149 Hoods Road Glengarry TAS 7275

Approx. 257 acres in total, on two titles.

- 100 acres of pasture, lateral irrigation outlets installed and a 40 Meg water license,
gravity fed from onsite dam along with a 22 Meg water license for the little supply river.
- 70 acres of Niton plantation and appox. 87 acres of natural bush, ready to harvest
now. Approx. $200,000 + value of timber.
- Silica Gravel pit with some screened rock in various sizes and an opportunity to mine much more.
- 3-4 Bedroom country home in good condition with the tranquil Little Supply River running past the homestead.

With gently undulating paddocks, grey soils, good rainfall of approx. 800-1000 mm per year and access to irrigation water, this little property is ideal for fattening beef cattle, running sheep or even a dairy conversion. The opportunity exists for the next owner to harvest the timber, which is on the stepper country, replant on a new contract, reinvest the money earned back into stock and capital improvements or just pay down the debt. The gravel pit is an additional asset which can potentially generate another revenue stream.

Positioned on the West Tamar near Launceston in Tasmania, Bonnie Doon is a productive property within an easy commute to the local township of Exeter and just a 40 min drive to Launceston. A great area and community to live in and raise a family. Contact agent for details.