Presenting a great land acquisition opportunity in the tightly held Manypeaks location.
404.9ha this quality property has 291.6ha under blue gum plantation lease with final harvest no later than late 2025. It would be estimated that approximately 330ha could be grazable if reverted to pasture.
Current annual income of $108,000 + GST, which is paid quarterly and reviewed annually.
The soil types are predominately lighter country to the west and gravelly loam on the planted areas
Water is in abundance from several dams including a large spring-fed dam and an unequipped bore.
Only 49km to Albany, this is a proven reliable grazing location with a long-term rainfall in the vicinity of 670mm (source BOM).
A prime property in a well-regarded location in the Great Southern, properties are rarely available here and are highly sought after.
For more information or to arrange an inspection please contact Simon Thomas at Elders Rural Real Estate on MBL 0407 380 365.
For sale by Expressions of Interest By Formal Offer Closing on Thursday 2nd March 2023.
