Lot 725, 2.1ha & Lot 726 2.16ha, back onto the Clohesy River & will be sought after!
Only Two Lots are available For Sale via Auction, on-site, on Saturday December 11th, 11.30am at The Koah Hall, 322 Koah Road, Koah.The two lots have Koah Road on its Eastern front boundary & the Clohesy River at the Western rear boundary.The ground is relatively flat, with a gradual fall towards the river. It is mostly all usable except for a stand of trees that grow adjacent to the riverbank.Soil is mainly a sandy loam, free draining & ideal for horticulture/gardens, domestic use.Here is a place to grow your family & your Dream home.Kuranda School Bus goes past the front entrance. Buses to various Mareeba schools depart on Koah Road, opposite the Koah United Servo.Koah is a popular place to live. The local Koah hall is very active, with many fun events & regular monthly markets.There are several potential house sites with riparian Rights included.What are Riparian Rights, you ask:The relevant Government Department has confirmed that the land holds Riparian Rights to pump/take water from the Clohesy River for domestic use only (not for any profitable gain). Anyone who owns the property will automatically have this right. There is no documentation relating to such nor does such have to be transferred.Please refer to this link regarding buying property at auction.https://www.qld.gov.au/law/housing-and-neighbours/buying-and-selling-a-property/buying-a-home/ways-to-buy-your-home/buying-at-auctionMain Points of buying at auction are:
1. There is No Cooling Off Period
2. All Bidders require to be identified & registered. Please bring with you your Driver’s Licence. Unregistered bidders are not allowed to place a bid.
3. Registered Bidders will be given a “Numbered Baton”, with which they indicate their bid.
4. The Successful bidder will be required to pay a Deposit of 5% of the purchase price to a Trust account.
5. Please make certain that your Finance is Approved Prior to the auction, as a Cash settlement of the sold lot will occur within 30 days of contract date.
Contract Of Sale:
A sample Contract of Sale is available on request. Please discuss this purchase with your solicitor.
In addition, your attention is drawn to Page 5 of The sale Contract: “Gst Withholding Obligations.”
Please note that the Buyer is to complete the first question. This will depend on the Buyer’s plans for the property and is to be completed and warranted by the Buyer in accordance with advice from the Buyer’s accountant.
Please obtain advice from your accountant in respect of your Gst Withholding Obligations.
Open Homes at the land: Saturday & Sunday 1 to 2pm.
Auction: December 11th, 11.30am at The Koah Hall on 322 Koah Road, Koah.
See you there!