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401 Marbelup North Road
Marbelup WA 6330
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Sold on 1 May 2018

401 Marbelup North Road Marbelup WA 6330

  • Rural / Farming
  • 126.26 ha
  • Sold

EXCELLENT PASSIVE INCOME POTENTIAL

    Click on 'VIEW VIDEO' below.

    A leading aspect of this gently undulating 126.26 hectare (312acre) rural property central to the south coast regional centres of Albany and Denmark, is the potential to tap into three supplementary income streams.

    It poses a key opportunity for existing farmers wanting to expand their territory, or buyers keen to pursue the hobby farm lifestyle and easily commute to town for work if required.

    The asking price has just been adjusted, making this property more enticing than ever.

    Some 52.60 hectares (130 acres) of the land is dedicated to a blue gum plantation, which yields a healthy $18,000 per annum return.
    There are also two farmhouses on the property, giving you the option to rent out one and live in the other.

    The combined income from the plantation and rental alone would be around $35,000. And the property also has the capacity to stock over 40 breeders, creating even further income prospects.

    A permanent creek and two exceptional permanent soaks provide reliable and plentiful water sources.

    The property is stock ready with electric fencing, extensive, modern steel cattle yards and a 30mx8m lockable shed incorporating three stables.

    This former dairy farm was highly productive and featured good pastures in its hay day.
    The land offers a good balance of mostly kikuyu-based summer pastures, with gravelly soil in the high country down to heavier grazing on the flats.
    There is some bush and dedicated vehicle access to the plantation.

    The main 4x2 homestead and 2x1 cottage with two sleepouts, have superb rural views. The new owner/s will enjoy a level of peace and privacy only a property of this nature can offer.

    Highlights of the homestead include timber floors, two spacious living areas, separate dining, ensuite spa bath and sizeable patio. And whether you need a studio, workshop or games room, the nearby lined shed should do the job.

    The hilltop cottage is a fair distance from the main home and has plenty of character including jarrah floors, wide verandahs and open plan living.

    This property has undeniable potential for motivated buyers keen on the country life.

    Drone link: https://youtu.be/WqL28xblH2Q
    For more information please contact Barry Panizza on 0418 945 487.

    Property Highlights

    Date Sold1 May 2018
    Floor AreaAsk Agent
    Land Area126.26 ha
    ParkingAsk Agent
    Property ID2013977169
    Category
    Last updated  21 May 2018
    Map for 401 Marbelup North Road Marbelup WA 6330

    Property Highlights

    Date Sold1 May 2018
    Floor AreaAsk Agent
    Land Area126.26 ha
    ParkingAsk Agent
    Property ID2013977169
    Category
    Last updated  21 May 2018
    197 York St Albany WA 6330
    Wellington & Reeves
    Wellington & Reeves

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