2021-01-18 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   18 JANUARY 2021




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GENERAL COMMITTEE MEETING AGENDA                                                             18 JANUARY 2021

                                                         ais

           COMMENTS                The subject property comprises two adjoining allotments of 88.35 Hectares. The
                                   parcel is heavily timbered partly flood prone land within 1.5 kilometres of Lake
                                   Cootharaba in the Noosa Hinterland. The owner advises he has a farm forestry
                                   permit and we have taken this into consideration in our assessment In our
                                   opinion in the current market conditions and having regard to limited recent
                                   recorded sales evidence of similar size parcels of land and the subject
                                   topography we consider a range of $880,000 to $960,0000 indicative.

           VALUATION               WE VALUE 325-375 LAKE FLAT ROAD, BOREEN POINT QLD 4565 AS
                                   FOLLOWS

                                                          $925,000 ($10,500/Hectare)

                                     (NINE HUNDRED AND TWENTY FIVE THOUSAND DOLLARS)

                                       woes Co           - a
                                       OG     °        gQ
                                    Ca            CF
                                            — <<     is

                                   Warren Walker AAPI
                                   Certified Practising Valuer/Registration No.1828.

                                                                                              Our Ref: 19-29

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