditations & standards.IDEAL FOR INVESTORS!Everything in place ready for new owners to earn healthy $$$$.Call owner today to find out more.
Property History for 223 Stuart Hwy, Pine Creek, NT 0847
- 22 Jan 2020Listed for Sale $5,500,000 Negotiable
- 30 Mar 2016Sold for $2,700,000
About Pine Creek 0847
The size of Pine Creek is approximately 402.1 square kilometres. It has 6 parks covering nearly 0.1% of total area. The population of Pine Creek in 2016 was 328 people. By 2021 the population was 318 showing a population decline of 3.0% in the area during that time. The predominant age group in Pine Creek is 50-59 years. Households in Pine Creek are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pine Creek work in a managers occupation.In 2021, 45.10% of the homes in Pine Creek were owner-occupied compared with 39.30% in 2016.
Pine Creek has 207 properties. Over the last 5 years, Houses in Pine Creek have seen a 43.72% increase in median value, while Units have seen a 39.49% increase. As at 31 December 2025:
- The median value for Houses in Pine Creek is $242,614 while the median value for Units is $530,852.
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